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Food security law can't cater to APL families
The central pool of food grains is insufficient to provide for families above the poverty line (APL) who are covered by the Targetted Public Distribution System (TPDS), if they are to be all included in the proposed National Food Security Act, show data from the Planning Commission.

Geely preferred bidder for Volvo unit
Ford Motor Co narrowed talks on the sale of its Volvo Car unit to one bidder, a consortium led by China’s Zhejiang Geely Holding Group Co.

News of the day

Marico FY09 net profit at Rs 189 cr
FMCG major Marico today said its consolidated net profit for the year ended March 31, 2009 stood at Rs 188.71 crore, while it had a net profit of Rs 169.07 crore in the same period ended March 2008.
Home Business

Asian markets move up

Asian markets have recovered from the lows of the day. The Hang Seng has added 376 points (1.7%) to 21,873. The Nikkei has slipped 92 points (1%) to 10,546. - Asian markets subdued in morning trades - Asian markets lacklustre - Asian markets up smartly - Positive bias prevails across Asia - Asian markets end in green - Cues from Asian market, RBI worries drag Sensex The Taiwan Weighted has advanced 76 points (1%) to 8,188. The Shanghai Composite is up 16 points at 3,278. The Seoul Composite and the Straits Times have moved up 0.62% each. ________________________________________________ (Updated at 0828 hrs) Asian markets are mixed this morning. The Hang Seng has advanced 135 points to 21,632. The Nikkei, however, has slipped 92 points to 10,546. The Taiwan Weighted has added 28 points to 8,141. The Seoul Composite is up 10 points at 1,683. The Shanghai Composite and the Straits Times are flat.


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