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Wednesday, January 23, 2008

Reliance SEZ proposal among a dozen cleared

Board of Approval for Special Economic Zones (SEZ) today gave its nod for a dozen proposals including one in-principle approval for a multi-product SEZ by Reliance in Jhaijar district, Haryana.

The BoA, which was to meet on January 18, met here on Monday under the Chairmanship of the Commerce Secretary, Mr Gopal K. Pillai. He informed the board that so far 428 SEZs have been granted formal approvals out of which 194 have been notified as on date. A sum of Rs 52,193 crore had been invested in these notified units.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
20:00 EIA Crude Oil Stocks Change 1 0.515M 0.400M 2.553M
20:00 BoC Press Conference 3
21:30 Fed's Hammack speech 2
22:30 20-Year Bond Auction 1 4.810% 4.632%
23:00 Fed's Chair Powell speech 3
Thursday, Apr 17
01:30 Total Net TIC Flows 1 $-48.8B
01:30 Net Long-Term TIC Flows 1 $35.2B $-45.2B
04:15 Consumer Price Index (YoY) 3 2.3% 2.2%
04:15 Consumer Price Index (QoQ) 3 0.7% 0.5%
04:30 Fed's Schmid speech 2
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