The Hindu Business Line : Friday, January 30, 2009

GOVERNMENT

POLICY: Cabinet nod for Rs 14,600-cr Chennai Metro rail-link project
New Delhi, Jan. 29 Chennai will get a 45-km metro rail link with an estimated cost of Rs 14,600 ...

STATES: Centre relaxes fiscal deficit targets, borrowing ceilings for States
Move to boost more borrowing for capex funding. New Delhi, Jan. 29 States can now spend at least Rs 30,000 crore more this financial year without having to lose any debt relief facility on account of the additional borrowing that would be ...

POLICY: Cabinet nod for longer concession periods of highway projects
New Delhi, Jan. 29 The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its nod for the upward revised cost and concession periods of nine stretches of national ...

POLITICS: At North Block
...

POLITICS: Elections a dampener for airlines, says Amadeus
New Delhi, Jan.29 The forthcoming general elections could prove a dampener for the domestic airline industry, Amadeus, supplier of IT solutions to the travel and tourism industry, said on ...

FOREIGN RELATIONS: Engaging China
While most analysts are unconvinced that new solutions are likely to be obtained in the ongoing gabfest at Davos a.k.a. the World Economic Forum, eyes and ears are nevertheless trained on the statements and sound bytes from the world ...

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Markets (Jan 29)

Nifty (at close)	2,823.95(-25.55)
US Dollar (Buy/Sell)	48.99
Brent crude (a bbl) Rs	2,104
Gold (a gram) Rs	1,271
Silver (a kg) Rs	20,330

In Focus
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Looking back
Jan. 18-Jan. 24
No tax rate cuts this fiscal: Montek