Market Roundup

GENERAL

• US says India is 'perfect candidate' for UNSC seat
• Montek: Rain delay and oil prices not to hit GDP
• Cabinet nod for GDN headquarters in India
• Inflation rate inches up to 4.33 per cent
  

• Rupee firms up - securities fall
• Corporation Bank to raise overseas loans of $98mn
• External debt up 7.2 per cent at $120.9bn
• RBI hauls up ING Vysya Bank - slaps Rs5 lakh fine
• RBI: Greater flexibility for corporates in currency exposure
  

MARKETS

• Banga steps down as HLL chief
• Harish Manwani takes over at HLL
• Gopala Pillai is new Chairman of FACT

• Crude futures settle at record levels
• CNOOC- Unocal to begin talks on all-cash bid