The Hindu Business Line : Friday, November 02, 2007

FINANCIAL SCAN
Monetary Policy: Caught in a trap
It was no surprise. The Reserve Bank of India increased the cash to be kept by banks from 7 per cent to 7.5 per cent in its half-yearly review of Monetary Policy. This earns no interest and, therefore, indirectly pushes up their ... More

DOWN TO EARTH
An unenviable mandate
National Food Security Mission More

EAR TO THE GROUND
Tea deal talk lifts Balmer Lawrie
The recent market buzz has been that the diversified ‘mini ratna’ PSU Balmer Lawrie may soon finalise the sale of its London tea business for about Rs 100 crore and consider a 1:1 bonus to capitalise its bulging retained profits. ... More

ON THE HEDGE
Nifty future trails Nifty by 33 points
Chennai, Nov. 1 Trading activity picked up in the F&O segment on the NSE amidst volatile condition. Turnover at Rs 99,734 crore was much higher than Wednesday’s figure of Rs 71,090 crore. However, Nifty November future turned deep ... More

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