The Telegraph - Calcutta : Business

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| Wednesday, April 19, 2006 |

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RBI refrains from rate hike rush

The Reserve Bank of India (RBI) today left key interest rates unchanged in a bid to keep the country’s growth engine chugging, though it sent out a strong signal that higher inflation on account of firm crude oil prices could push them up in th ... | Read..

Bankers get ready for action

Interest rates on housing loans, personal loans and credit for investment in the capital market are set to rise following th ... | Read..

Stock sop for primary dealers

Primary dealers will soon be allowed to diversify into stockbroking and venture capital initiatives. ... | Read..

Relief for rural banks

The Reserve Bank today simplified and liberalised the branch licensing policy for regional rural banks (RRBs) as these are a ... | Read..

Mahanadi Coalfields to outsource production

The cabinet committee on economic affairs (CCEA) has allowed Mahanadi Coalfields to outsource coal production in Bhubaneswar ... | Read..

All that glitters: An employee checks gold bracelets at a jewellery store in Singapore on Tuesday. Gold rose to a new 25-year high on Tuesday and silv ... | Read

Sensex rally puts TCS in big league
After yesterday?s stunning bonus announcement, software giant TCS today broke into the charmed club.. | Read..

UBI closer to flotation
The cabinet today approved the proposal to write off accumulated losses of the United Bank of India.. | Read..

Phoenix Yule in a bind

Phoenix Yule Ltd’s expansion plan in Bengal has become uncertain following the Centre’s o.. | Read..

Corporate India radiates confidence

The business confidence of India Inc has risen during the second quarter of 2006 compared with the .. | Read..

AROUND THE GLOBE

India: The new Oracle on infotech

Silicon Valley is in the danger of losing its crown as home of the technology start-up, according t.. | Read..

Philips finds core strength is not enough

Dutch Philips Electronics missed analysts’ forecasts for first-quarter net profit on Tuesday d.. | Read..

Standard Life rejects merger offer

Mutual insurer Standard Life has rejected an all-share merger proposal from an unidentified suitor,.. | Read..

Lenovo, Microsoft formalise pact

Lenovo Group Ltd and Microsoft Corp on Monday formally signed a November agreement to pre-install t.. | Read..

Goldman chief rings alarm bell

Hank Paulson, the chief executive of Goldman Sachs, has told the firm to think carefully about usin.. | Read..

Boeing plans to cut 900 US jobs

Citing defence budget cuts and delays, Boeing Co has announced it would restructure its Wichita ope.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Jubilant profit rises

Foreign Exchange

US $1 : Rs 45.18	UK £1 : Rs 80.06
Euro : Rs 55.39	Yen 100 : Rs 38.03
HK $1 : Rs 5.75	SW Fr1 : Rs 34.07
Sing $1 : Rs 27.65	Aus $1 : Rs 32.07

Bullion

Bombay
Gold Std (10gm)	Rs. 9145
Gold 22 Carat	Rs. 9100
Silver bar (1kg)	Rs. 20640
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9270
Gold 22 Carat	Rs. 8750
Silver bar (1kg)	Rs. 20200
Silver Portion	Rs. 20300