Call rates open flat at 0.12 pc

Friday, August 3, 2007, 14:03 [IST]

Mumbai, Aug 3 (UNI) Interbank call money rates today resumed steady levels at 0.12 per cent dealers said.

Call rates are likely to improve margins in coming days when the hike in Cash Reserve Ratio (CRR) will come effective, dealers said.

Later, it fluctuated between 0.10 and 0.15 per cent during noon session.

There was thin attendance of brokers due to heavy rainfall in the city since last night, brokers added.

UNI

Other articles published on August 3, 2007

GSM to pay 10,000 cr as spectrum usage charge

Friday, August 3, 2007,14:04 [IST]

New Delhi, Aug 3: The GSM industry will pay over Rs 10,000 crore as spectrum usage charges to the Government over the next three years due to high charge for the additional spectrum, the Cellular Operators Association of India (COAI) said today. Out of the total amount, about Rs 6,000 crore will be on account of the incremental charges for additional spectrum. ''If the present rates were to continue, the GSM industry would pay.....

AIMA Index-2008 in Nashik in Jan 08

Friday, August 3, 2007,14:04 [IST]

Nashik, Aug 3: The Ambad Industries and Manufacturers Association (AIMA), one of the apex bodies of all industries in Nashik, announced that its triennial event, AIMA Index 2008, will be held in January next year. AIMA president Dhananjay Bale said, the industrial exhibition will be held from January 9 to 14 at the Dongare Vastigriha ground. The stalls in the exhibition will include-electrical, electronics, IT and office automation, rubber, plastic, real estate, financial services and.....

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No significance to Cong legislators meet: Kharge

Friday, August 3, 2007,14:04 [IST]

Bangalore, Aug 3: Karnataka Pradesh Congress Committee (KPCC) President Mallikarjuna Kharge today played down the reported meeting of a group of Congress legislators, who were against the party forging an alliance again with Janata Dal (S) to form government in the state. Speaking to newsmen at Airport, after receiving Prime Minister Manmohan Singh who is on a day's visit to the city, Mr Kharge said, "No significance should be attached to such meeting of a group.....

Bangalore races cancelled for the day due to rain

Friday, August 3, 2007,14:04 [IST]

Bangalore, Aug 3: Due to persistent rain rendering the race track unsuitable for racing, the Stewards of the Bangalore Turf Club decided to postpone the races scheduled for today. The day's races would be run on August eight and same card would hold good for that day, BTC Secretary S Nirmal Prasad said in a release issued here today. UNI.....

K'taka to seek more funds for rural devp: HDK

Friday, August 3, 2007,14:04 [IST]

Bangalore, Aug 3: State will seek more funds from the Center for taking up more rural development works including that of 'Suvarna Grama Yojana' when Prime Minister Manmohan Singh visits the city today to review the Agricultural status in Karnataka, Chief Minister H D Kumaraswamy informed here today. Speaking to newsmen at Airport, he said that the Center had announced a special package of Rs 2689.64 crore for the six districts in the state, where a.....