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Bonds drop on rate-hike speculation
Bloomberg / January 5, 2010, 0:16 IST

Villages with 2,000 to have banking access by March: RBI
Commercial banks would come out with a plan for financial inclusion by the end of the financial year, RBI Governor D Subbarao announced here during a bankers’ meet on financial inclusion and promotion of financial literacy.

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New system to provide real picture of price situation: govt
Conceding that WPI-based inflation was not reflecting the rising prices adequately, the government today said the new mechanism has been devised to provide a better picture of the price situation.
Management

BSE suspends short selling in four scrips from July 31

The Bombay Stock Exchange (BSE) today said short selling in four scrips, including Corporation Bank and IndusInd Bank will not be available on the bourse with effect from July 31. - Nestle Q2 net up by 33% at Rs 162 crore - Reliance Infra Q1 net up 25% at Rs 317 cr - UCO Bank Q1 net rises 34.03 per cent - Parsvnath Developers Q1 net dips 81% at Rs 14 cr - FIIs net buy Rs 367cr, DIIs net sell Rs 287cr - Lanco Infratech ends flat Four scrips -- Aptech, Bajaj Holdings & Investment, Corporation Bank and IndusInd Bank -- would not be available for trading in the SLB segment with effect from July 31, the BSE said in a notice. These scrips have ceased to fulfill eligibility criteria and hence these scrips would not be available for trading in the Securities Lending and Borrowing segment, it added. Short selling is an activity wherein a investor sells shares without owning it.


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