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Sunday, September 21, 2003


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Bank credit numbers belie `feel good' factor
THOUGH there is a feel good factor in industry and every industrialist and banker is talking of an economic recovery, bank credit numbers do not confirm the good tidings. Cumulative bank credit (food and non-food) has gone up for two ... More

VRS in the offing for PSU general insurance staff
THE voluntary retirement scheme (VRS) for employees of the four public sector general insurance companies is likely to be notified during the course of this month. Top officials said that the four companies would be taking it to their ... More

Correcting trade distortions is our mission: Jaitley
INDIA has said that it would continue to engage the developed countries at a multilateral level to ensure the correction of trade distortions that are caused by subsidies doled out to agriculture in the developed world. Such an engagement ... More

Margin trading triggered fall in stock prices?
MARGIN trading is again seen as a trigger that caused stock prices to fall over the last few trading sessions as traders failed to pay the additional margin money, brokers said. According to brokers, there has been across the board selling ... More

Forex reserves touch $87.9 b on NRI remittances
THE forex reserves of the country grew by $491 million to touch $87.856 billion for the week ended September 12 on account of NRI remittances and export receivables. This figure does not reflect the impact of the new measures taken by the ... More


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