Business Daily from THE HINDU group of publications
Wednesday, November 11, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, November 11, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MONEY & BANKING RBI & OTHER CENTRAL BANKS: Managing capital inflows will be a big challenge: RBI Premature exit from expansionary policy can derail fragile growth: Shyamala Gopinath. Mumbai, Nov. 10 The Reserve Bank of India is concerned about the volatility of capital inflows and its impact on the financial stability of emerging economies ... FOREX: Western Union forecasts fall in remittances in ’09 Says it will be a short-term setback. Kolkata, Nov. 10 There might be a dip in the flow of remittances into the country during 2009 due to the global economic situation and job losses across various countries, particularly the Gulf, according to ... TECHNICAL ANALYSIS: Rupee to vacillate sideways Major upheaval was witnessed in the foreign exchange markets on Monday as dollar declined sharply against major currencies. Group of 20 nations abstaining from making any move to aid the declining dollar in its weekend meeting, coupled with ... GOVT BONDS: Bonds unchanged in lacklustre market The bond market was lacklustre with prices closing at almost the same level as the previous close. Prices fell during the day but recovered towards close, said bond dealers. As the paper announced for the auction is the 6.90 per cent, there is ... SHORT TERM INSTRUMENTS: Call rates close marginally lower Call rates closed at 3.2-3.3 per cent, marginally lower from the previous close of 3.25-3.3 per cent. In the one-day reverse repo auction under the Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 48 bids amounting ... FINANCIAL SERVICES: SBI opens maiden gram panchayat banking outpost in Orissa’s Sikri Berhampur, Nov. 10 The State Bank of India (SBI) opened up the country’s first Gram Panchayat Banking Outpost at Sikiri panchayat of Ganjam district in ... DERIVATIVES MARKETS: Impose ceiling on banks’ exposure to interest rate futures Gambling by any other name, be it “price discovery”, “improving liquidity”, “widening and deepening the market”, or “conforming to global practices” cannot shed its basic ... INTEREST RATES: Rates to remain stable till fiscal-end, says Chanda Kochhar New Delhi, Nov.10 Ms Chanda Kochhar, CEO and Managing Director, ICICI Bank, said on Tuesday that interest rates are likely to remain stable till the end of ... FOREX: Rupee ends flat against $ Mumbai, Nov. 10 The rupee was flat against the dollar on Tuesday, after giving up some of its opening gains, ... PUBLIC SECTOR BANKS: Allahabad Bank plans centralised retail boutiques Hyderabad, Nov. 10 Allahabad Bank will be setting up 26 centralised boutiques as part its focus on expanding retail portfolio, Mr J. P. Dua, Executive Director, Allahabad ... FOREX: Fretting about growth decimal points For weeks, there has been discussion about estimates of India’s GDP growth this year. The quibbling is if it’s 6 per cent, 6.5 per cent or 7 per cent ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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