The Hindu Business Line : Monday, October 27, 2008

GOVERNMENT

STATES: Flagship power reform scheme flounders as States misuse funds
Panel detects incorrect financial reporting amounting to Rs 676 cr. New Delhi, Oct. 26 The Government’s effort to reform the electricity distribution business is proving to be a case of throwing good money after bad. As the Centre’s ...

POLICY: ‘End-use restrictions on ECBs to stay for now’
New Delhi, Oct. 26 Even as the Government further liberalised the external commercial borrowing (ECB) policy to enable domestic companies get a better access to overseas funding in the current economic downturn in the developed markets, it ...

POLICY: Panel upholds tax breaks for Essar Steel, Adani SEZs ‘with minor conditions’
New Delhi, Oct. 26 Faced with a potential slowdown of the economy, the beleaguered UPA government has taken a host of initiatives in resolving some of the outstanding issues plaguing the special economic zones (SEZs) that were caught in ...

POLICY: Waterways: Is status a saviour?
Last week the Lok Sabha passed two National Waterways Bills. The first Bill relates to the declaring of Talcher-Dharma stretch of the Brahmani-Kharsua-Dharma rivers, Geonkhali-Charbetia stretch of the East Coast Canal and Charbatia-Dhamra stretch ...

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Markets (Oct 25)

Nifty (at close)	2584.00(-359.15)
US Dollar (Buy/Sell)	49.96/97
Brent crude (a bbl) Rs	3,030
Gold (a gram) Rs	1,124
Silver (a kg) Rs	17,130

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