The Hindu Business Line : Sunday, June 26, 2005

Forex reserves up by $1.04 b
INDIA'S foreign exchange reserves surged by $1.04 billion for the week ended June 17, after two consecutive weeks of decline, during which they fell by a cumulative $1.303 billion. According to the data released by the RBI today, the reserves ... More

Help regulate foreign donations: Chidambaram
THE Finance Minister, Mr P Chidambaram, has urged civil society to cooperate and work with the Government to "reasonably regulate" foreign contributions and ensure that such donations are utilised only for the purposes for which they are made ... More

PUBLIC SECTOR BANKS

Govt may infuse capital into Punjab & Sind Bank
THE Government may consider providing recapitalisation support to Punjab and Sind Bank (P&SB), the Finance Minister, Mr P. Chidambaram, said here on Saturday. "The extent of capital infusion would depend on the bank's plans for the current year . More

CREDIT MARKET

Bank credit rises by Rs 6,318 crore
GROSS bank credit increased by Rs 6,318 crore for the fortnight ended June 10 to touch Rs 11,50,189 crore, according to Reserve Bank of India's Weekly Statistical Supplement. This is inclusive of food credit, which increased by Rs 22 crore to ... More

BOOKS

Forex market follows the sun around the world
WALL Street's `best-kept secret' is revealed in Raghee Horner's "Forex Trading for Maximum Profit" from Wiley (www. wiley. com). If you think the subject is new, you aren't alone, assures the author. "No one is born knowing how to trade; we all ... More

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