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INTERNATIONAL
DSE executives held for hacking, theft of software
Dhaka: Two executives of a broker of the Dhaka Stock Exchange (DSE) have been handed over to police on charges of hacking and stealing the bourse's surveillance software.
NATIONAL
Industry hails CRR cut, seeks BR reduction
Bombay: India's central bank on Saturday slashed the Cash Reserve Ratio (CRR) by 50 basis points to 7.5 per cent, freeing resources totalling Rs 45 billion ($ 978 million) for commercial banks.
Enron's DPC may benefit from tax reductions
Mumbai: Enron's Dabhol Power Company (DPC) could benefit from tax concessions from the Maharashtra government as part of a renegotiated power purchase agreement (PPA) with the Maharashtra State Electricity Board (MSEB), state government sources said on Saturday.
RBI cuts banks' CRR by half per cent to 7.5
New Delhi: India's central bank on Saturday cut banks' cash reserve ratio (CRR) to 7.5 per cent from eight per cent to boost liquidity in the banking system.
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