Financial Daily from THE HINDU group of publications
Wednesday, March 13, 2002
Forex Rates March 12 (4.30 p.m. IST)
1 PoundRs 68.82
1 EuroRs 42.47
1 USDRs 48.67
100 YenRs 37.81
1 Sing $Rs 26.70

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MONEY & BANKING

ECONOMY


Domestic market must drive growth
AN economic revival now rests on prayers. The Government is caught in a cleft between a rising fiscal deficit and the slowdown in growth. The Finance Minister was more apologetic about the size of the deficit than the absence of stimulus measures ... More

POLICY


Unorganised sector set to get more credit -- PMO working groups meet on March 15
THE Government is expected to come out with a new policy framework for enhancing the flow of bank credit to the unorganised sector. A meeting of working groups, set up by the Prime Minister's Office to examine the issues involved and make ... More

GENERAL INSURANCE


Oil refineries face hike in insurance premiums
PETROLEUM refineries are expected to face large hikes in insurance premiums on risk cover due for renewal, on account of the changes effected by reinsurers in the risk weightage for Asia. Industry sources said that reinsurers have escalated ... More

PRIVATE BANKS


BOB unveils Web site
CHENNAI: Bharat Overseas Bank's Web site, www.bharatoverseasbank.com was recently launched in Chennai by the Chief Justice of the High Court of Chennai, Mr Shubashan Reddy. Speaking on ... More

ASSET MANAGEMENT COMPANIES


India Life AMC gets SEBI licence
INDIA Life Hewitt, a firm that outsources human resources administration, announced on Tuesday that its investment arm, India Life Asset Management Company (ILAMC), has been granted a portfolio management licence by the Securities and Exchange ... More

EVENTS


  • Rearview
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
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  • Top Stories
    `Basic telephony operators see creeping growth rate'


    House panel slams Govt on petrol cess redirection

    Rice exports up despite fall in global demand

    MTNL may take stake in Sri Lanka Telecom

    Govt rethink on powers to hike excise rates

    Oil refineries face hike in insurance premiums

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Mar. 3-Mar. 9
    Interest rates on relief bonds cut

    Bond yields trip on tame rate cut

    RBI norms for grant of NBFC demand loans

    RBI cuts repo rate to 6 per cent

    Significant rise in credit offtake

    SBI Life joins hands with Sundaram Fin

    IDBI may cut rate on Flexibonds

    PNB maiden issue at Rs 21 premium

    SBI kisan card turns FMCG golden goose


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