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Sunday, July 24, 2005
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MONEY & BANKING

FOREX


Forex reserves rise by over $600 m
AFTER falling for three consecutive weeks, the country's forex reserves have recorded a modest rise of over $600 million for the week ended July 15. According to the Reserve Bank of India's Weekly Statistical Supplement, there has been an ... More

STOCKS


Corporation Bank: Pare exposures
SHAREHOLDERS of Corporation Bank can consider reducing their exposure to the stock, which trades at valuations that are far superior to the stocks of other public sector banks. Corporation Bank's performance, ... More

FINANCIAL PERFORMANCE


Bank of India Q1 net up 5.5 pc
BANK of India has reported a 5.5 per cent increase in its first quarter net profit at Rs 171.74 crore as against Rs 162.69 crore in the year ago period. Announcing the results here today, Mr M. Balachandran, Chairman and Managing Director of ... More

LIFE INSURANCE


Life insurance: The cover drive
THE life insurance sector, dealing as it does with something as mundane as life and death, may lack the glamour associated with automobiles or diamond jewellery. But its growth rate could well be the envy of ... More

LIC targets 100 pc growth in unit-linked plans
LIFE Insurance Corporation of India expects its unit-linked insurance plans to grow 100 per cent this fiscal, the LIC Chairman, Mr A.K Shukla, told Business Line. Last year, over 35 per cent of LIC's first premium business came from two ... More



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Forex reserves rise by over $600 m


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In Focus

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In Depth

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Looking back
Jul. 17-Jul. 23
India largest recipient of World Bank aid

Individual, unit-linked policies steal show — Pvt life insurers' new biz up 129 pc

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Metal sector may benefit from yuan revaluation

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Yuan change: No major benefit seen for textile exporters


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