The Telegraph - Calcutta : Business

| Tuesday, August 31, 2004 |

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Price prick spoils mood

The Reserve Bank is apprehensive that the global hardening of oil prices will rub off on the country’s priceline. ... | Read..

Fingers crossed on growth rate

The Reserve Bank (RBI) feels an uncertain monsoon and persistent high and unpredictable oil prices may put a downward pressu ... | Read..

Concern over gap in lending, deposit rates

The Reserve Bank of India (RBI) has expressed concern over the widening gap between lending and deposit rates and have asked ... | Read..

Spark to ignite GM sales

The Indian unit of General Motors Corp is planning to introduce a new-look version of the mid-size Corsa model and is on sch ... | Read..

RBI hints at portfolio churn

The RBI has asked investors to brace for a re-balancing of portfolios as interest rates shift to a more neutral outlook. ... | Read..

Welcome note: Prime Minister Manmohan Singh being greeted by Union minister for small-scale industries Mahavir Prasad at the National Awards-2002 presentation function for research and development efforts in the small-scale sector in New Delhi on Monday. (PTI)

Sensex

5186.45

+69.44

Stock Indices

BSE-100	2783.33	(+38.27)
S&P CNX Nifty	1628.45	(+19.45)

Trade agreement with Thailand to reap an ‘early harvest’
If you love imported cars, caviar on toast and crabs with your nasi goreng at your favourite Thai f.. | Read..

SBI balm on home-loan rate hike
State Bank of India, the country’s largest commercial bank, today raised the price of fixed-rate ho.. | Read..

Farm sector needs to grow at 4%

Advocating a four per cent annual growth rate for the farm sector, the Reserve Bank today warned th.. | Read..

Textiles to gain from trade policy

The new foreign trade policy, to be announced by commerce minister Kamal Nath tomorrow, is expe.. | Read..

Medicine Shoppe to double retail outlets

Medicine Shoppe India, the largest retail pharmacy chain in the country and the Indian arm of t.. | Read..

ONGC goes Down Under

ONGC Videsh (OVL) today announced that it had reached an agreement with Canadian major, Anitim .. | Read..

Indiabulls to float asset management firm

Indiabulls Financial Services plans to set up an asset management company within the next coupl.. | Read..

Lodha poser on mutual wills

The Birla-Lodha spat over the MP Birla group assets is intensifying by the day with claims and .. | Read..

Rolta posts Rs 64 crore net profit

Rolta India Ltd has posted a net profit of Rs 63.84 crore on a consolidated basis for the year ende.. | Read..

Rating agency for small units from Jan

A credit rating agency, exclusively for the small-scale sector, will start functioning from January.. | Read..

National Insurance takes a hit

National Insurance Company Limited has taken a hit of Rs 152 crore for providing claims liabili.. | Read..

China unit to drive L&T global plans

Larsen and Toubro Limited today said it is planning to set up a software development centre in Chin.. | Read..

Food units to get FI support

The food processing ministry will be initiating talks with financial institutions to support a deve.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Ontrack plans BPO arm

Share Prices

Name	BSE	NSE
HLL	111.95 (+0.65)	112.00 (+0.75)
ITC	1041.01 (+15.95)	1041.00 (+16.08)
Infosys	1575.35 (+11.02)	1577.45 (+12.15)
Reliance	467.01 (+9.01)	467.02 (+9.00)
Wipro	579.95 (+11.55)	580.15 (+11.65)
Zee	154.05 (+2.75)	154.75 (+3.35)

Foreign Exchange

US $1 : Rs 46.37	UK £1 : Rs 83.06
Euro : Rs 55.88	Yen 100 : Rs 42.16
HK $1 : Rs 5.09	SW Fr1 : Rs 35.06
Sing $1 : Rs 26.55	Aus $1 : Rs 32.00

Bullion

Calcutta
Gold Std (10gm)	Rs. 6295
Gold 22 Carat	Rs. 5945
Silver bar (1kg)	Rs. 10600
Silver Portion	Rs. 10700