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Articles 21 through 120 of 500:
- Rbi’S Worry On Inflation Continues (Business Line, Abheek Barua, Oct 31, 2007)
The RBI’s action suggests that it will continue to intervene aggressively in the foreign exchange market to check overvaluation.
- Preserving Status Quo (Business Line, S. Mahalingam, Oct 31, 2007)
Traditionally, the IT and ITeS sectors have not been watching the Credit Policy reviews keenly as its impact on them is not very significant. But, of late, just as the IT players have become alive to the Fed Rate Meet to understand the. . .
- Rbi Policy Pushes Sensex Down (Business Line, Correspondent or Reporter, Oct 31, 2007)
Negative effect
Auto and banking sector stocks slip
FIIs, domestic institutions were net sellers on Tuesday.
- Capital Inflow Worries Rbi (Asian Age, Correspondent or Reporter, Oct 31, 2007)
The Reserve Bank of India said that the key future challenge for the monetary policy is "liquidity management" and the "rapid escalation in asset prices, particularly equity and real estate."
- No Signal To Raise Interest Rates’ (Business Line, Correspondent or Reporter, Oct 31, 2007)
The Finance Minister, Mr P Chidambaram, has said that the Reserve Bank of India’s move to raise the requirement for banks to keep cash with the central bank was intended to mop up excess liquidity from the system.
- A Ready Sponge (Business Line, Editorial, Business Line, Oct 31, 2007)
The Reserve Bank of India’s mid-term review of the economy and monetary policy for the first half of 2007-08 reassures the nation that the economy is steaming ahead and that, barring a few glitches — such as rising domestic food prices . . . . .
- Mid-Term Review Of Monetary Policy 2007-08: Exceptional Response (Business Line, S. Venkitaramanan , Oct 31, 2007)
After the Reserve Bank of India Governor, Dr Y.V. Reddy, made his third quarter monetary policy announcement, a commentator on a TV channel remarked that 10 years ago, the then Governor, Dr Bimal Jalan, had declared that credit policy statements . . . .
- The Lull Before The Storm? (Business Line, A. Seshan, Oct 31, 2007)
The banking system may have no difficulty in absorbing the rise in CRR as it has excess reserves.
- Rbi Raises Cash Reserve Ratio In Liquidity Mop-Up (Business Line, Correspondent or Reporter, Oct 31, 2007)
Policy addresses ‘only part of liquidity overhang’; capital inflows still a challenge
- Let The Rupee Go (Indian Express, Bibek Debroy, Oct 31, 2007)
Market capitalisation is not the best indicator. Nor may Reliance Petroleum equity have been counted properly.
- Rbi Throws Cold Water On Bankers' Crr Hopes (Deccan Herald, Correspondent or Reporter, Oct 31, 2007)
The Reserve Bank of India (RBI), on Tuesday, raised banks' reserve requirements to absorb inflation-fuelling excess cash stemming from capital inflows.
- Liquidity Concerns Dominate Review (The Economic Times, Editorial, Economic Times, Oct 31, 2007)
The RBI’s mid-term review of its annual policy statement for 2007-08 reflects the bank’s overwhelming pre-occupation with liquidity, more precisely with excess liquidity.
- Stem The Forex Flows (Business Line, A N Sudarsan Rao , Oct 31, 2007)
Much has been said about the inevitability of death and taxes. Now the financial crisis appears to have gone out of the realm of probability to inevitability.
- Banks Have To Rejig Rates (Business Line, Editorial, Business Line, Oct 31, 2007)
The most significant announcement by the RBI Governor, Dr Y. V. Reddy, is the hiking of CRR by 50 basis points.
- Inflation Still The Key Concern (Business Line, Editorial, Business Line, Oct 31, 2007)
In a somewhat unexpected move, the RBI has increased the CRR by 50 basis points to 7.50 per cent. The reverse-repo and repo rates have, however, been kept unchanged at 6 per cent and 7.75 per cent respectively.
- Maintaining Stability (Business Line, Editorial, Business Line, Oct 31, 2007)
The RBI continues to re-emphasise its policy preference for maintaining price stability and well-anchored inflationary expectations.
- On Expected Lines (Business Line, A N Sudarsan Rao , Oct 31, 2007)
The stance of the RBI’s Monetary Policy appears to be moderate to hawkish.
- Regulating Capital Inflows (Hindu, Correspondent or Reporter, Oct 30, 2007)
It might be early days yet to assess the full impact of the Securities and Exchange Board of India’s decision to bar participatory notes based on derivates and limit the PNs in the spot market.
