The Hindu Business Line : Wednesday, April 02, 2008

INSIGHT
Securities Markets — Regulation lessons for India
Learning the right lessons from the current financial crisis in the US can work wonders for the infant securities market in India, says PRACHI MANEKAR. More

FOREX
FII inflows close to $15 b in Q4
Chennai, April 1 According to revised US estimates the sub-prime mortgage crisis was accompanied by a drop in capital outflows or re-exports from $ 465 billion in April/June 2007 to $ 174 billion in July/September 2007. Provisional data for ... More

LIFE INSURANCE
Max NY Life plans micro policies for urban market
Puri, April 1 Max New York Life is planning to tap the urban population with a range of new micro life insurance policies that it plans to launch by June. “The project is still at a nascent stage and we will file with the IRDA ... More

GENERAL INSURANCE
ICICI Lombard claims initiative
Mumbai, April 1 ICICI Lombard General Insurance has introduced ’Red Carpet’, a claims service initiative in the motor insurance segment. This initiative has been rolled out as a pilot project across the country.Any ICICI ... More

FINANCIAL MARKETS
Economy must decouple from financial markets
India’s luck on the inflation front seems to be running out. The WPI topped 6% in the latest data released last Friday. Anxiety, bordering on panic, is setting in among policymakers. Import duties have been cut and the Finance ... More

RBI & OTHER CENTRAL BANKS
Clearing ops: No job cuts
Kolkata, April 1 The Reserve Bank of India has no no plans to cut down on its present nature and volume of work governing payment and settlement system and will therefore carry on with the clearing operations as hitherto. A communication to ... More

PRIVATE BANKS
South Indian biz volume beats target
Kochi, April 1 The total business volume of South Indian Bank grew by 26.52 per cent to touch Rs 25,996 crore for the year 2007-08, according to initial estimates provided by the bank. The bank had set a business target of Rs 25,000 crore, ... More

Karnataka Bank’s business target
Mangalore, April 1 Karnataka Bank Ltd is eyeing a business turnover of Rs 35,000 crore for 2008-09, according to Mr Ananthakrishna, Chairman and Chief Executive Officer of the bank. A bank release said here on Tuesday that Mr Ananthakrishna ... More

CREDIT CARDS & DEBIT CARDS
Cards target young professionals
ICICI Bank and American Express have launched the “ICICI Bank Ascent American Express Card”. The card offers 3 to 6 reward points per Rs 100 spent on the card, depending on the purchase. ICICI Bank and American Express have ... More

FIXED DEPOSITS
Rates cut on dollar deposits
More

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Cross Currency Rates

People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
Transport by rail now dearer

Banks find it hard to get export bills rediscounted

Dr Reddy’s acquires Dow’s molecule biz

FII inflows close to $15 b in Q4

Sharp rise in temp jobs, wages; qualification scores

Companies making a beeline for solar energy plants

‘Edible oil import duty cuts, a temporary step’

That day of the year, again

Rousing wet session over N-E region

Looking back
Mar. 23-Mar. 29
SBI hopes to post 25% growth in biz in Sikkim

Insurers begin to look beyond bancassurance channels

Yields continue to tread north on inflation, global financial woes

Does debt paper look cheap for govts, central banks?

Cabinet gives nod for Indo-Japan currency swap pact

‘Vibrant corporate bond market must for growth’