Financial Daily from THE HINDU group of publications
Friday, December 09, 2005
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Financial Daily from THE HINDU group of publications Friday, December 09, 2005 |
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MONEY & BANKING FOREX Rupee weak; gilts in range MUMBAI: The rupee witnessed two-way movement on Thursday and closed a shade lower against the dollar. It opened at 46.25/26, touched a low of 46.37 on news of defence spending. The domestic currency gained on good inflows to end ... More
India tops in remittance inflow INSURANCE IRDA authorised to permit foreign firms set up liaison offices THE Insurance Regulatory and Development Authority (IRDA) has been authorised to permit insurance companies registered outside India to set up liaison offices in the country. As per the existing procedures, the Reserve Bank of India (RBI) is ... More NBFCS 
Nidhis may be allowed to offer fee-based servicesNIDHI companies could soon diversify into insurance broking, agency services and other advisory services if the Ministry of Company Affairs accepts the recommendations of an expert group set up to examine any lacunae in the existing norms ... More LIFE INSURANCE Tata AIG launches `Nirbhay Life' TATA AIG Life Insurance on Thursday launched a participating money back policy, `Nirbhay Life'. The company has positioned the plan as a limited-payment period policy with a nine-year payment term. The policy holder will get money at regular ... More PRIVATE BANKS Federal Bank to distribute Franklin Templeton MFs FRANKLIN Templeton Investments (India), one of the largest mutual funds in the country, today announced a tie-up with Federal Bank to distribute its products through the bank's branches. A memorandum of understanding was signed between the ... More FOREIGN BANKS ABN-Amro plans to offer retail brokering services ABN-AMRO is planning to start retail brokerage services by February 2006, under ABN-Amro Equities, which is a subsidiary of the bank, said Mr Romesh Sobti, Executive Vice-President and Country Representative. In the first phase, the service ... More INTEREST RATES 
MRTPC blocks bankers' move to fix lending rate floor — Notices being issued to IBA, Govt & RBITHE efforts of Indian banks to arrive at a loose consensus on industry-wide floor levels on lending rates could come to an abrupt halt with the Monopolies and Restrictive Trade Practices Commission (MRTPC) holding that any such move could amount ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Nov. 27-Dec. 3 LIC `group cover' business up 9 pc despite FBT LIC welcomes FDI in insurance biz Bank credit up by Rs 15, 832 crore Discounts on NPA take-outs falling Canara Bank open to M&As Time to take a leaf out of China's books Hefty flood claims, higher reinsurance rates — Private insurers set to hike tariffs `Consumer finance a major growth area' Passport not must to encash forex up to $500 Eyes stake in Allahabad Bank-promoted venture — Karnataka Bank gears for insurance foray BSE scores over NSE in ICICI Bank issue Toyota offers 1% interest on loans for Innova buyers |
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