The Hindu Business Line : Wednesday, June 11, 2008

INSIGHT
Brighter side of expensive oil
Indian inflation continues to march relentlessly upward, crossing 8 per cent for two weeks in a row. Last week’s hike in the administered prices of petroleum products could reflect in the data in the coming weeks. As it is, the ... More

TECHNICAL ANALYSIS
Rupee likely to decline in short-term
The shadow of crude oil continued to loom large over the forex markets. First, it was the hike in fuel prices in India that aided in propelling the rupee towards 43 again. Then it was the $11 spike in international crude prices last Friday, ... More

NBFCS
Oikocredit to invest $50 m in Indian arm
Hyderabad, June 10 The Netherlands-based finance institution Oikocredit will be investing $50 million in its Hyderabad-based subsidiary Maanaveeya Holdings and Investments Pvt Ltd.“India is the first country to receive a huge ... More

HOUSING FINANCE
Rating builders: Few takers for NHB plan
Chennai, June 10 National Housing Bank, in its efforts to regulate the development of housing, has mooted a system of rating for builders and grading of the property built by them—but there has been poor response for it.According ... More

LIFE INSURANCE
Life insurance cos see value buying as FIIs exit
Domestic institutions buy Rs 2,989-cr equities in June so far More

LIC targets 40 lakh rural micro-insurance policies
‘Sector needs access to tech funds on micro-credit model’ More

GENERAL INSURANCE
New India sees 12% growth
New India Assurance expects to see a growth of 10-12 per cent in gross written premium this fiscal, said Mr Bimalendu Chakrabarti, Chairman and Managing Director, New India Assurance. In 2007-08, New India Assurance had registered a 5.12 per cent ... More

FINANCIAL POLICY
Inflation: Appreciating rupee not the solution
More

RBI & OTHER CENTRAL BANKS
World Bank sees further slowdown in India’s growth
More

PUBLIC SECTOR BANKS
Bank of India to open branch in Scotland
Chennai, June 10 Bank of India will open a branch in Scotland on Wednesday, its seventh branch in the UK. The bank’s Chairman and Managing Director, Mr T. S. Narayanasami, is currently the UK to open the branch.BOI has a fairly ... More

ALLIANCES & JOINT VENTURES
PNB signs pact to fund infrastructure projects
New Delhi, June 10 Punjab National Bank (PNB) on Tuesday entered into a Memorandum of Understanding (MoU) with ILFS Cluster Development Initiative Ltd (ILFS-CDI) to help finance a variety of industrial infrastructure projects and small and ... More

SOCIETY & DEVELOPMENT
SBH donates water treatment plants
State Bank of Hyderabad (SBH) donated water treatment plants costing Rs 5 lakh in the fluoride-affected villages of Mattur and Sharbanapuram in Nalgonda district as part of community services banking. Mr Amitabha Guha, Deputy Managing Director, ... More

PEOPLE
DCB appoints SME banking head
Mangalore, June 10 Development Credit Bank (DCB) has appointed Mr K.S. Ramdas as Executive Vice-President and Head of SME Banking Group. Quoting Mr Gautam Vir, Managing Director and Chief Executive Officer of DCB, a bank release said ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Cross Currency Rates

Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
‘Medicines should be subsidised too’

Rating builders: Few takers for NHB plan

Inflation: Appreciating rupee not the solution

LIC targets 40 lakh rural micro-insurance policies

Air India may post loss of more than Rs 2,000 cr

Looking back
Jun. 1-Jun. 7
Ensure loan waiver for all eligible farmers, banks told

Yields continue northward march on inflation woes, tight liquidity

Borrowing overseas is not attractive enough for cos

S & P downgrades top US investment banks

Central govt debt rises 9.4%

RBI fully geared to fight inflation

Darkest hour before dawn?

Forex reserves down $1.56 b