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MONEY & BANKING
FOREX
US has to let dollar fall to narrow trade gap
One way to reduce the deficit would be to let the dollar continue to weaken. The US dollar had risen from 1995 to early 2002 by around 45 per cent on a trade-weighted basis, but since than it has fallen back about 20 per cent.
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HUMAN RESOURCES
SBI `fast track' promotion under fire
STATE Bank of India's new `fast track' promotion vehicle could well be forced off the track. The SBI management's decision to tinker with the eligibility criteria after completion of the first two stages of the three-stage selection process is ...
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PRIVATE BANKS
Bank staff protest higher FDI
GOVT BONDS
Life insurers mop up high-coupon securities
BOND markets hardened during last week partly due to the rising credit offtake and year-end redemptions by some of the foreign-owned institutional investors. Traders said that the part of the upward shift in yields was induced by the signals ...
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CO-OPERATIVES
Kerala Minister's plea to Centre
Prudential depositors' meet
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