The Hindu Business Line : Sunday, August 01, 2004

FINANCIAL SERVICES
Travel agents, airlines commission row unresolved
THE tussle between travel agents and some leading international airlines continues, on the latter's decision to reduce the agent's commission from seven to five per cent. A meeting between the two sides here remained "inconclusive" giving rise ... More

FOREX
Forex reserves decline sharply by $1.53 billion
THE country's foreign exchange reserves fell by over $1.5 billion during the week ended July 23. This is the sharpest weekly fall in reserves registered in the current year. According to forex analysts, selling of dollars by RBI and revaluation ... More

PRIVATE BANKS
GTB is `going to bed'
ONE more calamity has struck the finance world with such dramatic force as an earthquake of sorts. As a result, what we are left with is a big ship called GTB with gaping holes caused by torpedoes shot from inside. Predictably, when everybody ... More

Cross Currency Rates

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BIMSTEC enlarges scope beyond economy, trade

Forex reserves decline sharply by $1.53 billion

Looking back
Jul. 25-Jul. 31
Forex reserves rise $328 million

Bank credit up Rs 4,904 cr

Guard against surprise on US interest rates

BoB net profit up 20 pc in Q1

Private banks vie for Global Trust's retail pie

Rupee hits 46.47; bond yields soar

Timely Nabard credit line for farmers

`Decision on GTB taken in public interest'