- Sensex Touches 20000-Mark (Hindu, Correspondent or Reporter, Oct 30, 2007)
The Sensex touched the psychological barrier of 20000-mark on Monday and closed just below that mark at 19977.67, a gain of 734.50 points or up by 3.82 per cent.
- Raise And Fall Of The Index: Some Blunders (Deccan Herald, Editorial, Dawn, Oct 30, 2007)
The RBI governor has hit India's first industrial boom in 13 years on the head with a club, wtrites Prem Shankar Jha.
- This Fuss About Credit Policy (Indian Express, Correspondent or Reporter, Oct 30, 2007)
The monetary policy announcement for the coming quarter will take place amid great confusion about what the RBI is trying to achieve.
- Bulls Play Twenty-20 (Pioneer, Correspondent or Reporter, Oct 30, 2007)
Again incredible feat by bulls on Monday! They took only six sessions to help Sensex cross record 20,000 point mark in intra-day trade on Monday considering the fact that the same had plunged to a low of 17,171.45 on October 22.
- Rbi To Choose Between Growth And Liquidity Control: Experts (Pioneer, Correspondent or Reporter, Oct 30, 2007)
Rising inflow of funds into the surging capital markets and the resultant rupee appreciation and inflationary pressures have put RBI into a difficult position of choosing between economic growth or managing liquidity, experts said.
- Balle Balle: Bulls Take Sensex To 20k, Make Mukesh Ambani Richest (Tribune, Correspondent or Reporter, Oct 30, 2007)
Sensex breached the 20,000 mark today amidst expectations that the Reserve Bank of India (RBI) will ease interest rates thereby injecting more liquidity into the economy.
- Rbi & Fed: Crr Hike, 25 Bps Cut In Prospect (Business Line, Correspondent or Reporter, Oct 30, 2007)
The stock market continues to hog the headlines. After dropping a couple of thousand points in the aftermath of the Securities and Exchange Board of India’s moves on participatory notes, the market roared back to beat its old highs and . . . . .
- Share Market Fluctuations (Tribune, Arun Kumar, Oct 29, 2007)
The share market has been giving the investors the jitters. Few know which way it would go next.
- Knowing Well (Telegraph, Editorial, The Telegraph, Oct 29, 2007)
The Securities and Exchange Board of India has taken the first steps towards phasing out participatory notes.
- Fii Flows, Rbi Stance May Chart Market Movement: Analysts (Pioneer, Correspondent or Reporter, Oct 29, 2007)
Reserve Bank of India's monetary policy review this week is expected to influence the stock markets in the days ahead and investors are likely to remain in an upbeat mood, analysts said.
- Should There Be A Ban On Automatic Fdi In Real Estate In India? (Pioneer, Correspondent or Reporter, Oct 29, 2007)
At present up to 100 per cent FDI is allowed in realty projects on automatic route subject to certain conditions.
- Paulson Urges India To Resolve Differences Over N-Deal (The Economic Times, Correspondent or Reporter, Oct 29, 2007)
US treasury secretary Henry Paulson on Sunday urged India to proceed with the civilian nuclear deal as soon as possible, but acknowledged that domestic political controversy over the deal must be resolved first.
- Inflation: The Real Measure (Business Line, Editorial, Business Line, Oct 29, 2007)
With the Credit Policy barely a few days away, the Reserve Bank of India will feel a certain sense of satisfaction that its monetary policy in the recent past has paid off in the form of a drop in the inflation rate from . . . .
- Rbi Asks Banks To Scrap Special Deposit Schemes (Indian Express, Correspondent or Reporter, Oct 27, 2007)
The Reserve Bank has pulled up banks for trying to procure funds under special deposit schemes which forfeit interest on premature withdrawal and asked them to discontinue all such schemes immediately.
- Still Reigns Despite The Fall (Hindu, Editorial, The Hindu, Oct 26, 2007)
The US dollar’s persistent weakness in relation to other major currencies has been in the spotlight recently.
- Let Sensex Soar Higher (Pioneer, Editorial, The Pioneer, Oct 25, 2007)
In American writer JW De Forest's long ago novel, Honest John Vane, written in 1875 and first serialised in The Atlantic, Darius Dorman, a broker, advises Honest John, erstwhile ice-box manufacturer-turned-Republican Congressman:
- Grain Of Truth (Telegraph, ABHIRUP SARKAR, Oct 25, 2007)
Ration shops are burning all over West Bengal. They are being attacked, looted and put on fire by groups of angry, disgruntled citizens, who seem to have decided that they have had enough.
