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Ministry to take fuel price proposal to Cabinet ‘Public sector oil marketing cos are still incurring revenue losses’. New Delhi, Nov. 26 Despite a dip in global crude prices, the Government is yet to take a decision on whether the prices of petroleum products will be cut, the ... IOC to turn cash positive in Dec Kerosene, LPG still a drag on profitability. Kolkata, Nov. 26 Thanks to profits generated on sale of diesel and petrol, after a long time, Indian Oil Corporation expects to turn cash positive in ...

Working hand-in-hand:<...	TODAY'S PICK (Latest Audio: English/Tamil) Zee Entertainment (Rs 114.15): Sell We recommend a sell in Zee Entertainment Enterprises from a short-term perspective. It is evident from the charts that the stock has been on medium-term down trend from September high at Rs 239. Moreover, the long-term trend is also down ... Day Trading Guide

Short is sweet for FMP investors
Mumbai, Nov. 26 Uncertainty over future cash flows seems to be pushing investors to park their money in short duration fixed maturity plans (FMPs), rather than in schemes of ...

PNB to cut deposit, lending rates by 100 bps
New Delhi, Nov. 26 Punjab National Bank has decided to reduce its benchmark prime lending rate (BPLR) by 100 bps from 13.50 per cent to 12.50 per cent with effect from ...

Software exporters mull credit risk insurance
Payment risks from slowdown-hit overseas customers seen. Bangalore, Nov. 26 Anticipating an escalation of payment risks from troubled overseas customers, especially in the telecom sector, Indian software exporters are looking at credit risk ...

No hike in edible oil import duties: Pawar
Relaxation in rice export restrictions ruled out. New Delhi, Nov. 26 The Union Food and Agriculture Minister, Mr Sharad Pawar, has ruled out any immediate hikes in edible oil import duties or relaxations in current rice ...

Open interest plunges as markets turn erratic
Total outstanding contracts stood lower at Rs 56,000 cr. BL Research Bureau The unprecedented slide in equity markets has impacted the sentiment among investors as well ...

Govt looking to allow up to 49% FDI in FM radio
26% FDI in FM news channels also on cards. New Delhi, Nov 26 FDI limits in FM radio could soon be increased to 49 per cent for non-news channels and up to 26 per cent for news channels. News will also be allowed, according to Mr Anand Sharma, ...

India to grow at 7-7.5% in 2008, says S&P report
Inflation forecast at 7.2-7.6% in 2008. Global credit rating agency Standard & Poor’s, in its latest outlook for the Asia-Pacific markets, has estimated that India’s real GDP growth will moderate to 6.5-7.0 per cent in 2009 even ...

Cyclone Nisha bides time to cross TN coast
Thiruvananthapuram, Nov. 26 Tuesday’s well-marked ‘low’ over southwest Bay of Bengal underwent three rounds of intensification in rapid succession to become Tropical Cyclone Nisha on ...

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