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Saturday, December 27, 2008
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GOVERNMENT

POLICY: Navratnas can continue to park surplus funds in public sector MFs
Move to help funds hit by redemption pressures. New Delhi, Dec. 26 Navratna and miniratna public sector enterprises can continue to park up to 30 per cent of their surplus funds in equity mutual fund schemes of public sector mutual ...

STATES: ‘State Govts can finance fiscal deficit by reducing cash balances’
Mumbai, Dec. 26 The Reserve Bank of India, in its Study on State Finance: 2008-2009, has raised questions about State Governments maintaining large surplus cash balances, which as on December 17, 2008, stood at Rs 74,857 crore. The central ...

POLICY: Cabinet approves Integrated Energy Policy
Monitoring panel to review policy’s implementation. New Delhi, Dec. 26 The Union Cabinet today approved an Integrated Energy Policy for the ...

POLICY: CCEA okays Rs 350-cr repair work at Farakka Barrage
New Delhi, Dec. 26 To undertake on-going works related to special repairs of Farakka Barrage gates and their operating system, the Cabinet Committee on Economic Affairs on Friday gave its approval for the “Farakka Barrage Project” ...

POLICY: Scheme for housing the urban poor to get interest subsidy
New Delhi, Dec 26 The Cabinet Committee on Economic Affairs (CCEA) has given its nod for an interest subsidy scheme for housing the urban poor ...






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Markets (Dec 27)
Nifty (on Dec 26)2857.25(-59.60)
US Dollar (Buy/Sell)48.39/40
Brent crude (a bbl) Rs1,709
Gold (a gram) Rs1,241
Silver (a kg) Rs18,305


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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Area under most rabi crops shows a rise

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Is advance tax payment a lead indicator?

Small, medium exporters to get higher ECGC risk cover

Reliance Petroleum jumps on Jamnagar fuel

Looking back
Dec. 14-Dec. 20
State finances to suffer further strains: Crisil

UPA allies urge Govt to reduce petrol, diesel prices further

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