- Rbi Working On Guidelines For Rupee Futures (Pioneer, Correspondent or Reporter, Oct 25, 2007)
The Reserve Bank is working on the regulatory guidelines for futures trading in currency but no time-frame has been fixed for its implementation.
- All You Wanted To Know About Pns (Business Line, Editorial, Business Line, Oct 25, 2007)
Now that PNs with underlying derivatives have to be withdrawn in 18 months, it is likely that there may be some choppy sessions ahead but the volatility should pan out very soon.
- Industrial Upturn (Frontline, C.P. CHANDRASEKHAR, Oct 25, 2007)
While there are important differences between the mid-1990s industrial mini-boom and the boom that is under way, the danger of a downturn still lurks.
- Bungee Jumping: Sensex Up 879 Pts (Times of India, Correspondent or Reporter, Oct 24, 2007)
Last Wednesday, after discussions with the Reserve Bank of India, the finance ministry and market regulator Sebi announced their intentions to tighten the lid on foreign investments in the stock markets.
- Sensex Yo-Yo, Up Again (Asian Age, A N Sudarsan Rao , Oct 24, 2007)
Hectic short covering by operators and the rollover in the futures and options (F&O) sector following the comforting message sent out to foreign institutional investors (FIIs) by Securities and Exchange Board of India chairman M. Damodaran on. . .
- Right Move On Pns (Business Line, Anil Singhvi, Oct 24, 2007)
As we become a destination for global investors, we need to check not only the quantum of capital inflows but their quality as well. Any outside infusion of capital into an economy could create a bubble if not used constructively.
- Us Treasury Secretary To Visit India (The Economic Times, Correspondent or Reporter, Oct 24, 2007)
The US Treasury Secretary Henry M Paulson Jr will be visiting India this week where he would meet senior government officials including Finance Minister P Chidambaram and business leaders.
- Why Participatory Notes Are Dangerous (Business Line, R. Vaidyanathan, Oct 24, 2007)
Participatory Notes (PN) — a general name used for the investment by Foreign Institutional Investors (FIIs) through Offshore Derivative Instruments (ODIs) such as Participatory Notes, Equity-Linked Notes, Capped Return Notes and Participating. . .
- Muddling Through In The Maelstrom (The Economic Times, Editorial, Economic Times, Oct 23, 2007)
Like a kayaker caught in the midst of swirling currents, the RBI has been struggling to stay afloat and not get swept away by the surging tide of capital inflows. And the waters are treacherous, with sharks of all stripes lurking and hungry for blood.
- Dangers Of A One-Way Bet (Indian Express, ILA PATNAIK, Oct 23, 2007)
The RBI has been buying large amounts of dollars in the foreign exchange market in order to prevent rupee appreciation.
- Muddling Through In The Maelstrom (The Economic Times, Correspondent or Reporter, Oct 22, 2007)
Like a kayaker caught in the midst of swirling currents, the RBI has been struggling to stay afloat and not get swept away by the surging tide of capital inflows.
- What Makes The Rupee Rise (Pioneer, Parthasarathi Ganguly, Oct 22, 2007)
Over the last month, traders of commodities futures in India have been facing a market that has been quite disconnected from the movements in overseas markets.
- Rbi Sets Up A Panel In City (Deccan Herald, Correspondent or Reporter, Oct 19, 2007)
The Reserve Bank of India (RBI), on Thursday, announced that it has set up a Committee on Customer Services to look into customer services provided by RBI directly or through banks and institutions with a view to maximise satisfaction to . . . .
- Knowing The Investor (Hindu, Correspondent or Reporter, Oct 18, 2007)
A discussion paper issued by the Securities and Exchange Board of India on Tuesday on offshore derivative instruments (ODIs) will have far reaching implications for the flow of foreign money into Indian stocks.
- Dalal Street Bounces Back After Slide (Indian Express, Correspondent or Reporter, Oct 18, 2007)
Rampaging bulls were stopped in their tracks by regulator Securities and Exchange Board of India’s proposal to clamp down on the opaque participatory note route used by foreign investors to invest in Indian stocks.
- Sensex Tumbles, Recovers (Hindu, Ashok Dasgupta , Oct 18, 2007)
In a day of high-voltage punting drama, the Bombay Stock Exchange’s Sensex on Wednesday tanked by an unprecedented 1,744 points within minutes of opening trade only to recover just as fast after an hour-long suspension.
