![]() Financial Daily from THE HINDU group of publications Monday, March 03, 2003 |
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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' 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
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 |
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Top Stories 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... |
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