The Hindu Business Line : Saturday, November 14, 2009

WEB EXTRAS

POLITICS: RBI cautions NBFCs on ‘politically exposed persons’
Mumbai, Nov. 13 The Reserve Bank of India has cautioned non-banking finance companies that in the event of an existing customer or the beneficial owner of an existing account subsequently becoming a politically exposed person (PEP) then ...

TAXATION: Solar power needs funding focus
The ‘National Solar Mission’, expected to be released on November 14, 2009, is one of the eight missions identified in the Prime Minister’s National Action Plan on Climate Change (NAPCC). Quite naturally, therefore, ...

OUTLOOK: Unconventional aspects of DTC
No progress is possible on being static. As is said, change is the law of nature. But change without any aims and objectives becomes counterproductive, and many changes proposed in the new Direct Taxes Code are, prima ...

OUTLOOK: Unstable weather forecast across country over weekend
Prevailing weather across the country is poised to get unstable with Cyclone Phyan remnant dictating terms over the north as does an incoming easterly wave to the ...

INTEREST RATES: United Bank to offer home loans at 8%
Kolkata, Nov. 13 In a bid to boost demand for home loans and garner a bigger pie of the housing loan portfolio, United Bank of India plans to launch the ‘United Housing Loan ...

OUTLOOK: Drop in cargo movement worries trailer operators
Kochi, Nov. 13 The decline in cargo movement on account of the global slowdown, coupled with the non-availability of experienced trailer crew, is adding to the woes of container trailer operators at ...

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Markets (Nov 13)

Nifty (at close)	4,998.65 (+46.30)
US Dollar (Buy/Sell)	46.31/32
Brent crude (a bbl) Rs	3,625
Gold (a gram) Rs	1,581
Silver (a kg) Rs	28,230

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Domestic BPO market to be $6.82 b by 2013

Forex reserves rise $1.02 billion

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Looking back
Nov. 1-Nov. 7
Unitech net tanks over 50% in Q2

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Sibal moots corporation to fund education