03 October 2011

Oct 3: Economic and Political News 􀂄 Angel Broking,

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Economic and Political News
􀂄 India’s fiscal deficit surges to `270,000cr during April–August 2011
􀂄 `53,000cr additional borrowing will not impact fiscal deficit: Finance Minister
􀂄 India's overseas investment rises to US$103.9bn at the end of June 2011

Corporate News
􀂄 Coal India likely to revise regulated coal price in three months
􀂄 Coal India plans to invest `40,000cr in the twelfth plan
􀂄 Cairn India discovers natural gas in Sri Lanka
􀂄 Reliance Capital receives RBI’s approval to sell stake in Reliance Life Insurance
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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