Yen drops to one-month low as market awaits G-7 meet outcome
With question marks hanging over Japan's economic recovery and an interest rate rise on the horizon, currency markets want a clue to the direction of the yen.

China grapples with liberal interest rates
Pity the poor Chinese banksavers. Lacking alternative investments, they squirrel hard-earned cash away in state banks for a miserable interest return, just so the banks can funnel cheap money to loss-making government enterprises.

BoI to network 500 metropolitan branches
Public sector Bank of India has decided go online by connecting 500 metropolitan IBM (computerised) branches with an estimated investment of Rs 100 crore in a phased manner, according to general manager (asset recovery) T S Radhakrishnan, said.


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  Market round-up
  Briefing
  Govt invites feedback on WTO issues
  DoD bans global advisors fromdisclosing bidders' information
  Bihar not to withdraw crude oil entry tax
  SSI body dismisses govt proposal as `eyewash'
  61% of urban households own TV sets -- Report
  Arthur Andersen to assist Mauritius inpower sector recast
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  State takes in-principle decision to privatise power distribution
  Direct tax mopup jumps 67% in Q1
  Executive briefing