01 August 2011

1 August: Economic and Political News 􀂄 - Angel Broking,

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Economic and Political News
􀂄 Fiscal deficit surges four-fold in April-June
􀂄 Government approves National Social Security Fund
􀂄 Government’s outstanding loans at `233.3bn in July 22 week: RBI
􀂄 Spices export jumps 21% in 1QFY2012
􀂄 Domestic aviation traffic growth at 14%: IATA
􀂄 Deficit in rainfall rises to 4%, fuels Kharif sowing fears
Corporate News
􀂄 ONGC, Sistema may soon merge assets in Russia
􀂄 Max to set up four new hospitals at `500cr this year
􀂄 ICICI Bank acquires 29.3% in GTL
􀂄 GVK Power likely to finalise Hancock deal in two months
􀂄 IIFCL to raise `3,500cr via infra bonds
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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