The Hindu Business Line : Monday, May 23, 2005

Left to oppose pension Bill
THE Left parties will oppose the Pension Fund Regulatory and Development Authority Bill in Parliament, said Mr Chittabrata Majumdar, General Secretary of the Centre of Indian Trade Unions (CITU). Addressing a press conference in the city ... More

INSIGHT

Foreign inward remittance — Getting rid of the stumbling blocks
With the increase in inward remittances, individuals need to have a thorough understanding of all the options available to them, weighing all the pros and cons, before finally deciding the system through which they can remit their payments. More

FINANCIAL POLICY

RBI decision to drop MIFOR needs relook
In the absence of MIFORs, banks will be able to hedge themselves, but only by doing an identical currency swap in the market. Currency swaps are very credit intensive and will choke credit lines for counterparties very quickly. More

GOVT BONDS

Life insurers, MFs help bonds rally
BONDS rallied last week as life insurance companies and some mutual funds stepped in to capitalise on the high yields. But, traders said that what also rendered support to the bond markets was the Reserve Bank of India's notification enlarging ... More

TRENDS

Visakhapatnam girijans suffer exploitation by money-lenders
IT is a familiar sight in the agency (tribal) areas of Visakhapatnam district, herds of donkeys transporting forest and agricultural produce to the plains. Behind it lays a tale of human greed, exploitation and callousness. These donkeys ... More

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