The Hindu Business Line : Friday, April 18, 2008

SAIL to hold prices
New Delhi, April 17 SAIL has decided not to increase prices for the moment. Also, faced with the possibility of a cut in excise duty, the private sector steel makers who had announced imposition of a raw material surcharge of Rs 5,000 a tonne ... More

‘Cos willing to settle currency derivative cases out of court’
Mumbai, April 17 Some corporates who filed cases against banks after they suffered losses on currency derivative deals, are willing to settle out of court, as court may take a long time to settle these cases, said Ms Chanda Kochhar, Joint ... More

India against US move to scan in-bound box shipments
New Delhi, April 17 India and 29 other Asia-Pacific countries are gearing up to oppose the proposed implementation of a US law that mandates 100 per cent scanning of all US-bound container shipments at the country of export with effect from ... More

When text-book rules fail
RBI and inflation More

Cement export ban may hit imports from Pakistan
Pak exporters may re-route despatches to West Asia More

Global wheat prices likely to ease in H2
Rabobank sees record output, planting next season More

Fertiliser stocks get ‘near normal’ monsoon boost
Stocks gain between 4 and 23 per cent More

‘CRR hike will have no major impact on bonds, rupee’
Mumbai, April 17 The rupee may slightly appreciate and bond prices could harden further by 7-10 basis points, following the hike in the Cash Reserve Ratio (CRR) by the RBI.Market participants said that since the CRR hike had been ... More

Product developers need to change strategies: Forrester
‘More investments must to meet new outsourcing challenges’ More

DoT restricts ‘certain’ Blackberry services
New Delhi, April 17 Blackberry users in the country may get disrupted services as the Department of Telecom has asked telecom operators not to provide certain features offered by Research In Motion’s (RIM) BlackBerry until monitoring ... More

CRR hike expected, margins may be hit, say bankers
Decision on lending rate hike likely after Credit Policy on April 29 More

Infosys scouting for buys in Europe, US
Focus on vertical expertise, not capacities More

SEBI allows institutions to keep securities as margin
Institutional clients can maintain their entire margin in the form of approved securities with appropriate haircuts (which means appropriately discounted to market value), said SEBI in a circular to the stock exchanges. This is in the ... More

‘Indian MFs cannot make more returns than FIIs’
More

‘Fixed deposits are already dead’
Chennai, April 17 “The Fixed Deposit as an instrument is dead. There was a time when it was very popular with retirees and those approaching superannuation. Now even if the Reserve Bank of India were to allow free access to such ... More

Indirect tax collections exceed revised estimates
New Delhi, April 17 Buoyed by high import growth and a resulting increase in customs duty collections, the Centre’s indirect tax collections have surpassed the revised estimates for 2007-08. “We have not only achieved a ... More