Reinsurance guidelines for life insurance firms on the cards, says IRDA chairman
The government would soon come up with reinsurance norms for life insurance companies, Insurance Regulatory and Development Authority (IRDA) chairman N Rangachary said on Sunday.

CII expects $15bn US investments in five years
India should target atleast $15 billion of foreign direct investment (FDI) from the US in the next five years and $25 billion in the next ten years, according to a CII strategic report released here on the eve of Prime Minister Atal Behari Vajpayee's American visit.

Call rates to hover around 10%
The forex volatility appears to have subsided for now as the rupee traded in 45.75/$ - 45.87/$ range through the week. Further, intra-day fluctuations in the spot market have also come down.


  Poor bank lending worries Assocham
  DoD to finalise IPCL shareholders' agreement soon
  UP gearing up to rope in US cos during PM visit
  LIC exploring tieups with payment gateways to promote Net transactions
  New steel projects may hit industry's performance -- Pande
  Bihar power plants flout all environmental norms
  Surface transport ministry targets 36m tonnes of traffic in this fiscal
  Delhi government scrutinising CNG tenders
  GIC to be reinsurance company
  RBI asks firms to seek approval for crude futures
  Executive briefing
  State energy minister, DPC officials discuss irritants as new issues crop up
  NTPC to get 5 bn yen Sumitomo Bank loan
  Inflation rate declines to 5.73 per cent
  ISIGIEC floats fresh tenders to procure sugar for export
  Real Estate in the grip of entertainment, leisure industry
  PM's is going to be a `power trip'