The Telegraph - Calcutta : Business

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| Friday, March 24, 2006 |

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Twin steps to boost banking

Giving a fillip to banking reforms, the Union cabinet today approved proposals that allow State Bank to raise more funds by selling stakes in associate banks and give more regulatory powers to the RBI. ... | Read..

Action plan on liquidity crunch by March 31

The Reserve Bank of India will issue a detailed statement by March 31 to help banks tide over the liquidity crunch due to hi ... | Read..

Cabinet clears 3% hike in DA

The Union cabinet today approved a 3 per cent hike in dearness allowance for government employees in what appears to be a po ... | Read..

More time for Jet-Sahara deal

Jet Airways and Air Sahara tonight extended the term of their share purchase agreement by 90 days in a bid to salvage the Rs ... | Read..

British Petro pulls out of Bhatinda

British Petroleum today pulled out of the joint venture with Hindustan Petroleum Corporation Ltd (HPCL) to construct the Rs ... | Read..

Finance minister P. Chidambaram in New Delhi on Thursday. (PTI)

Kidwai to head HSBC in India
Naina Lal Kidwai has been appointed chief executive officer and country head of HSBC India. .. | Read..

Daimler on tipper track
DaimlerChrysler India, which manufactures Mercedes Benz cars, is scouting for vendors to make tippe.. | Read..

Tata on UK advisory panel

Tata Sons chairman Ratan Tata will advise the UK government on ways to boost its economy... | Read..

Biyani buys Crossroads

Mumbai’s oldest mall might have a new owner soon... | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 44.55	UK £1 : Rs 77.58
Euro : Rs 53.72	Yen 100 : Rs 38.05
HK $1 : Rs 5.06	SW Fr1 : Rs 33.05
Sing $1 : Rs 27.01	Aus $1 : Rs 31.35

Bullion

Bombay
Gold Std (10gm)	Rs. 8010
Gold 22 Carat	Rs. 7965
Silver bar (1kg)	Rs. 14690
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8080
Gold 22 Carat	Rs. 7630
Silver bar (1kg)	Rs. 14700
Silver Portion	Rs. 14800