The Hindu Business Line : Friday, December 26, 2008

GOVERNMENT

POLICY: Govt to push for easier credit, more duty reliefs
No hikes in Plan expenditure; Ministries can’t spend addl funds. New Delhi, Dec. 25 The UPA government’s second and final stimulus package for the current fiscal, would focus on credit availability to industry and trade at ...

POLICY: Rules eased for entry of foreign cos into India
Legalisation of foreign public documents simplified. New Delhi, Dec. 25 Multinational and foreign companies will now find it less cumbersome to establish a place of business in India, as the Government has done away with some red ...

POLICY: New formula proposed for calculating indirect foreign holdings
The Department of Industrial Policy and Promotion (DIPP) has suggested a formula for calculation of indirect foreign equity, which could have major consequences for foreign holding across various sectors including sensitive ones such ...

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Markets (Dec 24)

Nifty (at close)	2916.85(-51.80)
US Dollar (Buy/Sell)	48.20/25
Brent crude (a bbl) Rs	1,845
Gold (a gram) Rs	1,210
Silver (a kg) Rs	17,780

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Dec. 14-Dec. 20
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