Online edition of India's National Newspaper
Saturday, September 07, 2002
Online edition of India's National Newspaper Saturday, September 07, 2002 |
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Companies may be allowed to invest in derivatives, swaps NEW DELHI, SEPT. 6.The Insurance Regulatory and Development Authority today said it will amend the investment norms to allow insurers to invest in derivatives and swap instruments to hedge risks in a falling interest rate regime. "We are ... Oct. 1 deadline for VSNL to patch up with BSNL, MTNL NEW DELHI, SEPT. 6.The Government has given the Tatas-controlled Videsh Sanchar Nigam Ltd. (VSNL) time till October 1 to strike a mutually acceptable routing agreement with the state-run domestic telecom giants, Bharat Sanchar Nigam Limited ... RBI eases EEFC account norms for EOUs MUMBAI, SEPT. 6. The Reserve Bank of India today liberalised procedures for release of foreign exchange for medical treatment abroad and loans from close relatives outside India. It also further liberalised Exchange Earners' (EEFC) Foreign ... Rupee slumps on Gulf war fears MUMBAI, SEPT. 6. The rupee virtually slumped against the U.S. currency today on fresh wave of heavy all round dollar short-covering by banks following concerns over a surge in global oil prices after American and British warplanes attacked Iraqi ... Sensex drops 40 points MUMBAI, SEPT. 6.Equities suffered a sharp setback pushing the sensex down by about 40 points at close on the Bombay Stock Exchange today on fresh sell-off triggered by reports of the U.S. and British strikes on Iraq. Market sources also ... FINANCIAL SCENE The UTI package — just the beginning The UTI package aims to reassure the investors at large. Other Stories
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