Revolution at the Margin Mahajan WHEN the chairman of the State Bank first mooted the idea of setting up a National Credit Council in his statement to shareholders last year, he could not have...
Money and Banking
Oilseeds Turn Bearish A DISTINCTLY bearish trend was noticed in the oilseeds market last week, with sellers predominating both in futures and in spot. Although in the forward section there was stray...
ted, the wholesalers have reason to feel gratified. However, the consumer resistance at the retail level noticeable for quite some time now, is expected to become even pronounced with the latest...
Not Much Store by Policy ALTHOUGH, in the face of a drastic bout of cotton requisitioning, on a near national scale, the cotton market witnessed a near-collapse on the price front, there was still a...
The seasonal credit expansion, which at the Rs 320-crore mark on February 24 was considered by the Reserve Bank to be somewhat more than warranted by the availability of goods touched the Rs 420-...
April 1, 1967 proposed a final dividend of 14 per cent for the year. This, together with the interim dividend of 11.33 per cent declared last October, makes a total of 25.33 per cent for the year...
The expansion cost of Rs 111 lakhs will be met by the present capital issue of Rs 73.40 lakhs and a loan of Rs 37.50 lakhs from the Sperry Rand Corporation.
Call Rate Hits Record High The CLOSE of February marked the emergency of tight conditions, not unexpectedly, and the end of the stable six per cent call rate, which had been poised for a rise even...
February 25, 1967 Company to pay a dividend of 16 per cent for the current year on the enlarged capital of Rs 54 lakhs. The Company had paid a dividend of J 6 per cent in respect of 1964-65.
February 18, 1967 the firm trading conditions both in the spot and the forward markets. Even the reported move on the part of the Government to secure a large quantity of soyabean oil from America...
Linseed April contract which opened the week at Rs 167.50 attracted very little attention during the course of the week and after declining to Rs 165.50 closed a shade higher at Rs 166.50. In the...
FMC Holds Oilseeds in Leash FOR THE FIRST time in several weeks the oilseeds market presented a distinctly bearish trend, the extent of the fall in prices being more pronounced in the spot than in...
speculative activity from the futures to the ready section. Groundnut Karad bold moved up by 13 points to close at Rs 212 while Khandesh quality showed a net gain of Rs 12 at Rs 215. Groundnut oil...
December 31, 1966 tures to the spot section. While the turnover in the futures section was limited to stray deals, the activity in the spot market, particularly in groundnut, was very keen as...
December 24, 1966 Focus on Cotton Imports AS MOST varieties of new crop cotton are available about the new ceiling prices, the textile industry has now turned its attention to the prospects of...
