Bourses under close tab: Sebi Securities & Exchange Board of India (Sebi), on Friday, said it is keeping a close watch on stock markets to ensure that everything is going well and to safeguard the interests of retail investors.
Wants bond index in place "It has been decided that, to begin with, exchanges shall construct a Bond Index (both corporate and government) and disseminate the same," Sebi said in a circular.
MCX rejigs its team The Board of MCX, on Friday, decided to promote the senior management team at MCX with effect from April 1, 2008 with its current incumbent Managing Director & CEO Jignesh Shah elevated as Vice Chairman of MCX and National Spot Exchange Ltd (NSEL).
US sheds 80,000 jobs in March The US employers cut payrolls for a third month in a row in March, slashing 80,000 jobs for the biggest monthly job decline in five years as the economy headed into a downturn, government data on Friday showed.
FE reserves swell by $4.5 billion Indias foreign (FE) exchange reserves increased by a whopping US$4.504 billion to stand at US$309.16 billion for the week ended March 28.
Did Tamil Nadu act in haste in taking up the Hogenakal project in the Cauvery basin? Since it is supposed to be only a drinking water scheme, does it hurt Karnataka’s interests? DH had invited readers’ opinion on the issue.
Most believe that although the drinking water provision is legal, the current row is a manifestation of political interests in TN, and that Karnataka has been unfairly targeted. Some feel that as Hogenakal falls within the disputed territory, the problem should be resolved amicably without damaging public life in both states.
