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Saturday, Nov 22, 2008

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Only one in three PSUs can pay higher wages

The Union Cabinet's decision to allow government-owned companies to raise wages of their employees by an average of 67 per cent can successfully be implemented only in a third of the companies which have the financial resources to pay higher salaries. Full Story


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Economic Indicators


YoY (In %)	Current	Qtr Ago	Yr Ago

Inflation (08/11)	8.90	12.91	3.35

IIP (31/08)	1.30	4.40	10.90

GDP (30/06)	7.90	8.80	9.20

CPI (30/09)	9.77	7.69	6.40

CRR (08/11)	5.50	8.75	7.00

Bank rate (11/01)	6.00	6.00	6.00

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