Financial Daily from THE HINDU group of publications Monday, February 27, 2006 |
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MONEY & BANKING INSIGHT On rising trend If the economy is to keep up with other countries in a deregulated milieu, it has to adopt the interest cycle of the global economy, which seems to be moving up. More GENERAL INSURANCE Higher tax breaks likely for health insurance Budget may signal next phase of reforms Opening up more Capital requirement in standalone cos may be reduced to Rs 50 crore. Deduction permitted under Section 80-D may be hiked to Rs 20,000. More DEBT MARKET
Bonds lower on fears of higher borrowingsDeclining oil prices fail to make any impact Spreads continue to narrow High forwards due to slowdown in inflows More PUBLIC SECTOR BANKS
Indian Bank sets trend in going ruralIndian Bank is set to bring the unbanked populace in the semi-urban and rural areas within its fold. The bank has drawn a roadmap for taking up the Reserve Bank of India's initiative on financial inclusion and the exercise is expected to be ... More FINANCIAL INSTITUTIONS Rs 1,400-cr PFC loan for Ratnagiri Gas The new promoters of the Dabhol power project have tied-up a Rs 1,400-crore bridge-loan from the State-owned Power Finance Corporation (PFC) to fund the completion of the 1,444 MW second phase of the project. The loan, with a 12-year maturity, ... More CORPORATE BONDS Crisil rates UCO Bank's hybrid instrument Crisil has given the rating for the Tier I perpetual debt issue and the upper Tier II bond issued by UCO Bank, which is the first ever Indian bank to take the hybrid instrument route to raise capital. Crisil has assigned an `AA/Stable' rating ... More CREDIT MARKET Poultry sector seeks reschedule of loans The Tamil Nadu poultry industry has approached the Union Government to reschedule the loans extended to the sector by the banks and financial institutions in view of the loss caused by the avian flu outbreak. The industry in a representation ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
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Looking back Feb. 19-Feb. 25 Life insurers keep off bond market ahead of Budget Bankers seek lower service tax on credit cards `More global investors entering India' Deutsche Bank upbeat Livestock insurance scheme coming Centre to bear 50 pc of premium, says Cabinet panel IMF cautions India on the fiscal front Poultry insurance covers bird flu losses, clarify officials Forex reserves rise by $ 811 m |
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