Financial Daily from THE HINDU group of publications
Sunday, July 21, 2002

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International calls to become cheaper
INTERNATIONAL long-distance (ILD) call rates, slashed overnight by close to 40 per cent, are expected to go down even further in the next couple of weeks. According to senior officials of Videsh Sanchar Nigam Ltd (VSNL) — the incumbent ... More

PNB tender norms favour MNCs, says ICAI
THE Institute of Chartered Accountants of India (ICAI) has objected to the eligibility criteria fixed by Punjab National Bank (PNB) in its tender for appointment of firms for Information Security Audit in PNB. PNB had announced its intention a ... More

UPASI spurns Cofei cuppa — Gets Govt nod for tea futures
THE United Planters' Association of Southern India (UPASI) has turned down a "feeler" from the Coffee Futures Exchange of India (Cofei) Ltd to take over the coffee futures exchange. According to trade sources, talks for the take over of ... More

Forex reserves up by $784 m
THE country's forex reserves have surged by $ 784 million to touch $ 58.789 billion for the week ended July 12, 2002, as compared to $ 58.005 billion in the previous week, according to the weekly statistical supplement (WSS) of the Reserve Bank ... More

Job seekers shy away from insurance cos
THE first murmurs are being heard from recruiters in the insurance industry. After putting in place their management teams, private insurance companies are now struggling to strengthen the rolls of `financial advisors' alias agents. According to ... More

Bank credit increases by Rs 4,166 crore
LOANS and advances by the RBI to the central Government, in the form of ways and means advances, continued to rise touching Rs 12,284 crore on July 12 as against Rs 11,069 crore in the previous week, a rise of Rs 1,215 crore over the week, as per ... More

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