- Bloodbath On Dalal St. (Tribune, Shiv Kumar, Oct 18, 2007)
The Sensex staged a dramatic recovery from a 1700-point deep fall in the opening hours after Finance Minister P Chidambaram quickly moved in to calm the fears of investors following a shocker by the Security Exchange Board of India that it . . . . .
- India Plans To Impose Restrictions On Foreign Investors (International Herald Tribune, Correspondent or Reporter, Oct 18, 2007)
Some foreign investors may desert India's red-hot stock markets after regulators unveiled a plan to ban anonymous investment and curb derivatives issues - a proposal that triggered a plunge of almost 10 percent in the benchmark stock index . . .. .
- ‘India Observatory’ Launched At Lse (Hindu, Correspondent or Reporter, Oct 17, 2007)
To foster India-related research and knowledge exchange, an ‘India Observatory’ has been launched at the London School of Economics (LSE) here.
- Sebi Suggests Curbs On 'Copious’ Fii Fund Flows (Indian Express, Correspondent or Reporter, Oct 17, 2007)
Market regulator Securities and Exchange Board of India (Sebi) has finally decided to check the “copious” flow of foreign funds into the stock markets and the runaway rise in the Sensex.
- Rbi Sanguine About Economic Momentum (Pioneer, Correspondent or Reporter, Oct 17, 2007)
India's central bank sees reasons to be confident of maintaining the present growth momentum with stability, RBI Governor Yaga Venugopal Reddy said in a speech in London on Monday.
- Sebi Seeks Comments On Curbing Fii (Tribune, Correspondent or Reporter, Oct 17, 2007)
In the midst of rampaging bull run in the stock markets, market regulator SEBI today proposed to curb foreign institutional investors (FII) from issuing offshore derivative instruments for which it has sought public comments over the next four days.
- Foreign Exchange Conundrum (The Economic Times, M K VENU, Oct 17, 2007)
Last week finance minister P Chidambaram clearly spelt out, for the first time, that the rupee's exchange rate was not in a comfort zone.
- Sebi Plans Curbs On Fii Participatory Notes (Business Line, Correspondent or Reporter, Oct 17, 2007)
Bid to stem unbridled inflows into the stock market
- Sebi Plans To Curb Pns (Times of India, Correspondent or Reporter, Oct 17, 2007)
Sebi on Tuesday proposed a slew of measures, on urgent basis, to rein in the growing use of offshore derivatives instruments (ODIs, popularly participatory notes or P-Notes) by FIIs.
- Rbi Should Have Mixed Strategy (Deccan Herald, Correspondent or Reporter, Oct 17, 2007)
The Reserve Bank of India (RBI) should rely on a blend of monetary measures like increase in cash reserve ratio and introduction of ‘Unremunerated reserve requirement’ on capital inflows to immobilise the excess liquidity in the system. . .
- Fine-Tuning Policy On Invisibles (Hindu, Editorial, The Hindu, Oct 16, 2007)
Although it was always known that inward remittances have helped in bridging the current account deficit, the extent of their contribution has often been understated.
- Your Slip Is Showing (The Economic Times, Correspondent or Reporter, Oct 16, 2007)
Central banks are expected to be like Caesar's wife, completely without blemish. By and large the Reserve Bank of India too fits into that mould.
- 19k With $600m Fii Funds (Asian Age, Correspondent or Reporter, Oct 16, 2007)
Foreign institutional investors took the Sensex soaring to 19,000 on Monday, making the 1,000-point journey from 18,000 to 19,000 in just four trading sessions.
- Governance Reforms India's Top Priority For Next 20 Years: Kamal Nath (Hindustan Times, Correspondent or Reporter, Oct 16, 2007)
Exuding optimism on a day when the Sensex hit a record 19,000 points back home, Commerce and Industry Minister Kamal Nath told a gathering of top British economists that the next two decades in India will be marked primarily by "reforms in governance."
- Cheaper Credit (Business Line, Editorial, Business Line, Oct 15, 2007)
If the Finance Ministry wants interest rates to soften, as they should, it should address the RBI, not the banks.
- Let Sensex Play Itself Out! (Business Line, B. S. Raghavan , Oct 15, 2007)
It is best that watchdogs of a country’s economic performance, especially, the custodians of public finance, refrain from making off-the-cuff comments on the complex happenings in bourses in motley gatherings where it is difficult to . . . . . . .
