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BJP walks out over Copenhagen; Ramesh terms it pre-planned
Government today said it will not compromise on India"s interests at the Copenhagen climate change summit, but a dissatisfied opposition walked out in the Rajya Sabha.

R.I.P.
The decade that’s just passed saw a lot that we took for granted pass into the realm of obsolescence

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Patni allots 2.11 lakh shares under stock option plan
IT solutions provider Patni Computer Systems today said it has allotted over 2.11 lakh underlying equity shares to Bank of New York and certain employees under the stock option plan.
Online Business

Rupee drops before interest-rate decision

Bloomberg / October 27, 2009, 0:05 IST Rupee fell before the central bank’s decision tomorrow on interest rates while importers bought dollars to settle month-end bill payments. Jan cement sales in high double-digit Demand for the US currency probably rose from companies such as Indian Oil Corp, the nation’s largest refiner, after the price of crude oil climbed almost 14 per cent in October, the biggest monthly increase since May. Reserve Bank of India Governor Duvvuri Subbarao will leave the bank’s overnight lending rate, or repurchase rate, unchanged at 4.75 per cent. Bonds gain 10-year bonds gained for the first time in three days on speculation the central bank will keep its benchmark interest rates at record lows following a quarterly policy review tomorrow. The nation should maintain an “accommodative” monetary policy until an economic recovery gathers strength, to Prime Minister Manmohan Singh’s economic advisory council chairman C Rangarajan, said last week.


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