Financial Daily from THE HINDU group of publications
Friday, July 18, 2003
Markets (July 17)
BL 2501308.47 (-17.37)
BSE Sensex3668.91 (-52.74)
S&P CNX Nifty1152 (-16.75)
US Dollar (Buy/Sell)46.17 (46.30)
Gold Std (10 gm)5280 (+20)


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BSNL, MTNL to retain ISD rates — PSUs won't respond to cheaper pvt mobile tariffs
EVEN as all the private cellular operators have slashed their ISD tariffs to Rs 15.99 per minute, both Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have decided to continue with their existing tariff rates, which are ... More

`Govt should ease FDI flow to IT sector'
LET government not put money into information technology, let it only make it easy for foreign direct investment to come into the country, the Chairman and Chief Mentor of Infosys Technologies, Mr N.R. Narayana Murthy, has said. He was ... More

The dragon revs up for Indian market — Watch out for bikes & buses
LOOKING for a new bike? Come September you will have the option of zooming off down town on Chinese bikes — three of them to be precise. Delhi-based Monto Motors, in a tie-up with the China-based Li-fan Group, is set to formally launch its ... More

Move to stem arbitrage-driven inflows — RBI caps interest rate on NRE deposits
"The capping of the interest rates also ensures a level playing field amongst players and prevents unhealthy competition.'' More

Want a new battery? You may have to return the old one
THE next time you go to your nearest dealer to buy a new lead acid battery for your vehicle, he may refuse to sell you one unless the old one is handed over to him. The same thing can apply for your battery in the power inverter or UPS. Your ... More

Govt unconvinced; seeks more details from Star News
THE troubles for Star News do not seem to end with the Government indicating its dissatisfaction over the responses given by the Media Content and Communication Services (MCCS) Pvt Ltd. Sources in the Information & Broadcasting (I&B) Ministry ... More


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Current account transactions eased further — Forex limit for education, medical treatment hiked


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Govt in no mood for banking reforms

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