- Mining And Electricity Join The Party (The Economic Times, Editorial, Economic Times, Oct 13, 2007)
The IIP figures for August will add to the euphoria surrounding the India story. Industrial production grew 10.7% in August, a sharp rebound after a dip to 7.5% in July. The markets are likely to take this as confirmation that the fundamentals are sound.
- Against The Grain (Singapore Times, Correspondent or Reporter, Oct 13, 2007)
Economic development has resulted in loss of agricultural land to residential and industrial projects. It is clear that government will have to resort to large-scale import of wheat — which could snowball into a problem that could threaten . . . .
- Unseasonal Thoughts (Telegraph, Editorial, The Telegraph, Oct 12, 2007)
Run-of-the-mill Indian investors, mostly from middle-class households, have of late learnt to recognize the colour of money. They cannot quite believe their fortune.
- Creating Viable Export Strategies (The Economic Times, Editorial, Economic Times, Oct 12, 2007)
The annual supplement to the foreign trade policy (FTP) (2004-09) has set new heights for India’s exports to ensure that merchandised export reaches a level of $160 billion by 2007-08 and $200 billion by 2008-09.
- Rbi Needs To Strengthen Contingency Reserves (Business Line, M. Y. Khan, Oct 11, 2007)
As a consequence of globalisation and integration of domestic financial markets with the foreign markets it is of great importance to have a strong contingency reserve position to meet several market risks emerging from domestic and international. . .
- Interest Rate Dilemmas (Hindu, Editorial, The Hindu, Oct 11, 2007)
The suggestion Finance Minister P. Chidambaram made recently at a joint meeting of bankers and top automobile industrialists — that the banks find ways of raising funds at less cost and, consequentially, lower the interest rates —will have a far . . . .
- Sensex Gains 378 Points On Fii Inflow (Hindu, Oommen A. Ninan , Oct 11, 2007)
Retail investors wait for more firmer indications
- Growth Wishes (Business Line, Editorial, Business Line, Oct 10, 2007)
Nine per cent growth could have been attainable had the government paid attention early to the hurdles that are glossed over.
- Farm Credit: Myth And Reality (Business Line, Editorial, Business Line, Oct 10, 2007)
The annual growth rate of the farm sector has shown a steady decline. It’s not enough to set targets for credit disbursements. To support the desired GDP growth level of 8-9 per cent, the agri sector needs a more focussed approach.
- Rbi Says No To Sovereign Fund (Deccan Herald, Correspondent or Reporter, Oct 09, 2007)
Reserve Bank of India (RBI) Governor, Yaga Venugopal Reddy, on Monday, said time is not right to establish a stabilisation fund as well as sovereign wealth fund (SWF) in India as the country at present is vulnerable to various international shocks.
- No Case For Lowering Rates Now (The Economic Times, Editorial, Economic Times, Oct 09, 2007)
The finance minister’s call to banks to lower interest rates raises two issues. One, whether there is a case for lower rates and two, whether the FM should advice banks to lower interest rates.
- Reddy Not Keen On Stabilisation Funds (Singapore Times, Correspondent or Reporter, Oct 09, 2007)
The Reserve Bank of India is not in favour of setting up sovereign wealth funds (SWFs) or stabilisation funds in India even though China recently announced the establishment of such a fund.
- Bank Automation: Towards Paperless Transactions (Business Line, Editorial, Business Line, Oct 09, 2007)
Today, money has evolved beyond physical form, and can be measured by electronic pulses.
- Rbi's Monetary Review By Month End (Deccan Herald, Correspondent or Reporter, Oct 08, 2007)
Ahead of the Reserve Bank's mid-term review of monetary policy this month-end, apex industry chambers CII and FICCI have sought reduction in interest rates to sustain economic growth.
- Indian Economy: Tunnel Vision (Deccan Herald, Prem Shankar Jha, Oct 08, 2007)
Our economists have often turned a blind eye towards the growth of employment in the unorganised sector.
- Bankers Expect New Tool From Rbi To Suck Out Liquidity (Pioneer, Correspondent or Reporter, Oct 08, 2007)
With foreign exchange reserves rising by a whopping $11.9 billion during the week ended September 28, bankers feel RBI should think out of a way to tackle excess liquidity flows instead of another hike in the cash reserve ratio (CRR) or the . . . .
- Reserve Ritual (Telegraph, Correspondent or Reporter, Oct 08, 2007)
Foreign money is rushing into the Indian stock exchanges. Whenever that happens, the Reserve Bank of India panics, and imposes more restrictions on capital inflows.
