The Hindu Business Line : Wednesday, August 08, 2007

Moody’s rating too conservative
Chennai, Aug. 7 Negative marks for a country which runs a deficit in its national accounts is almost an axiom with the rating agencies. The closest analogy to this in the world of macroeconomics is the circumspection with which a ... More

Certificates of deposit rates crash to 8%
Credit growth slowing even as deposit accretions continue More

‘Essar selling petrol to Reliance’
Sales close to 5,000 t since May at refinery transfer price More

We will co-exist with the mandis, says Wal-Mart
‘Tie-up with Bharti will help us understand the domestic market’ More

Genpact plans buying $200-m revenue cos
To enhance capabilities in financial services More

Imperatives in corporate forex hedging
More

15% growth in cargo handling by major ports
The 12 major ports recorded a 15 per cent growth in cargo handling to 164 million tonnes during April to July when compared with 143 million tonnes for the corresponding period last year. The ports, however, missed the target of 169 ... More

Money market instruments fail to lure diversified equity funds
Despite volatile market, funds park less than 10% on them More

‘Liquidity glut in debt markets can hit common investor’
Hyderabad, Aug. 7 The recent liquidity glut in the global debt markets, including that of India, may hit ordinary investors like pensioners , according to Prof Raghuram Rajan, Eric J. Gleacher Distinguished Service Professor of Finance, ... More

Selan Exploration hits roof
Selan Exploration Technology stock hit its all-time high at Rs 127.45 intra-day on Tuesday, but closed slightly lower with a gain of 12.67 per cent at Rs 124.5. On the BSE, 8.36 lakh shares (daily average volume in the past fortnight is 2.05 lakh ... More

IT boom: Fall in civil services aspirants from South
Hyderabad, Aug. 7 The craze for a career in civil services appears to have withstood the onslaught of information technology boom as the number of candidates taking the exam remained nearly constant in recent years. In the South, ... More

Cyclone forecast over southwest Gujarat coast
Thiruvananthapuram, Aug 7 Monday’s deep depression over interior Orissa moved west-northwestwards, weakened into a depression, and lay centred over Chhattisgarh on Tuesday morning, but created waves over the west coast some distance ... More

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