Thursday, December 8, 2011

Date: 08th Dec 2011

Important News of the Day


1. Industrial output shrank to -7% from 1.9% in Oct.
2. PMLA- Prevention of Money Laundering Act.
3. CDS (Credit Default Swaps) debuts in India with IDBI Bank deal. CDS is a contract that provide protection against risk of borrowers defaulting.
4. ITC Hotels honoured with 'Best Employer' National Award.

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