Financial Daily from THE HINDU group of publications
Friday, July 22, 2005
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Financial Daily from THE HINDU group of publications Friday, July 22, 2005 |
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MONEY & BANKING INSIGHT Financial sector reforms no help to real economy MOST liberal commentators seem to have given up on reforms. Bound by political correctness, the Prime Minister, Dr Manmohan Singh, recently told the US that economic reforms are on. The US companies operating in India in their information ... More FOREX Yuan revaluation: IT companies see no major impact SOFTWARE firms do not foresee any major impact of China's move to revalue yuan, but said they prefer to wait-and-watch before stepping up investments in that country. "We don't think this will impact in any manner," said Mr Suresh Senapaty, ... More
Yuan effect: Rupee may strengthen
Rupee rallies on yuan revaluation FINANCIAL PERFORMANCE Corpn Bank Q1 net rises 17 pc CORPORATION Bank has recorded a net profit of Rs 123.52 crore in the first quarter of the current financial year against Rs 105.51 crore in the corresponding period of the previous year, registering a growth of 17.07 per cent. According to a ... More
PNB Gilts turns around AGRICULTURAL INSTITUTIONS Sugar mills get Nabard package on debt AS part of its ongoing efforts to revitalise the sugar industry - many units of which are ailing, Nabard has come up with a package to assist commercially viable mills that have operational surplus to pay their dues, including bank dues, ... More GENERAL INSURANCE Yes Bank to sell Bajaj Allianz products YES Bank and Bajaj Allianz General Insurance today entered into a bancassurance partnership under which Yes Bank would market the general insurance products offered by Bajaj Allianz. Talking to presspersons, the Chief Executive Officer of Bajaj ... More
Liability insurance providers claim drop in premium FINANCIAL POLICY `Yuan appreciation to help Indian market' CHINA'S move to revalue its currency yuan, much below the market expectation, will have a positive impact on the Indian equity market as it will bring in more funds from FIIs and put less pressure on rising interest rates, market experts ... More RBI & OTHER CENTRAL BANKS `No prior approval required for Net banking' BANKS need not seek prior approval from the Reserve Bank of India for offering Internet banking services to customers, RBI said in a notification on Wednesday. The RBI guidelines said the respective bank board should approve the Internet ... More FOREIGN BANKS HSBC launches credit facility for SMEs HONGKONG and Shanghai Banking Corporation (HSBC) on Thursday launched an unsecured credit facility for small and medium enterprises (SMEs). Under the new loan facility - `Business Credit' - SMEs can get credit up to Rs 15 lakh without any ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Dabhol power regenerated China's revaluation Tracking the rains Sethusamudram Canal Project Indo-S'pore Economic Treaty India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 10-Jul. 16 Forex reserves fall by over $1 b `Size, risk management vital for banks in future' HSBC group to invest $50.6 m more in India Union Bank stock returns 124 pc Motor third party liabilities — PSU insurers want pvt sector to share losses Global uncertainties have increased, says RBI Governor HDFC first quarter net up 21% Price stability, prime concern for RBI BSNL takes group life cover from LIC for Rs 4,770 cr |
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