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Sunday, November 30, 2003
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FOREX


Forex reserves jump $1.71 b, cross $95-billion mark
At this rate, the reserves will soon cross the $100-billion mark, feel currency watchers. More

LIFE INSURANCE


INSURANCE CORNER
Max New York Life's Child Money Back plan
MAX NEW York Life recently launched Stepping Stones — a child money-back plan. Premiums need to be paid over the tenure of the plan; the benefits kick in towards the plan's maturity. The tenure of the plan can ... More

PRIVATE BANKS


For making provision towards `bad' debts — Global Trust Bank may use share premium reserves
HAVING virtually exhausted its general and statutory reserves for writing-off of losses, Global Trust Bank (GTB), the ailing private sector bank, is now mulling a proposal to utilise its share premium reserves for making provisions towards `bad ... More

INTEREST RATES


SBT cuts car, home loan rates
STATE Bank of Travancore (SBT) has reduced the interest rates on car and home loans with effect from December 1. The loan for purchase of new cars will carry an interest rate of 9.50 per cent for periods up to 35 months and 10 per cent for ... More

CREDIT MARKET


Non-food credit up Rs 1,298 cr
BANK credit increased by Rs 716 crore for the fortnight ended November 14, to touch Rs 7,61,926 crore. Of this, food credit constituted Rs 35,439 crore, but declined by Rs 582 crore during the fortnight, while non-food credit increased by Rs ... More

EVENTS


Seminar on World Bank projects
PROJECTS funded by multilateral funding agencies like the World Bank present attractive business opportunities for suppliers, contractors and consultants, according to speakers at a seminar on `Business opportunities in the World Bank-funded ... More
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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
For reforms to succeed address poor nations' needs: PM


Indraprastha Gas IPO oversubscribed on first day

Gold touches Rs 6,000-mark

Cement prices rise slowly but steadily

Speeding up train travel

In Focus
Housing finance scenario
Insurance Round-up — 2003
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)
Organic farming
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
Insurance Corner
Swati CA
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Iraq Diary

Looking back
Nov. 23-Nov. 29
Steady inflows boost forex reserves by $452 m

Govt should report on use of forex reserves: Chidambaram

FIIs taking forward cover for inward remittances

ECB curbs — A clichéd approach to tackling forex riches?

Leverage the appreciating rupee

Long-term investment advisory mandates — IFCI in talks with overseas funds

Jaswant has set the cat among pigeons


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