Financial Daily from THE HINDU group of publications
Monday, July 22, 2002

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No respite for dollar bulls!
The dollar's global weakness has contributed to reduced demand from importers and inter-bank players. The few remaining dollar bulls have also beaten a retreat in the inter-bank market once 48.76 broke. More


LIC (South) Q1 premium income Rs 1,042 crore
THE Southern Zone of the Life Insurance Corporation of India has achieved a record total premium income of over Rs 1,000 crore in the first quarter of the current financial year. The Zone's total premium income amounted Rs 1,042 crore, as ... More


US markets showing signs of `capitulation'?
IT was intriguing to hear that word again after a very long time. One of the analysts described the current mayhem in the US stock markets as signs of `capitulation'. Equity markets have continued to slide down and dashed hopes of any ... More


Bond market volumes dip on liquidity fears
Trading volumes dropped to about Rs 3,200 crore last week, down from Rs 4,000 crore plus during the previous week. The volumes declined despite the hefty $784 million increase in the foreign exchange reserves to $58.79 billion. More


Bill on NPA recovery puts in more action — Wilful defaulters may find going tough
THOUGH the Bill to replace the Ordinance for NPA recovery has not made any concession for any category of defaulters for action by lenders under the new law, industry's plea for a distinction between wilful and non-wilful defaulters would be met ... More


Investor Personal Finance Show 2002
Visitors filing in the application form for loans at the Investor Personal Finance Show 2002 at Palace Ground in Bangalore on Saturday.



The worst is over
The East Asian Currency Crisis
By Mihir Rakshit
Publishers: Oxford University Press, New Delhi
Price: Rs 545 More
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