Global imbalances and China's yuan policy
Many critics question the assumptions of the Bush Administration's yuan policy, even calling the cure of getting the currency to float worse than the disease. China is quite unfazed, sticking to its policies. This has lessons for Indi a, says S. VENKITARAMANAN, stressing that the RBI should keep the rupee a strong pillar of export competitiveness by weakening, rather than overvaluing, it.
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SOFTWARE
Three to tango
... in a software escrow agreement that benefits both the developer and the user.
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South Indian Bank hoping for an encore performance
The Chairman and Managing Director, South Indian Bank, Dr V.A. Joseph, has four good reasons to believe that the bank will repeat its good performance of last year. In 2005-06, the bank's net profit rose to Rs 50 crore from Rs 8.7 crore in the ...
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PUBLIC SECTOR BANKS
IOB sells 225 kg gold in 1st month
In the first month of launching its gold trading business, Indian Overseas Bank sold 225 kg of the precious metal for a value of Rs 20 crore. "The first consignment (of 200 kg) has been completely sold out. The second consignment ...
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