The Hindu Business Line : Monday, May 27, 2002

Rupee likely to see more bear pressure
The 49.08 is now the `triple-top' as was the case with previous dollar resistances against the rupee. One gets the feeling that once this level is broken, we may see the rupee weaken quickly to about the 49.50 levels. More

HOUSING FINANCE

GIC Housing plans schemes for women
GIC Housing Finance Ltd would soon be introducing new schemes with flexibility in terms of repayment and interest rates, according to Mr N. Sowmyan, Chief Executive, GICHFL. Speaking to presspersons, Mr Sowmyan said the schemes would provide ... More

RBI & OTHER CENTRAL BANKS

Confidence in strong global recovery waning, says BIS
From the start of the year to the first week of May 2002, stock prices declined and US long rates edged lower with the waning of confidence in a strong global economic recovery. More

GOVT BONDS

Now, post offices to retail Govt bonds
AFTER small savings instruments, mutual fund products and bonds, now post offices are set to retail the Government securities (G-secs) through its countrywide network. The Department of Posts and the Reserve Bank of India (RBI) have cleared a ... More

Trading interest dull in 2017 security
There has been complete loss of interest in the newly issued 7.49 per cent 2017 per cent security, where trading volumes currently account for just 3 per cent. Till the end of April, this was one of the most sought after securities and accounted for almost 40 per cent of the overall trading volumes. More

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