The Hindu Business Line : Tuesday, December 30, 2008

GOVERNMENT

POLICY: Sensex gains 200 points on stimulus package hopes
Mumbai, Dec. 29 Expectations of another stimulus package — including a rate cut by the Reserve Bank of India – and positive cues from overseas market boosted sentiment in the equity market ...

POLICY: 3G spectrum auction postponed to Jan 30
Cabinet nod awaited on policy issues. New Delhi, Dec. 29 The Department of Telecom has postponed the auctions for third generation mobile spectrum by two weeks to January 30. It was earlier announced that the auctions would take place on January ...

POLICY: TN industries to adopt 5-day week from Jan 1
Govt announces two-day power holiday. Chennai, Dec. 29 Industries in Tamil Nadu are to adopt a five-day week from January 1 following a two-day power cut to be implemented by the State Government from the ...

POLICY: Bengal allots 749 acres to Jai Balaji Industries
Kolkata, Dec. 29 The West Bengal Government today allotted 748.97 acres of land to Jai Balaji Industries for setting up an integrated steel plant at Raghunathpur in Purulia district. The lease holding agreement in this connection will be ...

POLICY: More sugar for free sale during Jan-March
New Delhi, Dec. 29 The Centre has released 50 lakh tonnes (lt) of sugar as the free sale quota (FSQ) for mills during the January-March 2008 quarter. This is inclusive of four lt of the now-dismantled second ‘buffer stock’ of 30 ...

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Markets (Dec 29)

Nifty (at close)	2922.20(+64.95)
US Dollar (Buy/Sell)	48.41/44
Brent crude (a bbl) Rs	1,709
Gold (a gram) Rs	1,256
Silver (a kg) Rs	18,620

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