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Tuesday, March 18, 2008

Reliance Power clarifies on news item

With reference to the news item appearing in a leading financial daily titled "R-Power buys Indonesia mine", Reliance Power Ltd has clarified to that the Company and its subsidiaries, as part of their regular business activity, enter into agreements / arrangements to further their businesses including sourcing fuel for projects of Reliance Power Ltd.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jun 12
18:00 Producer Price Index (MoM) 2 0.1% 0.2% -0.2% Revised from -0.5%
18:00 Producer Price Index (YoY) 2 2.6% 2.6% 2.5% Revised from 2.4%
18:00 Producer Price Index ex Food & Energy (YoY) 3 3.0% 3.1% 3.2% Revised from 3.1%
18:00 Producer Price Index ex Food & Energy (MoM) 2 0.1% 0.3% -0.2% Revised from -0.4%
20:00 EIA Natural Gas Storage Change 1 109B 108B 122B
21:00 4-Week Bill Auction 1 4.17%
21:30 USDA WASDE Report 1
22:30 30-Year Bond Auction 1 4.819%
Friday, Jun 13
04:00 Business NZ PMI 2 53.9
14:00 Consumer Inflation Expectations 2 3.4%
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