Financial Daily from THE HINDU group of publications
Monday, April 08, 2002
Financial Daily from THE HINDU group of publications Monday, April 08, 2002 |
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MONEY & BANKING FOREX Rupee set for new range against dollar While the price of oil has risen significantly from its recent low of $18 a barrel in November, it remains well below the $37 a barrel reached in September 2000. Also, it will be interesting to see what effect it will have on inflation levels in the country. More HOUSING FINANCE 
Hudco sees 15-20 pc boost to net profitHOUSING & Urban Development Corp Ltd (Hudco) is expecting its profit to rise by at least 15 per cent in the current financial year owing to the boom in housing and infrastructure sectors, top company officials said. The rise in profit is ... More LIFE INSURANCE LIC development officers to protest service tax THE National Federation of Insurance Field Workers of India, an organisation of the development officers of LIC, will hold demonstrations in front of all offices of LIC in the country on April 8 to protest against the Budget proposal for ... More GENERAL INSURANCE Third party cover can't be denied, says IRDA -- Allows 100 pc hiking of motor insurance tariff THE Insurance Regulatory and Development Authority (IRDA) has formally allowed companies to hike motor third party insurance tariffs by a maximum of 100 per cent on renewal over the previous year. The authority has said that the hikes should be ... More PRIVATE BANKS FOREIGN BANKS FINANCIAL INSTITUTIONS IDBI's assets set to shrink Rs 3,500 crore THE largest financial institution in the country would perhaps be testimony this year that the term lending market is in a shambles. Industrial Development Bank of India's (IDBI) total assets are likely to shrink by at least Rs 3,500 crore. ... More GOVT BONDS Liquidity overhang weighs on bond markets BOND markets went into frenzy in the first week of trading of the new financial year propelled by continued liquidity expansion. As a result, yields dropped by a hefty 26 basis points (0.26 per cent) last weekend to 7.14 per cent. The previous ... More
MONETARY POLICY A look at effectiveness of European Union One of the reasons for the convergence has been the synchronised nature of the global downswing. The slowdown in the US economy in 1990 coincided with vigorous growth in euro zone countries and Japan. More BOOKS 
Rupee WatchRupee watch -- The Story of the Indian Forex Market Retold (1993-1999) By G. Natarajan Publishers: Har-Anand Price: Rs 395 More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 31-Apr. 6 GTB ousts 7 top officials Govt cuts SDS to 9 pc; PF rate reduction on anvil `Further rate cuts difficult unless costs come down' Making effective use of rural bank branch staff GTB may resume search for strategic partner -- Retail deposits soar by Rs 1,000 cr Rupee falls to new low, recovers FI-promoted banks may get to do Govt business Of elephants, rabbits and GIC Fortune Panel moots due diligence for private bank directors SBI for merger of select associate bank branches |
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