Call money rates likely to hover around 7 per cent
Call money rates drifted below 7% last week, ending near 5% on the reporting fortnight. However, outflows of Rs 6,000 crore on account of government security auctions pushed the rates to 8% levels on Saturday.

RBI puts M3 growth at 13.6 per cent in '99-00
The Reserve Bank of India (RBI) has managed to keep money supply growth well below its targeted levels in fiscal 2000 after a gap of two years.

Incentive policy for research inpharma sector under study
The central government is considering an incentive policy for research and development in pharmaceutical sector, according to union chemicals and fertilisers minister Suresh Prabhu.


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