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NSE BSE Trading holiday April 16 due to Vishu

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RBI increases CRR ratio by 50 basis points

In the light of the current macroeconomic, monetary and anticipated liquidity conditions, and with a view to containing inflation expectations, it is essential to take appropriate action on an urgent basis. On a review of current liquidity situation, it is considered desirable to increase the cash reserve ratio (CRR) of the scheduled commercial banks, regional rural banks (RRBs), scheduled state co-operative banks and scheduled primary (urban) co-operative banks by 50 basis points to 8.0 per cent in two stages, effective from specified fortnights as indicated below: Effective date ( i.e. , the fortnight beginning from) CRR on net demand and time liabilities (per cent) April 26, 2008 May 10, 2008 7.75 8.00 As a result of the above increase in CRR on liabilities of the banking system, an amount of about Rs.18,50...

BSE's Certificate on Currency Futures (BCCF)

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India got NSG Waiver 8th SEPTEMBER STOCK MARKET

How u all Relate NSG with Indian Equity ???? How will the stock markets perform on Monday? Nuclear Suppliers Group Forty-five nations lifted global ban on nuclear fuel trade with India . The countries which are part of NSG Nuclear Suppliers Group are NSG countries are: Argentina, Australia, Austria, Belarus, Belgium, Brazil, Britain, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, Ukraine and the United States. A reuters news post quotes... "The Congressional calendar is short. The main thing is that the international work is now done," Condoleezza Rice said. "I certainly hope we can get it through." News articles With NSG waiver, N-deal on course Times of India - Sep 06, 200...

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