The Telegraph - Calcutta : Business

| Tuesday, July 25, 2006 |

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RBI zoom captures bloom & gloom

The Reserve Bank (RBI) today tossed a sweet and sour salad of prospects for the Indian economy: the good news is that the engine of growth is chugging along quite well with the central bank pretty confident that the growth momentum will be maintaine ... | Read..

Reality check on optimism

Business confidence in the country is riding at a new high. That’s what the Reserve Bank says. ... | Read..

Two faces of foreign funds

Fund flows from abroad have shown a mixed trend this fiscal with foreign direct investment on the up and foreign institution ... | Read..

Tax returns at post offices

You can file your income-tax returns at some 2,000 post offices throughout the country from Wednesday. ... | Read..

Govt focus on PSU idle cash

The government is concerned over the tendency of public sector units to keep a large portion of their reserves in idle finan ... | Read..

RBI zoom captures bloom & gloom

US drives last nail in trade coffin
World trade talks collapsed in Geneva today with the US refusing to budge on the issue of slashing .. | Read..

Seat for Microsoft in TCS?s China venture
TCS, the country?s largest software company, today signed a joint venture agreement with the Chines.. | Read..

State Bank awaits nod for rights issue

The State Bank of India (SBI) has sought the finance ministry’s approval to float a rights iss.. | Read..

Spentex buys Uzbek spinning company

Spentex Industries has acquired Tashkent-To'yetpa Tekftil Limited, a state-owned spinning comp.. | Read..

Dena Bank to raise funds

Dena Bank is planning to raise close to Rs 425 crore through innovative perpetual (tier I) and uppe.. | Read..

United Bank to seek approval for capital rejig plan

The United Bank of India (UBI) will soon place a proposal before the government to restructure its .. | Read..

Mastek profit up 22% at Rs 69 cr

Mid-cap software company Mastek has reported a 22 per cent annual income growth at Rs 701.1 crore i.. | Read..

Morocco beyond Tata Tea’s reach

Tata Tea has lost out in the race to acquire the Moroccan tea and sugar company, the Societe Maroca.. | Read..

AROUND THE GLOBE

Reckitt earnings up 13%

Reckitt Benckiser, the world’s biggest maker of household goods, reported a 13 per cent rise i.. | Read..

AMD to buy chip maker for $5.4 bn

Advanced Micro Devices Inc, the No. 2 supplier of computer processors, said on Monday it would acqu.. | Read..

News Corp stake in Turkish TV company

News Corp has agreed to buy 56.5 per cent of Turkish Huzur Radyo TV (TGRT) from Ihlas Yayin Holding.. | Read..

BG profit jumps 46% in second quarter

Gas producer BG Group has reported a 46 per cent jump in second-quarter net profit excluding one-of.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Godrej net at Rs 16 cr

A-I picks merger adviser

Foreign Exchange

US $1 : Rs 46.91	UK £1 : Rs 86.94
Euro : Rs 59.24	Yen 100 : Rs 40.23
SW Fr1 : Rs 37.05

Bullion

Bombay
Gold Std (10gm)	Rs. 9430
Gold 22 Carat	Rs. 9385
Silver bar (1kg)	Rs. 17395
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9560
Gold 22 Carat	Rs. 9025
Silver bar (1kg)	Rs. 17200
Silver Portion	Rs. 17300