Farm sector may do with a leg-up
New Delhi: Experts are of the view that credit flow to the agriculture sector in the Tenth Plan can exceed the target of Rs 7,36,570 crore if regional rural banks are involved in a greater way if pledge-financing for crops, kisan pattadar pass-book and warehouse receipts are made negotiable instruments for sourcing credit, forward trading are introduced for more commodities, self-help groups-bank linkage-projects are facilitated by micro-finance institutions and the Kisan Credit Card scheme and the National Agricultural Insurance Scheme gain more wider coverage.

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EU heading for litmus test over fiscal rules
Mumbai: The European Central Bank has been a cautious mover on the monetary policy. It has kept the interest rate high due to the threat of inflation from the monetary changeover. As the threat of inflation changes swiftly to deflationary threats in major ec onomies, the high interest rates would stifle the fledgling economies.
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LIC gets clearances for US operations
Coimbatore: Life Insurance Corporation of India is now looking to further expand its international operations and is exploring the possibility of setting up new bases in Australia, New Zealand and even China.
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Bond volumes support firm trend
Mumbai: Large trading volumes supported the firm trend in bond yields. Last week, the daily trading volume averaged about Rs 4,000 crore in the NSE's debt counter and an equivalent amount through the negotiated route evident from the SGL list of the Reserve Bank of India.
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Corporates find T-bills attractive
Mumbai: Faced with resistance from banks, corporates have begun parking short-term surpluses in highly liquid Government securities. Sources said that in the process, most corporates have been booking risk free returns of up to 5.7-6 per cent.
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