Thursday December 6, 2007

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 Home>>>Business 

 
Sensex gains 208 pts 

Mumbai, Dec 5:
The benchmark Sensex ended with a significant gain of over 208 points on the Bombay Stock Exchange on Wednesday on hectic buying by funds on expectations that blue-chip companies might announce better quarterly earnings this month.
 
Basmati rice under stock declaration rule  

New Delhi, Dec 5:
The government has made it mandatory for individuals or firms procuring basmati rice in excess of 10,000 tonnes to declare their stocks.
 
Govt. to re-open eight sick fertiliser units  

New Delhi, Dec 5:
The Government has decided to re-start all the eight sick public sector fertiliser units in a move to produce 80 lakh tonnes additional fertiliser to meet the growing demand, Lok Sabha was informed on Wednesday.
 
'RBI's tight policy to moderate Indian eco growth in 2008' 

Mumbai, Dec 5:
The Reserve Bank's tight monetary policy is expected to moderate India's economic growth rate to 8.1-8.6 per cent in 2008, against 8.5-9 per cent in 2007, Global rating agency Standard and Poor's said on Wednesday.
 
Kamath alerts industry on further rally in rupee  

Putrajaya (Malaysia), Dec 5:
The Indian industry should brace itself for a strong rupee, as the currency could strengthen by Rs one to two against the US dollar, and must diversify its revenue base, ICICI Bank CEO K V Kamath has said.
 
Deccan separate entity even after merger: Gopinath  

New Delhi, Dec 5:
Country's leading budget carrier Air Deccan Wednesday categorically said the airline, even after the merger with UB Group Chairman Vijay Mallya-promoted Kingfisher airline, will remain a separate entity.
 
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