- Dealing With Plenty (Business Line, Editorial, Business Line, Oct 06, 2007)
From a lofty position of decisive inaction the Reserve Bank of India over the week engaged in some reluctant intervention in the foreign exchange market to mop up some of the capital inflows to prevent a further . . . .
- Between Stools (Business Standard, T N Ninan, Oct 06, 2007)
Barely two weeks ago, you would have had to be offered massive odds in your favour before taking a punt that $4.5 billion of international capital would flow into India’s stock market by the first week of October.
- Hike In Mss Bonds Won’T End Re Rise (The Economic Times, Editorial, Economic Times, Oct 06, 2007)
As predicted in these columns, the rupee is continuing its upward march — Thursday saw it climb to a new nine-year high of Rs 39.36 to the dollar before finally closing at Rs 39.49.
- Doha Bank Hopeful Of Getting Licence (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
Doha Bank hopes to get a banking licence to operate in India, after a wait of three years, as it believes RBI would be more open to give one after ICICI Bank’s recent entry into Qatar, its top executive said.
- Rbi Asks Banks Not To Sell Npas Cheap (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
The Reserve Bank of India (RBI) has asked banks not to dispose of their bad loans at rates lower than their net present value.
- Sbi, Icici Bank To Start Business In Singapore (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
Singapore has agreed to allow State Bank of India and ICICI Bank to launch full banking operations in the South-East Asian countries, under the Comprehensive Economic Cooperation Agreement (CECA) with India.
- To Help Rbi Rein In Re, Govt Ups Mss Ceiling (Indian Express, Correspondent or Reporter, Oct 05, 2007)
The government has increased the ceiling on sale of securities to Rs 2,00,000 crore to absorb the excess liquidity generated by the Reserve Bank of India’s (RBI) intervention in the foreign exchange market to check the rupee’s rise against the dollar.
- Rbi Tightens The Norms For Sale Of Banks' Npas (Deccan Herald, Correspondent or Reporter, Oct 05, 2007)
The banking regulator said each banks' boards are required to lay down policies and guidelines covering among other things, valuation procedure to be followed to ensure that the economic value of financial assets is reasonably estimated, based. . .
- Rbi Proposes Lock-In, Caps On Foreign Pes (Business Standard, Anindita Dey, Oct 05, 2007)
The Reserve Bank of India (RBI) has proposed a range of measures including sectoral ceilings and lock-in for investments by foreign private equity (PE) funds.
- Bond Issuance Under Mss Up To Rs 200,000 Cr (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
The relentless surge in capital inflows over the past few weeks has prompted the government and RBI to lean on one of the few policy options left — issuing bonds to mop up these flows.
- Excess Liquidity: Rbi’S Daily Mop-Up Crosses Rs 50,000 Cr (Business Line, Correspondent or Reporter, Oct 05, 2007)
Excess liquidity in the economy prompted the Reserve Bank of India to intervene vigorously in the money market through ‘reverse repo’ (in which the RBI sells liquid money market instruments with the promise of buying it back the . . . .
- Sensex Nears 18k, Up 518 Points (Pioneer, Correspondent or Reporter, Oct 04, 2007)
Bulls on the Dalal Street seem to be in a hurry to conquer 18,000 point mark as fast as possible thinking there will be no tomorrow for them, and so claim the same only on today and one should not be surprised if they claim the same . . . . . .
- Sensex Nudges 18,000; Fm Advises Caution But Hails Fiis (Indian Express, Correspondent or Reporter, Oct 04, 2007)
With foreign investors raining dollars in Indian market, bulls are on a mad scramble taking the superfast Sensex just 47 points away from the 18,000 level in highly volatile trading on Wednesday.
- Sensex Loses 52 Pts In Volatile Early Trade (The Financial Express, Correspondent or Reporter, Oct 04, 2007)
The stock market continued to witness high volatility and moved wildly in a 180-point range during morning trade amid weakness in Asian bourses as well as word of caution from the Finance Minister.
- Real Estate Developers Looking At Newer Financing Options (Business Line, D. Murali , Oct 04, 2007)
Big residential townships, SEZs (special economic zones) and mega retail malls are prominent among the recent trends in the real estate landscape. To cope with these mega developments, the developers are looking at various options of financing . . . . .
- Icici Bank, Sbi To Start Singapore Biz (Times of India, Correspondent or Reporter, Oct 03, 2007)
Singapore has agreed to allow State Bank of India and ICICI Bank to launch full banking operations in the South-East Asian countries, under the Comprehensive Economic Cooperation Agreement (CECA) with India.
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