The Telegraph - Calcutta : Business

| Saturday, May 06, 2006 |

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PM pens new Asian drama

India today said it is working on free trade pacts with China, Japan, Korea and Asean and called on Asian states to enlarge this into a pan-Asian free trade area. ... | Read..

ICICI Bank home loan gets dearer

ICICI Bank has raised its home loan rates by 50 basis points for all tenors from May 8. ... | Read..

Sebi stays away from court

The Securities and Exchange Board of India (Sebi) is unlikely to move the courts ? which are all going into a month-long bre ... | Read..

Reliance Comm chases yen

The Anil Ambani-promoted Reliance Communication Ventures Limited (RCoVL) is set to tap the international market. RCoVL plans ... | Read..

Apex court admits airport petition

The Supreme Court today admitted the petition of Anil Ambani-controlled Reliance Airport Developers, challenging the Centre& ... | Read..

Prime Minister Manmohan Singh with Asian Development Bank president Haruhiko Kuroda in Hyderabad on Friday. (AFP)

United Bank warms up for maiden offer
United Bank of India (UBI) is gearing up for an initial public offering. The cabinet has allowe.. | Read..

Hyundai aims big with small
Hyundai Motor plans to introduce a compact car, which could be powered by a 1.2-litre diesel engin.. | Read..

Tata Motors, Brazilian firm in pact

Tata Motors has entered into a joint-venture agreement with Brazil-based Marcopolo to set up a .. | Read..

Hutch to double network strength

Hutchison Telecom East Ltd plans to invest Rs 500 crore in the Calcutta and Bengal circles this.. | Read..

Oil officers demand higher salaries

The Oil Sector Officers’ Association (OSOA) today threatened to go on an indefinite strike.. | Read..

Spotlight on farm reforms

The domestic farm sector needs to be opened up to ward off competition from developed countries.. | Read..

Tea buyers to skip auction

Tea buyers are divided on the decision to stay away from auctions... | Read..

Apollo Tyres profit up at Rs 78 cr

Apollo Tyres Limited (ATL) has clocked a net profit of Rs 78.17 crore for fiscal 2005-06 on a total.. | Read..

Wipro in buy mode

The consumer care and lighting division of Wipro Ltd has acquired the switches business of North-We.. | Read..

STOCK MARKET

Mutual Funds

Inflation falls to 3.54%

Foreign Exchange

US $1 : Rs 44.94	UK £1 : Rs 83.15
Euro : Rs 57.02	Yen 100 : Rs 39.44
HK $1 : Rs 5.07	SW Fr1 : Rs 36.00
Sing $1 : Rs 28.00	Aus $1 : Rs 33.85

Bullion

Bombay
Gold Std (10gm)	Rs. 9990
Gold 22 Carat	Rs. 9945
Silver bar (1kg)	Rs. 20900
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 10120
Gold 22 Carat	Rs. 9555
Silver bar (1kg)	Rs. 20550
Silver Portion	Rs. 20650