Financial Daily from THE HINDU group of publications
Monday, March 03, 2003

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

MONEY & BANKING

BUDGET


`Banks will gain from Budget boost to industry'
THANKS to the reduction and rationalisation of excise and customs duties in the Budget, many industries would benefit. As the industries benefit, the financials of the industries will improve, thereby banking sector can gain from the general ... More

`Borrowings manageable'
ALTHOUGH the gross borrowings for the year 2003-04 have been projected at Rs 1,66,000 crore, the market is not unduly worried about it as the net borrowings are at Rs 1,07,194 crore, which is lower than the revised estimates of Rs 1,12,865 crore ... More

FOREX


Forex build-up pace slows a tad
ACCRETION to the country's forex reserves was significantly lower at $71 million for the week ended February 21, as compared to the trend in the recent past. Forex inflows were to the tune of $616 million in the previous week and $1.084 ... More

DEBT MARKET


Bond market in a tizzy; PLR cut seen
Traders also said that the inflation continued to be a major worry. This was because further falls in nominal yields would bring down the real yields. More

RBI & OTHER CENTRAL BANKS


Agreement among European central banks — Bundesbank may opt to sell gold reserves
The decision of the central banks to sell gold assumes significance in the current context of high prices in the world market following war-related uncertainties and weak global economic conditions. More

INTEREST RATES


BoE rate cut hints at change of tack
GOVERNING the monetary policy is the easy part of any of the G-7 nation's central bank. What they cannot control is how the financial markets trade their currency. The relative value of the currency has a significant impact on trade and any ... More

  • SBT cuts interest rates

    MERGERS & ACQUISITIONS


    Govt in no hurry to push for M&As in banks
    NOT much should be read into the Budget announcement of allowing tax benefits on merger of other banks with nationalised banks. There is no hidden message from the Government for public sector banks to push ahead aggressively to gobble up ... More
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • BL Free Trial

    Pick a Winner Stock Market Contest

    Top Stories
    Vanilla flavour tickles farmers in South


    `Feels good but basic problems remain' : Former Finance Minister, Dr Manmohan Singh

    `Excellence should become a byword for what India does'

    KSRTC begins conversion to LPG-run buses

    Education tax: `Giving with one hand, taking with the other'

    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Feb. 23-Mar. 1
    Rating agencies can rate `associate'

    Godrej & Boyce launches note banding machine

    Forex reserves rise $616 m

    Nidhis want to be covered under Securitisation Act

    IDBI Bank home loans come with durables, job loss cover

    Lenders free to decide on NPA categorisation — Govt rejects industry plea on `honest failure'

    `Borrowers will gain from NPA recovery'

    No big bang, but...


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line