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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
Friday, Jun 13
18:00 Manufacturing Sales (MoM) 1 -2.8% -2.0% -1.4%
19:30 Michigan Consumer Expectations Index 2 58.4 47.9
19:30 UoM 1-year Consumer Inflation Expectations 2 5.1% 6.6%
19:30 Michigan Consumer Sentiment Index 3 60.5 53.5 52.2
19:30 UoM 5-year Consumer Inflation Expectation 2 4.1% 4.2%
22:30 Baker Hughes US Oil Rig Count 1 442
Saturday, Jun 14
01:00 CFTC Gold NC Net Positions 1 $187.9K
01:00 CFTC Oil NC Net Positions 1 168K
01:00 CFTC GBP NC Net Positions 1 £35.2K
01:00 CFTC AUD NC Net Positions 1 $-63.2K
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