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WEEKLY NEWS(28 Nov – 05 Dec, 2010) BY : SHREYA GABA
LIC to invest Rs 61,000 cr in equity market this fiscal This year we are likely to invest around Rs 61,000 crore (in equity market)," LIC Managing Director Thomas Mathew told.  Last year, total profit by churning portfolio was Rs 9,400 crore full year. However, during this year till mid-October LIC has earned Rs 12,000 crore by churning portfolio. State-owned Life Insurance Corporation (LIC) manages assets worth over Rs 12 lakhcrore.
World bank approves $45 mn loan to NHAI ,[object Object]
Forty per cent of the total road traffic in India plies on the National Highway (NH) network and this share is likely to increase with vehicle growth touching 10 per cent per annum in recent years.,[object Object]
Food prices for the week ended November 20 rose 8.6% from a year ago, down sharply from 10.15% in the previous week.

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Weekly news (29 nov 5dec)

  • 1. WEEKLY NEWS(28 Nov – 05 Dec, 2010) BY : SHREYA GABA
  • 2. LIC to invest Rs 61,000 cr in equity market this fiscal This year we are likely to invest around Rs 61,000 crore (in equity market)," LIC Managing Director Thomas Mathew told. Last year, total profit by churning portfolio was Rs 9,400 crore full year. However, during this year till mid-October LIC has earned Rs 12,000 crore by churning portfolio. State-owned Life Insurance Corporation (LIC) manages assets worth over Rs 12 lakhcrore.
  • 3.
  • 4.
  • 5. Food prices for the week ended November 20 rose 8.6% from a year ago, down sharply from 10.15% in the previous week.
  • 6.