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Troy Elder recalled to Australian squad

Sydney, May 22 (UNI) Ace midfielder Troy Elder has been recalled and two two new faces have been included in the 23-member Australian Hockey squad in prepration of the World Cup.

Tasmania's Eddie Ockenden and Victorian Russell Ford have both been added to the National Squad after showing good form during this year's AHL.

The team for the World Cup will be selected from the National Squad with lead up tournaments in Malaysia (Sultan Azlan Shah) and Spain (Champions Trophy).

The Australians are to defend their Azlan Shah trophy in Kuala Lumpur from 18-25 June, They will then attempt to defend their Champions Trophy title in Terrassa, Spain from 22-30 July and go for World Cup glory in Monchengladbach, Germany from 6-17 September.

''The prime focus of the senior squad selection is towards the World Cup. The Azlan Shah and Champions Trophy tournaments will be used as part of a final development and selection process in a campaign that started back in May last year,'' said national coach, Barry Dancer.

Timing is the key for Dancer and his coaches as they prepare the players to be at their peak for September this year when they attempt to win the only trophy that this group of players is yet to hold -- the World Cup.

Squad; Michael Boyce, Travis Brooks, Dean Butler, Liam De Young, Luke Doerner, Jamie Dwyer, Nathan Eglington, Troy Elder , Russell Ford, Bevan George, David Guest, Rob Hammond, Aaron Hopkins, Mark Knowles, Stephen Lambert, Brent Livermore, Michael McCann, Daniel McPherson, Stephen Mowlam, Matt Naylor, Eddie Ockenden, Grant Schubert, Matthew Wells.

UNI XC HSB DH PM1950

RBI offers liquidity assistance to settlement banks

Mumbai, May 22 (UNI) The Reserve Bank of India(RBI) today offered liquidity assistance and assured availability of liquidity for settlement banks in the light of the 1100-point slide in the stock market's benchmark index. ''In light of the developments in the stock exchanges, the RBI has been in touch with major settlement banks and both the major stock exchanges to ensure that the payment obligations on the exchanges are met smoothly,'' an RBI release said......

Call rates at 5.50-5.60 pc, bond prices close flat

Mumbai, May 22 (UNI) The call money rate closed flat in the range of 5.50 to 5.60 per cent as comfortable liquidity situation prevailed in the money market. In the call money market operations on May 20, the Reserve Bank of India had borrowing and lendings worth Rs 561.37 crore each on the weighted average rate of 5.55 per cent. In the reverse repo auctions, the central bank absorbed Rs 65,370 crore through the daily auctions......

Mallya eyeing overseas market

Mumbai, May 22 (UNI) United Breweries Chairman Dr Vijay Mallya, who has over 60 per cent market share in the country's liquor market, today hinted at focussing on the global market. ''I need to look for new market to sustain the growth of United Breweries which produces, beer, vodka, whisky and has 60 per cent of country's market share,'' Dr Mallya said while talking to reporters at a function to announce the name of veteran.....
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