The Bombay Stock Exchange (BSE) Auto Index closed at an all-time high on Thursday, buoyed by the lowering of interest rates and expectations of good sales growth. Gaining for a sixth straight day, the barometer for automobile stocks ended at 10,744.7, up two per cent, the most among all sectoral indices.

Rate cut drives BSE Auto Index to all-time high

Business Standard

The Reserve Bank of India (RBI) today said there is no substitute for appropriate risk management by all agents especially the financial intermediaries, who face both direct and indirect risk in

No substitute to proper risk control: RBI

The Centres decision to tighten overseas borrowing norms has blocked close to $3 billion worth of proposals entailing external commercial borrowings (ECBs) and foreign currency convertible bond

Foreign borrowings worth $3bn in limbo

Although controversy over the building has not been new to residents and shopkeepers of Centre Point building in the Panchwati area of Ahmedabad, they were in for a rude shock on Friday morning, as a

Residents, shop-keepers in the centre of another storm

Competition has brought Indian banks closer to customers. Under a lower-interest rate regime, which unduly favours customers, banks are on the look-out for products which will attract the maximum

Pruning costs

There is one vexing question that all home loan seekers have to address: whether to go in for a floating-rate scheme or take shelter in a fixed-rate scheme. 


Fixed vs floating

Seventy-one per cent of credit card owners in India use their plastic money for dining out, while a 68 per cent prefer to use their cards for shopping. 


71% Indians use credit cards for dining; Amex study

A fixed bilateral exchange rate for South Asian currencies, backed by free movement of capital in the South Asian region will lead to an increase in regional trade and faster economic integration,

`Rupee area some way off'

Foreign institutional investors have pumped in over a billion dollars worth of net investment into the Indian stock market in December, taking net inflows this calendar year to well over $7 billion.

FII largesse

The introduction of real time gross settlement (RTGS) can improve the countrys rating. 


RTGS expected to improve country rating

In the last three weeks, three major banks have reduced their prime lending rates (PLR). Even though these cuts did not follow any rate reduction by the Reserve Bank of India (RBI), it is reasonable

A floor for PLR

Reserve Bank of India (RBI) governor Y V Reddys view on the Indian economy seems to be deeply rooted in the developments in the world economy. 



Dovetailing into global trendlines

The Indian Banks Association is working on a formula for a benchmark prime lending rate (PLR), on the basis of which banks can set their own rates. 



Benchmark Plr Formula Soon

At present, Indian Asset Management Companies (AMCs) who launch off-shore funds abroad have to obtain SEBIs approval for such schemes. 



Issue of Units of Mutual Funds  General Permission

Highlights of the Mid-term Review of Monetary and Credit Policy for the year 2003-04 announced by RBI Governor Dr. Y.V. Reddy on November 3, 2003.


Mid-term Review of Monetary and Credit Policy

The rupee today rose by 27 paise to 54.67 against the dollar at the Interbank Foreign Exchange market on selling of the US currency by exporters and banks.

Rupee up 25 paise at 54.67/dollar in early trade

Smart rise in stocks and weak dollar overseas cushioned the rupee's fall to some extent

Rupee washes out early gains, ends 6 paise down at 54.92

Clarity needed on  investment abroad

Warning on inflation

Financial Analysis: Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Finance News Analysis, Financial Analysis and Research | Business Standard

Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Page 346 - Finance News Analysis

Rate cut drives BSE Auto Index to all-time high

No substitute to proper risk control: RBI

Foreign borrowings worth $3bn in limbo

Residents, shop-keepers in the centre of another storm

Residents, shop-keepers in the centre of another storm

Pruning costs

Fixed vs floating

71% Indians use credit cards for dining; Amex study

`Rupee area some way off'

`Rupee area some way off'

FII largesse

RTGS expected to improve country rating

A floor for PLR

Dovetailing into global trendlines

Benchmark Plr Formula Soon

Issue of Units of Mutual Funds General Permission

Mid-term Review of Monetary and Credit Policy

Rupee up 25 paise at 54.67/dollar in early trade

Rupee washes out early gains, ends 6 paise down at 54.92

Clarity needed on investment abroad