Financial Daily from THE HINDU group of publications
Wednesday, June 04, 2003
Markets (June 3)
BL 2501174.23 (-0.90)
BSE Sensex3181.97 (-24.41)
S&P CNX Nifty1010.65 (-4.50)
Dollar (Buy/Sell)46.94/47.08
Gold Std (10 gm)5655 (+20)

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OFFHAND


Conning the world
"SEX it up", "Lies, lies, lies" are two of the headlines of British newspapers on front pages over history's most audacious conning by the US and the UK Governments of their own people and the world. The first alludes to the revelation that the ... More

FINANCIAL SCAN


Euro: Over the hill?
THE euro has seen sharp ascent in 2002 and 2003 from $0.85-0.90 levels to the present range of $1.16-1.19. This is appreciation of over a third in the space of 18 months. The question uppermost in the minds of the market players is whether it ... More

FOCUS


Cos Bill: Logic behind some provisions not clear
THE statement of objects and reasons accompanying the Companies (Amendment) Bill 2003 does not substantiate why certain provisions are considered necessary. The Bill also leaves out certain recommendations, acceptance of which will really have ... More

APPRAISAL


Depositors' tenor preferences unchanged
DEPOSITORS did not alter their tenor preferences as far as bank deposits were concerned during the past fiscal. They continued to park a major part of their money in the one-year - three-year deposits. A compilation of deposit figures ... More

EAR TO THE GROUND


IOC on buy list ahead of results
ANOTHER petroleum company that is being accumulated by market players is Indian Oil Corporation (IOC). Dealers said after the good financial results from most of the oil companies, market players are optimistic about the good financial ... More

SENSOR


Sensex loses steam; bank stocks rebound
AFTER four consecutive trading days of northward movement, the benchmark BSE Sensex lost its steam and fell on Tuesday. Profit booking witnessed by the index heavyweights and key information technology stocks dragged the index down. PSU bank ... More
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Top Stories
Ministry cool to banks' plea — G-secs buyback gains not into IFR kitty


Monsoon may set in around June 8-10 — Further advance likely to be delayed

Gold rally unsustainable on fundamentals: Expert

`US may tighten L1 visa norms'

Software exports up 26% in 2002-03

Exposure Draft on accounting standards for Govts — `Treat letter of comfort as implicit guarantee'

GM foods: Towards an apocalypse

In Focus
SARS scare
The Cable tangle
Pakistan Diary
Indo-Pak Monitor
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collection
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
May. 25-May. 31
Banks flex CAR muscle

PSBs' deposit growth slows


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