17 march 2002

india's forex rises to $ 51,436 million
mumbai: india's foreign exchange reserves jumped further by $ 692 million at $ 51,436 million during the week ended 8 march.

the foreign currency assets (fca) rose to $ 48,374 million, an increase of $ 692 million in the reporting week, according to reserve bank of india.

while gold reserves remained static at $ 3,052 million, special drawing rights were up by rs one crore.

rbi clears bob cap dealership
mumbai: the reserve bank of india has granted the final approval to bob capital markets ltd to operate as a primary dealer in the government securities market.

with this the number of primary dealers in the government securities market has gone up to 18.

16 march 2002

hdfc to replace rpl in sensex
mumbai: the bombay stock exchange (bse) has decided to bring in hdfc ltd to fill in the slot left vacant in the sensex by reliance petroleum limited (rpl) following its merger with reliance industries limited.