MONEY & BANKING
PENSION PLANS
Pension plans: Insurers seek in-house unit
A FRESH regulatory dilemma has popped up before those charting the course of pension sector reforms. The existing insurance companies have renewed their demand that they be allowed to offer pension products from within their ongoing insurance ...
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INSIGHT
Firm crude prices in summer worrisome
The US gasoline inventories are down and there are concerns that violence in West Asia can cause disruption.
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Banking on development paradigm
If development banking is to regain its charm, it has to re-invent itself. These long-term lenders must learn to think differently, and should evolve a mechanism to assess the health of the borrower. Only a change in the mindset, a new vision, can gi ve development banks a new life, says P. V. Indiresan.
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The rise of the rupee
MR Nigel Lawson, the former Chancellor of UK Exchequer, discussing the intricacies of exchange rate policy, has a pithy quote from Oscar Wilde's play The Importance of Being Earnest. A character in the ...
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GENERAL INSURANCE
SBI to distribute New India products in Karnataka
STATE Bank of India, Bangalore Circle, has announced its tie-up with New India Assurance Company Ltd (NIAC), for distribution of NIAC's general insurance products in Karnataka. SBI, which has a network of 214 branches, launched its ...
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DEBT MARKET
Bonds buoyant despite RBI intervention
BOND markets remained buoyant during last week despite the aggressive intervention by the Reserve Bank of India. During the week, the RBI mopped at least Rs 4,000 crore through auctions of the T-bills, under both the Market Stabilisation ...
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VENTURE CAPITAL
Domestic venture funds see scope for growth
DOMESTIC venture funds, which were hitherto been marginal players in the market dominated by foreign funds, have begun to get aggressive and there are ample opportunities for them to become natural partners to corporates. With the economy ...
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Cross Currency Rates
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