Business Daily from THE HINDU group of publications
Saturday, March 31, 2007
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Commodities (March 30)
Gold (per gram) Rs871
Silver (per gram) Rs20.70
Brent crude (per bbl) Rs2,949
Markets (March 30)
BSE Sensex13072.10(+92.44)
S&P CNX Nifty3821.55 (+23.45)
US Dollar (Buy/Sell)43.49 (-0.28)


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RBI marks up key rates; aim is to ensure price stability
Repo rate, cash reserve ratio raised; retail, corporate loans may turn costlier More

The `surprise' hike
Markets may not like surprises. But that disapproval rarely, if ever, deters central bankers from giving them a jolt every now and then. Act when it is unexpected and sit tight when it is expected, seems to be the unspoken central banking mantra. ... More

Get ready for higher interest rates, say bankers
Interest rates are sure to harden, say bankers reeling from the RBI's `triple whammy'. The central bank's hike in repo rate by a quarter percentage point to 7.75 per cent, increase in the Cash Reserve Ratio by 50 basis points to 6.50 per cent, as ... More

Experts fear dip in markets in the wake of CRR hike
Banking, auto stocks expected to be hit hardest More

Inflation rate unchanged as primary articles rule firm
Wholesale Price Index of all commodities up at 209.4 More

GAIL lines up Rs 18,000 cr for new projects
More

BoB enters life insurance biz
Selects UK's Legal & General as partner More

Govt issues draft exim valuation rules
Move against money laundering, misuse of drawback schemes More

FDI limit in credit info cos to be cut to 49%
Bigger say for Indian partners More

Call rates surge; touch intra-day high of 80%
State loans can be collaterals, says RBI More

BSNL contests 36% cut in access deficit charges
Tribunal schedules special hearing today More

Value buying helps pharma stocks
Stock-specific reactions too aid sentiment More

Heat wave in Gujarat seen as good augury
May ease off with the next western disturbance More


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Union Budget 2007-08

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ICICI Bank, HDFC Bank ADRs slump 5%

PSU employees irked by tax on company housing

RPG Retail plans 2,000 Spencer's outlets over 2 years

`CRR hike to have some impact on profitability'

Services receipts help reduce current a/c gap

External debt surges by $6.19 b in Q3



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