Financial Daily from THE HINDU group of publications
Monday, April 22, 2002
Financial Daily from THE HINDU group of publications Monday, April 22, 2002 |
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MONEY & BANKING FOREX Steady conditions in the dollar-rupee market Thanks to the repeated failure at 48.95 and the abysmally low volatility in this currency pair, one is inclined to believe that quite a few long-dollar positions have been pared back or squared up and therefore the dollar liquidity overhang in the sp ot rupee markets seems to have been considerably dampened. More HOUSING FINANCE Corpbank Homes net doubles to Rs 3.38 cr CORPBANK Homes Ltd, a wholly owned subsidiary of Corporation Bank, has doubled its net profit for the financial year ended March 31, 2002. Net profit after tax increased to Rs 3.38 crore against Rs 1.66 crore for the previous year, registering a ... More RBI & OTHER CENTRAL BANKS 
IMF must compensate poor nations for oil price volatility, says SinhaTHE Union Finance Minister, Mr Yashwant Sinha, has urged the International Monetary Fund (IMF) to compensate and assist developing countries for the "deleterious effects" of international oil price volatility. "The Fund and other multilateral ... More PRIVATE BANKS GOVT BONDS State Govt loans may find it tough BOND markets remained flat during the week resulting from poor trading interest amid incipient signs of a recovery in credit offtake. Ten-year yield to maturity (YTM) rose to 7.32 per cent last weekend from the previous week's 7.25 per cent. ... More MONETARY POLICY Expect a deep CRR cut in the policy AFTER showing a robust growth in November and December, the IIP numbers for January and February have started to disappoint again. Looking at the year on year growth in percentage terms might not be the best way of tracking the economy as the ... 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 Apr. 14-Apr. 20 Pre-condition for premium hike in future -- Truckers want third party liability capped 48.95 crucial level for the rupee Kotak Mahindra to merge four arms with itself Strike brings cheque clearing to standstill Centurion promoter Ahuja quits board Interest rate adharma Policyholders' protection regulation in the offing 2.31 cr new policies sold in 2001-02 -- LIC close to deal for venture in Lanka |
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