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CREDIT POLICY POLL: RBI NOT TO CHANGE RATES
The Reserve Bank of India's credit policy review will take place on December 16. The RBI is widely expected to pause and not increase interest rates. All the participants of the CNBC-TV18 poll uninamously agreed that the RBI will maintain status quo. The poll shows that 100% of the market expects no change in repo or reverse repo rates. They also do not expect any cut in the CRR.
LEAD STORIES
LTTE MAY ATTACK PM DURING HIS TAMIL NADU VISIT
Intelligence Bureau sources have warned that LTTE terrorists have entered the country through the southern coast and may attack Manmohan Singh.
SENSEX CLOSES 151 PTS LOWER AHEAD OF CREDIT POLICY
Sensex closed at 19647.77, down 151.42 points as realty and banks were under pressure ahead of RBI meet. Nifty ended at 5,892.30, down 51.80 points.
HIGHER ADVANCE TAX FIGURES BY INDIA INC
RIL has paid a advance tax of Rs 1,191 crore as against Rs 834 crore last year while Tata Steel has paid Rs 1,000 crore as against Rs 650 crore.
TOP STORIES
•2G scam: CBI raids premises of Radia, Baijal
•JPC more relevant now than CBI raids: BJP
•Govt mulls regulating corporate lobbying
•Hero Honda board meet on Dec 16 to terminate JV
•SC stays suspension of advocate Chandramohan
•AP assembly approves microfinance bill
•Rupee hits 2-wk low; down 44 paise at 45.39/$
•Credit offtake growth over 23%, above RBI estimate
•Justification of petrol price rise 'a lie': BJP
•Jet fuel prices hiked by 3.6%
•MOIL lists at Rs 551 on debut; up 47%
•Commex turnover to touch Rs 110 lk cr in FY11
•BoB sells 51% stake in credit card arm to Spain's BBVA
•Air India, BSNL likely to be provided govt support: PM
•Policy on global assets acquisitions by PSUs soon: PM
•Mumbai HC upholds stay on Kings XI termination
•Chinese cos ink pacts worth $16 bn with Indian firms
•Siemens sells IT unit to Atos Origin for $1.14 bn
•Novartis sweetens deal to win full Alcon ownership
•Harley-Davidson to launch bikes at Rs 5.5 lk, Rs 6.5 lk
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