The Hindu Business Line : Monday, July 23, 2007

INSIGHT
Appreciating the causes and effects of rupee appreciation
The recent weeks have seen the rupee rising against the dollar amidst squeals of protest by exporters of textiles and other manufactured goods, besides services. Software services have, particularly, seen their competitiveness suffer. Importers ... More

FOREX
Flux in forex accounting norms
Chennai, July 22 It is not only the rupee that has been in a flux these days. The accounting guidelines on the subject too are apparently in a state of indefiniteness. A recent announcement by the Institute of Chartered Accountants of ... More

CONSUMER FINANCE
Intel goes rural with lend-n-lease tie-ups
More

DEBT MARKET
Bonds continue to rally
Bangalore, July 22 Bonds continued their rally for the third consecutive week, powered by surging foreign exchange reserves and consequent reserve money expansion.But traders said that the rally was also led by large deposit inflows. ... More

PRIVATE BANKS
Tamilnad Mercantile Bank opens branch in Bhilwara
Tuticorin-based Tamilnad Mercantile Bank (TMB) has opened its 185th branch at Bhilwara, Rajasthan. While Mr Ram Pal Soni, Chairman, Sangam Group of Industries, Bhilwara, inaugurated the fully computerised and networked CBS branch that ... More

UTI Bank’s GDR priced at $15.43
QIP, preferential allotment at Rs 620 a share More

NON-PERFORMING ASSETS
Recoveries buoy Indian Bank’s Q1 net profit
Chennai, July 22 Indian Bank has reported a net profit of Rs 212 crore for the April-June quarter, 28.65 per cent higher than Rs 164.81 crore achieved in the corresponding quarter of last year.In this, the bank was aided by higher ... More

CREDIT MARKET
BoB unveils SME loan factory
Bank of Baroda has launched an SME (small and medium enterprises) loan factory in Hyderabad. The bank also launched its 76th branch in Andhra Pradesh at Kukatpally in the city. While the branch was inaugurated by the CEO of Maytas Infra, Mr P.K. ... More

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Cross Currency Rates

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Shipping lines must be allowed to hire foreign crew

Gold could find $688/693 range formidable

Record soyabean, cotton crop in offing

Appreciating the causes and effects of rupee appreciation

Bonds continue to rally

China’s growth fuels copper prices

Looking back
Jul. 15-Jul. 21
Corporation Bank Q1 net rises on higher volumes

Making Mumbai an international finance centre

Growth and adjustment after East Asian crisis

Rising rupee: Exporters look for further relief

Weak rupee not the cure-all

Credit card business set for over 30% growth

IRDA balking at migration to new solvency norms

India’s holdings of US G-secs fall in May