Financial Daily from THE HINDU group of publications
Wednesday, January 15, 2003
| Forex Rates Jan. 14 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Wednesday, January 15, 2003 |
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MONEY & BANKING FOREX Rupee steady; gilts rally Mumbai: FORWARDS premium on dollar were seen crashing on Tuesday by close to 20 basis points in the local forex market with exporters expecting further appreciation in the rupee. Exporters had been fervently selling their forward contracts in ... More MANPOWER General insurance cos to introduce VRS AS the first step towards introducing VRS, the public sector general insurance companies have taken steps to grant voluntary retirement to development officers. The scheme would be applied to Class 1 officers and other staff in the very near ... More NBFCS PHF Leasing FD issue downgraded ICRA has downgraded the rating assigned to the fixed deposit programme of PHF Leasing Ltd (PFHL) from `MA-' to `MB+', indicating inadequate safety. The timely payment of interest and principal are more likely to be affected by future ... More LIFE INSURANCE Birla Sun Life adds `waiver of premium' rider BIRLA Sun Life Insurance has launched a `waiver of premium' rider, which covers critical illness as well as total permanent disability. The rider benefits will be available even when the customer suffers from an accident and is totally and ... More GENERAL INSURANCE Motor detariff proposal may be put on backburner THE proposal to initiate detariffing of the motor insurance business may become a non-starter. The issue is now likely to be pushed to the backburner for the time being with a section of insurance companies that was earlier pushing for ... More PUBLIC SECTOR BANKS 43 pc priority sector lending target achieved THE commercial banks in Kerala have disbursed Rs 3,823 crore to the priority sector during the half year ended September 2002, which represented 43 per cent of the target of Rs 8,912 crore set for the whole year ending March 31, 2003. Out of ... More
SBI plans integration across group banks
FINANCIAL INSTITUTIONS IDBI Flexibonds issue to open on Jan 20 IT is the peak of the "tax-plan season", and issuers are losing no time to cash in on the demand for tax-saving instruments. While ICICI Bank's retail offering is already open in the market, Industrial Development Bank of India (IDBI) today ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Inside China Stock scam unravelling Petrol pump controversy Kelkar Report Reliance & Telecom Competition 2002: A drought year Gold: Still the winner? Oil PSUs: Disinvestment dilemma NPAs in Banking Book Reviews Q3 Results In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Jan. 5-Jan. 11 IRDA for more tax sops to encourage savings No money for the poor Govt to float crop insurance co Pvt general insurers rake in Rs 825-cr premium income What if Postal Dept played moneylender? |
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