SBI's India Millennium Deposit scheme fetches $5.5 bn at close
State Bank of India's 8.5% India MIllennium Deposit (IMD) programme has finally fetched $5.5 billion.

Euro firmer against dollar, yenamid political crises in US, Japan
The euro was firerm against the dollar and the yen on Monday, benefiting from deepening confusion in the US presidential election and the prospect of a vote of no-confidence in the Japanese government.

India presents rosy picture to World Bank
Painting a rosy picture of the economy, the government has told the World Bank that the country's GDP growth will be more than 6% in the current fiscal.


  UFBU threatens indefinite stir in nationalised banks after Nov 28
  Market Round-up
  Steel ministry drive to increase consumption
  CBI conducts raid on DD officials
  FIs set to resist move to bring them under code
  World Bank to hike loan to $3 billion by 2001
  Mafatlals to exit from Nocil Petro
  Match-fixing scam costs Muthiah Ficci top job
  Executive briefing
  Public monitoring can ensure transparent reporting
  US polling system faces fresh criticism
  Post-IMD, policy dilemma remains
  ITDC posts 9.5 per cent sales growth in April-October