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Tuesday, December 23, 2008
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WEB EXTRAS

FINANCIAL POLICY: Insurance reforms gain pace; FDI cap to be hiked to 49%
Bill introduced in Rajya Sabha amid stiff protests from Left parties. New Delhi, Dec. 22 In the last leg of its term, the UPA Government has come up with a big-bang approach to insurance sector reforms by introducing two Bills in ...

OUTLOOK: Starting NSE futures trading early ‘not feasible’
Commuting, cost escalation major problems: Members. Mumbai, Dec. 22 The proposed increase in trading hours of the Nifty futures on the NSE does not seem to have gone well with a section of ...

FOREX: ‘Rupee could touch 47 to a dollar by March’
Monetary easing will take more time to stimulate demand. Thiruvananthapuram, Dec. 22 The rupee is more likely to appreciate over the medium run and could touch 47 to a dollar by March 2009, according to Dr Dharmakirti Joshi, Director and ...

COMMODITY MARKETS: Cocoa prices gain on demand, short supply
Kochi, Dec. 22 Higher demand, of late, has kept cocoa bean prices in the country at higher ...

LIFE INSURANCE: SBI Life to post lower growth in new biz
SBI Life's new business is to post a lower growth in the current fiscal vis-…-vis 2007-08, according to its Managing Director and CEO, Mr U.S. ...

REGULATORY BODIES & RULINGS: Fake currency: House panel asks RBI to beef up monitoring systems
New Delhi, Dec. 22 A House Panel Committee on counterfeit currency notes in circulation in the country has said that what has been detected so far is only the tip of the iceberg as organised criminal activity of Fake Indian Currency Notes ...

INFRASTRUCTURE: CII favours infrastructure stimulus fund
New Delhi, Dec. 22 The Confederation of Indian Industry has suggested the creation of a national Infrastructure Stimulus fund with an initial corpus of Rs 1,00,000 crore. The Chamber feels that at least Rs 75,000 crore of the initial ...





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Markets (Dec 22)
Nifty (at close)3039.30(-38.20)
US Dollar (Buy/Sell)47.91/93
Brent crude (a bbl) Rs1,963
Gold (a gram) Rs1,191
Silver (a kg) Rs18,400


In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
SEBs wheel in cheap power through smart overdrawals


Pawar hints at relaxing raw sugar import norms

GAIL agrees to supply additional gas to RIL

Rate cuts: Cheaper loans, but margin pressures for banks

‘Rupee could touch 47 to a dollar by March’

Looking back
Dec. 14-Dec. 20
State finances to suffer further strains: Crisil

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