The Telegraph - Calcutta : Business

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| Wednesday, September 27, 2006 |

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Basel breathe-easy for banks

The Reserve Bank of India (RBI) may extend the deadline for banks to adhere to Basel II norms. ... | Read..

Merger is the order of the day

Banks in India will need to amalgamate or consolidate if they are to stand any chance of squaring up to face competition fro ... | Read..

Sebi relaxes PAN deadline

The Securities and Exchange Board of India (Sebi) has extended the deadline for the mandatory requirement of a PAN to operat ... | Read..

Benchmark for fuel rate cut

Petroleum minister Murli Deora today ruled out any immediate reduction in petrol and diesel prices although international ra ... | Read..

Air-India profit hit

Air-India has posted a lower gross profit of Rs 17 crore in 2005-06, mainly on account of high oil prices. The airline’ ... | Read..

Shamshad Akhtar, governor of State Bank of Pakistan, in Mumbai on Tuesday. (PTI)

BlackRock stamp on DSP Merrill arm
DSP Merrill Lynch Fund Managers, the wholly owned asset management subsidiary of investment banker .. | Read..

Toyota and the art of car care
Zen and the art of motorcycle (rather, car) maintenance just got rewritten. .. | Read..

Canara on a fund-raising spree

Canara Bank plans to raise $300 million through a combination of medium-term notes (MTNs) and perpe.. | Read..

Cautious approach to SEZs

Banks are focusing on the nature of projects while funding special economic zones (SEZ) rather than.. | Read..

Honda banks on bikes

Honda Motors and Scooters India (HMSI) will invest Rs 400 crore over the next three years to ramp u.. | Read..

REL fails to power ahead in Orissa

Anil Ambani-controlled Reliance Energy Limited (REL) was absent at today’s MoU signing ceremon.. | Read..

Hind Copper to develop new mines

Hindustan Copper (HCL) is planning to develop two mines at an estimated investment of Rs 1,500 cror.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.93	UK £1 : Rs 87.04
Euro : Rs 58.31	Yen 100 : Rs 39.45
SW Fr1 : Rs 36.55	Aus $1 : Rs 34.02

Bullion

Bombay
Gold Std (10gm)	Rs. 8930
Gold 22 Carat	Rs. 8880
Silver bar (1kg)	Rs. 18105
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9005
Gold 22 Carat	Rs. 8500
Silver bar (1kg)	Rs. 17750
Silver Portion	Rs. 17850