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Wednesday, December 17, 2008
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FINANCIAL SCAN: Rate cuts, liquidity leave credit markets cold
Central banks all over the world are slashing interest rates as never before. America’s interest rate setting body, the Federal Open Market Committee (FOMC), is expected to cut further from an already historic low of 1 per cent before ...

BL CLUB: B.R. Bhat, General Manager, Corporation Bank; IBS, Mangalore
Mangalore, Dec. 16 The current global meltdown has helped India to learn some lessons, according to Mr B.R. Bhat, General Manager of Corporation ...

OFFHAND: Raters, regulators in the dock
When in the early 1990, occasional media reports of US businesses going down the drain due to mismanagement combined with fraud at the top levels began to appear, the public tended to view them as stray happenings which were more in the nature ...

DOWN TO EARTH: Time to revise the MSP formula
In March 2008, when there was a big row over inflation and increasing cost of living, the Government resorted to a knee-jerk reaction by importing edible oil, and banning both the export of non-basmati rice as well as trading in several ...

IMPRESSIONS: Nerdic: The new geek language
Wimax, Dongle, Mash-up… these may sound greek to you but it is actually ‘geek-speak’ for many in Europe. Techno-lovers have invented a new techno-language popularly known as ‘Nerdic’ or ‘geek-speak’. ...

ON THE HEDGE: RNRL sees sharp drop in open interest
Chennai, Dec. 16 Turnover remained moderate at Rs 39,172.96 crore in the F&O segment on the NSE on Tuesday. The NSE December future added 3.88 lakh shares in open interest positions, most of them were on the long side. It ended at ...





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Markets (Dec 16)
Nifty (at close)3041.75(+60.55)
US Dollar (Buy/Sell)47.81/82
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,192
Silver (a kg) Rs17,715


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