The Hindu Business Line : Sunday, January 04, 2009

GOVERNMENT

POLICY: ‘Stimulus may not revive commercial vehicle sales’
Only large fleet operators to benefit from ‘depreciation’ move: NBFCs. Chennai, Jan. 3 Non-banking finance companies (NBFCs), which finance the purchase of half the commercial vehicle sales in the country, say the ‘50 per cent ...

POLICY: Hotels, hospitals given more freedom to use ECBs
New leeway under economic stimulus package. New Delhi, Jan. 3 Companies in the hotels, hospitals and software sectors can now raise external commercial borrowings (ECBs) under the automatic route and use the proceeds for both foreign currency ...

FOREIGN RELATIONS: India, Malaysia ink pact on employment of workers
New Delhi, Jan. 3 Nearly 1.5 lakh Indian workers in Malaysia can look forward to an improved working environment with India and Malaysia on Saturday signing a bilateral agreement on recruitment and employment ...

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Markets (Jan 03)

Nifty (on Jan 02)	3046.75(+13.30)
US Dollar (Buy/Sell)	48.55/60
Brent crude (a bbl) Rs	2,336
Gold (a gram) Rs	1,245
Silver (a kg) Rs	19,745

In Focus
Who is hiring?

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Looking back
Dec. 28-Jan. 3
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