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Centre may relax jute packaging norms
With uncertainty prevailing over the supply of jute bags due to the indefinite strike of the jute mills in West Bengal, the Centre plans to allow Food Corporation of India (FCI) and the other government procurement agencies to place orders for polymer bags for packaging of food grains. http://smallpersonalloans.org.uk

STATSGURU - 01 January 2010
Business Standard / New Delhi January 1, 2010, 0:28 IST

News of the day

MF inflows dip by 68% in Nov to Rs 45,124 cr
Investments in mutual fund schemes saw a sharp 68 per cent decline in November to over Rs 45,100 crore over the previous month, as investors preferred to stay away from equity market.
Public Relations

Markets marginally down

The Sensex is now at 17,664, down 23 points. The NSE Nifty is at 5,268, down nine points. ______________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The Sensex is down 13 points at 17,674. Maruti Suzuki has dropped 2.6% to Rs 1,475. Hero Honda has declined 1.4% to Rs 1,692. IT stocks continue to trade weak. TCS and Wipro have shed 1.5% each to Rs 740 and Rs 694, respectively. Infosys is down 1.3% at Rs 2,586. Hindalco has slipped 1.7% to Rs 172. Other losers in the index include Reliance Infrastructure, Hero Honda, Jaiprakash Associates and BHEL. However, ICICI Bank has added 1.5% to Rs 901. NTPC and Tata Power are up 1% each. The market breadth is marginally positive. Around 643 stocks have advanced while 587 have declined on the NSE.


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