The Hindu Business Line : Monday, October 14, 2002

EU heading for litmus test over fiscal rules
The European Central Bank has been a cautious mover on the monetary policy. It has kept the interest rate high due to the threat of inflation from the monetary changeover. As the threat of inflation changes swiftly to deflationary threats in major ec onomies, the high interest rates would stifle the fledgling economies. More

FOREX

Rupee's strengthening trend may continue
THE strengthening trend continues for the rupee as it hit another new closing low for the financial year. Going forward, there seem to be very little triggers that may cause a change in this trend. As we move forward and into the last quarter ... More

LIFE INSURANCE

LIC gets clearances for US operations — Eyes NZ, Australia and China
LIFE Insurance Corporation of India is now looking to further expand its international operations and is exploring the possibility of setting up new bases in Australia, New Zealand and even China. Disclosing this to Business Line here, ... More

GOVT BONDS

Bond volumes support firm trend
Large trading volumes supported the firm trend in bond yields. Last week, the daily trading volume averaged about Rs 4,000 crore in the NSE's debt counter and an equivalent amount through the negotiated route evident from the SGL list of the Reserve Bank of India. More

Corporates find T-bills attractive
FACED with resistance from banks, corporates have begun parking short-term surpluses in highly liquid Government securities. Sources said that in the process, most corporates have been booking risk free returns of up to 5.7-6 per cent. The ... More

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Pick a Winner Stock Market Contest

DTPA suggestion to task force on direct taxes — `Consolidated returns can cut down dept workload'

LIC gets clearances for US operations — Eyes NZ, Australia and China

Vegetable prices tick up on Cauvery stand-off

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Oct. 6-Oct. 12
PSBs account for half the deposits in Q1

Polymer notes not now: RBI

Andhra Bank not keen on Centurion; fears erosion

Cap on health riders in life policies — IRDA makes insurers uneasy