The Hindu Business Line : Wednesday, January 30, 2008

Adopting a vigilant stance
The RBI has left the reverse repo, repo and cash reserve ratio (CRR) rates unchanged at 6 per cent, 7.75 per cent and 7.5 per cent respectively as most economists expected, although the markets had priced in an interest rate cut in the wake of ... More

A sedate statement
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Staying on course
In its third quarter review of the monetary policy, the RBI has kept the Bank rate, reverse repo, repo and CRR unchanged, belying expectations of a 25 bp cut in repo rate in line with the recent rate cuts by the US Fed and other central banks. ... More

On different path
The Reserve Bank of India, appropriately, did not take the path treaded by the US Central Bank, the Federal Reserve. Like the Fed, the RBI did not succumb to meet the market expectations on a rate cut. The monetary policies of India and the US ... More

Conditions justify the ‘no-change’ stance
RBI’S Quarterly Review of Monetary Policy More

Nuanced change
The Reserve Bank of India has kept benchmark rates unchanged at 6 per cent for reverse repo and 7.75 per cent for the repo. Market views were deeply divided with about half expecting a repo rate cut. The RBI has explicitly recognised risks ... More

EXCISE AND CUSTOMS
Corporates seek special immigration, customs at airports
Indian industry may be ready to do business with the world, but sections in corporate India are clear that the privilege being sought of separate customs and immigration facility for corporates when arriving on their private jets be an ... More

FOREIGN TRADE
Kolkata chambers, Colombia trade pact
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PETROLEUM
NELP VII: Over 60 cos take part in US roadshow
13 book data viewing in London; facilities available till March-end More

CREDIT POLICY
Final package on long term co-op credit structure by mid-March
The Finance Minister, Mr P. Chidambaram, said on Tuesday that the final package on the revival of long-term co-operative credit structure (LTCCS) would be sent to the States by March 15 for their acceptance.“There is consensus on ... More

RADIO/TV
Al Jazeera awaits Centre’s nod for roll-out in India
The Qatar-based international media network Al Jazeera is hopeful of launching its English language news-cum-documentary channel in India by March this year. An application for a licence to launch the channel has already been filed last year, ... More

EDUCATION
ISB plans centre of excellence for leadership, innovation
New Delhi, Jan. 29 The Indian School of Business, Hyderabad, will soon set up its fifth Centre of Excellence even as it is mulling to set up a new campus.The B-school, which has been ranked number twenty in the global B-School ranking ... More

GEMS & JEWELLERY
Traders expect gold prices to continue rising
Hyderabad, Jan. 29 Gold continues to hit new highs. On Tuesday, the price of standard gold was Rs 11,895 per 10 gram in the Mumbai bullion market, adversely impacting sales in the commodity in the local market.Traders expect that it ... More

REAL ESTATE & CONSTRUCTION
Mint Homes to unveil housing project
Mint Homes, a part of the Rs 300 crore US-based realty development and construction group, is launching its first housing project ‘The Retreat’ here on February 1.The Rs 100-crore project is coming up in 2.785 acres at ... More

Sobha Developers' villa project
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INDUSTRY ASSOCIATIONS
Monetary policy: India Inc’s concern
New Delhi, Jan. 29 India Inc on Tuesday expressed reservations over the Reserve Bank of India’s decision to keep Bank Rate, reverse repo rate, the repo rate and the cash reserve ratio unchanged as part of its third quarter review of the ... More

SCIENCE & TECHNOLOGY
Kerala plans to set up more science institutions
Thiruvananthapuram, Jan. 29 The State Government intends to start more science institutions to facilitate the industrial development of the State, said the Kerala Chief Minister, Mr V.S. Achuthanandan.Inaugurating the 20th Kerala ... More

EVENTS
Industrial fair Intec 2008 to open on Feb 1
The 10th edition of the industrial trade fair Intec 2008, which opens here from February 1 to 6, stands to attract higher number of international exhibitors on products and services.The Coimbatore District Small Industries Association ... More

INCOME TAX
SBI help desk on IT refund
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