Dollar's 11-week gains dive against major currencies
The dollar trimmed early gains on Monday, backtracking from 11-week highs against the Swiss franc and losing ground against the euro and the pound after being repelled by chart barriers amid little fundamental news to focus on.

BNP Paribas launches new website
BNP Paribas has launched a new web-site uplink to offer customised banking solutions for corporate accounts and private banking customers. The application system gives account information, pay-order and cheque books, stop-payments and foreign exchange updates.

IBRD cancels $530m loanfor coal sector
The World Bank has cancelled its $530 million loan for India's coal sector rehabilitation project. The cancellation follows widespread protest about the impact of the bank-funded coal mining expansion on the vital tiger and elephant corridor in central and eastern India.


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  Profit-booking clips US bond gains
  Market round-up
  RBI asks firms to cut EEFC balance by 50%
  Direct tax mop-up zooms 143% in July
  Reforms inadequate for economic upliftment -- President
  Executive briefing
  US backs Indian move for in-built flexibility
  Sonia calls for changes in Co-operative Act
  IACC asks for counter-guarantee mechanism
  Vajpayee to announce package forsmall-scale sector on August 30
  Annual plan for Bihar to be finalised on Aug 17
  Crisil Advisory Services predictssurplus energy in Maharashtra
  RBI has no option but let the rupee slide
  Bokaro's HR coils exportto Europe, US goes up
  Centre may announce reconstituted divestment panel by next month
  Plastic bags ban to be effective from today
  Cement workers arrive at wage pact
  Inflation rate for urban consumers up to 5.7%
  Industry hails RBI move on EEFC cut
  Banks online currency trading yet to make impact on customers
  Ford frustration with Firestone grows
  State may form pressure group to campaign against finance panel
  Cable operators demand entertainment tax rollback
  Two more Orissa cities to fall underincome-tax scheme
  HC warrant against Kerala's ex-minister