The Hindu Business Line : Wednesday, November 29, 2006

INSIGHT
Single regulator can complement finance sector reforms
Alongside speedier implementation of the remaining phases of economic reforms, the Government must also quickly create a single regulator for the financial sector. More

FOREX
`Have more gold in forex reserves'
Tarapore wants proactive RBI policy More

Rupee tad weaker
The rupee weakened marginally on Tuesday on dollar demand from oil companies. It opened at around 44.67/69 but oil-related buying pushed down the rupee to an intra-day level of 44.75/76 before ending at 44.69, three paise lower ... More

LIFE INSURANCE
Shriram Life sees Rs 140-cr maiden income
Shriram Life Insurance, a joint venture company between Shriram Group and Sanlam Group of South Africa, is set to achieve a premium collection of Rs 140 crore by January 2007 in its first year of operations. The company, which had commenced ... More

Aviva Life plans 79 new branches
Plans entry into pension segment, network expansion More

Max New York Life eyes micro insurance
In talks for general insurance tie-up More

DEBT MARKET
Bond prices end flat
Profit-booking in the bond market kept prices from building up on the rally over the last two to three days. Yields on US treasuries saw a marginal decline from 4.55 per cent to 4.54 per cent and on cue, the domestic bond market ... More

FOREIGN BANKS
HSBC to offer new product for corporates
HSBC is launching a new cash management product, titled National Network Collections. It will help customers keep track of their receivables while helping them reduce their working capital cycle and cutting costs. Ms Natasha Patel, Head of ... More

CREDIT MARKET
`Priority' tag for loans to SHGs
Loans to self-help groups engaged in agriculture and allied activities will now be categorised as direct finance to agriculture within the priority sector, said the Reserve Bank of India on Tuesday. It is in response to banks ... More

SHORT TERM INSTRUMENTS
Call rates unchanged
Call rates stayed put between 6.1 per cent and 6.2 per cent. In the first one-day reverse repo auction under the LAF, the Reserve Bank of India received and accepted eight bids for Rs 4,365 crore. There were no repo bids. In the ... More

ALLIANCES & JOINT VENTURES
APSFC signs pact with Canara Bank
In its efforts to ensure speedy flow of credit to industrial customers, the Andhra Pradesh State Financial Corporation (APSFC) has entered into a memorandum of understanding (MoU) with Canara Bank today. Sanction of term loans up to Rs 5 ... More

PEOPLE
Friedman's unexpected legacy
He was eulogised and lionised after he died and even more so during his life. Milton Friedman had won them all - the Nobel (though Paul Samuelson beat him to it by a few years) and the John Bates Clark prize for the best young American ... More

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Cross Currency Rates
Pick a Winner Stock Market Contest

India tops in using anti-dumping probes as trade defensive tool

A reality check on retailing

`Have more gold in forex reserves'

Cos warned against hoarding carbon credit

Law on market revenues for scientists planned

Where Brazil scores over India

`Media, entertainment sector to double revenues by 2010'

Looking back
Nov. 19-Nov. 25
Insurers, mutual funds go for longs as oil prices dip

Canara Bank $250-m note issue gets fine pricing

Declined risk pool for motor cover hits roadblock

Is it end of the road for reverse repo?

6 States account for 50 pc of remittances

E-payments on the rise

75% of banks yet to budget funds for Basel II