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Friday, April 23, 2010

NTPC may raise $500 mln in foreign loans

India's top power utility, NTPC Ltd, may raise $500 million through external commercial borrowings this financial year if it gets favourable rates, its finance head said on Friday. A K Singhal said the firm was comfortable with a rate of interest of 5.5-6 per cent.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jul 17
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.0% 4.9% 5.3% Revised from 5.2%
11:30 Average Earnings Including Bonus (3Mo/Yr) 2 5.0% 5.0% 5.4% Revised from 5.3%
11:30 Imports (MoM) 1 18,350M 19,448M Revised from 19,469M
11:30 Exports (MoM) 1 24,140M 23,456M Revised from 23,300M
11:30 Trade Balance 1 5,790M 4,008M Revised from 3,831M
18:00 Retail Sales (YoY) 1 3.3%
18:00 Retail Sales ex Autos (MoM) 2 0.3% -0.3%
18:00 Retail Sales Control Group 3 0.4%
18:00 Retail Sales (MoM) 3 0.1% -0.9%
18:00 Initial Jobless Claims 2 235K 227K
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