the reason why certain civilizations prospered economically. Adam Smith, for example, pointed to increased trading as being the reason for the flourishing of not just Mediterranean cultures such as Egypt, Greece, and Rome, but also of Bengal (East India) and China. The great prosperity of the Netherlands after throwing off Spanish Imperial rule and pursuing a policy of free trade made the free trade/mercantilist dispute the most important question in economics for centuries. Free trade policies have
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On the 8th of April, the Australian Treasurer, Wayne Swan rejected the proposed merger of the Australian Stock Exchange and the Singapore Stock Exchange. Mr Swan has stated two important considerations in the rejection – the unemployment rate will rise rapidly in Australia and Singapore government control of the ASX. Indeed, the federal government officially blocked the $US8.4 billion deal which was a right decision in terms of the strength and stability of Australia’s financial system. However,
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THE GLOBAL DERIVATIVES MAGAZINE ROUNDTABLE Malaysia derivatives Global access through a global partner Held on September 18, 2012 in Singapore In association with 2 OCTOBER/NOVEMBER 2012 THE FOW ASIA ROUNDTABLES: BURSA MALAYSIA DERIVATIVES Sponsored by: VIP invite Date: 18 September an Bursa Malaysia Derivatives: Derivatives ccess through a Global Partner targets international growth Location: Marina Mandarin, Singapore Time: 14:45 (15:00 start) the West falter
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ssA Summer Training Project Report ON “A STUDY ON MUTUAL FUND COMPANIES IN INDIA WITH SPECIAL REFERENCE TO RELIANCE MUTUAL FUND AND UTI MUTUAL FUND.” IN [pic] SUBMITTED TOWARDS THE PARTIAL FULFILMENT OF THE MASTER’S DEGREE IN BUSINESS ADMINISTRATION 2009-2011, AFFILIATED TO GAUTAM BUDDH TECHNICAL UNIVERSITY (GBTU), LUCKNOW UNDER THE GUIDANCE OF: Mr. Sanjeev Kumar Shukla (Cluster Head- Delhi/NCR) KARVY, Ghaziabad SUBMITTED BY: SUNIL KUMAR Roll No.:
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Bangladesh Development Research Working Paper Series (BDRWPS) BDRWPS No. 6 (May 2009) An Analysis of SAFTA in the Context of Bangladesh Md. Joynal Abdin The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Bangladesh Development Research Center (BDRC) The views and interpretations in this paper are those of the author(s) and do not necessarily represent those of the Bangladesh Development Research Center (BDRC). Copyright © 2009 Bangladesh Development Research
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will help banks to get money at a cheaper rate. When the repo rate increases, borrowing from RBI becomes more expensive. 2. What is Reverse Repo Rate? A: This is exact opposite of Repo rate. Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks. RBI uses this tool when it feels there is too much money floating in the banking system. Banks are always happy to lend money to RBI since their money is in safe hands with a good interest. An increase in Reverse repo
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credits, fixed and floating rate bonds (without convertibility) and borrowings from private sector windows of multilateral Financial Institutions such as International Finance Corporation. Euro-issues include Euro-convertible bonds and GDRs. In India, External Commercial Borrowings are being permitted by the Government for providing an additional source of funds toIndian corporates and PSUs for financing expansion of existing capacity and as well as for fresh investment, to augment theresources
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Kenneth Lay, the former chairman of Houston Natural Gas and then president of Enron, led the company almost from its inception until shortly before his spectacular fall. The company expanded its operations as a broker of futures contracts and derivatives of natural gas and the development, construction and operation of pipelines and power plants around the world,
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V. FINANCIAL MARKETS Monetary transmission strengthened during Q4 of 2010-11 with interest rates firming up gradually across the spectrum as liquidity remained in deficit mode. The policy transmission to deposit and lending rates is visible in the current base rate regime. Asset prices, including property prices, generally remained range bound. Equity markets experienced orderly correction in Q4 of 2010-11. The rupee exhibited two-way movements against the US dollar without any intervention or active
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Chartered Accountants Madhur Bajaj Vice Chairman Secretarial Auditor Rajiv Bajaj Managing Director Bankers Pradeep Shrivastava Chief Operating Officer R C Maheshwari President (Commercial Vehicle Business) Central Bank of India State Bank of India Citibank N A Standard Chartered Bank Bank of America ICICI Bank HDFC Bank Rakesh Sharma President (International Business) Registered under the Companies Act, 1956 Eric Vas President (Motorcycle Business) Registered Office
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