1. Updated news till 5 Nov.
by….
Deepika Bansal

2. Advised investors to stay put with coal
India ltd to multiply their fortunes
Coal India is actually gold India for the
investor community
Ended the week up 43 per cent at Rs 349.65
a share on the Bombay stock exchange
CIL generated Rs 15,200 Crore for the
government in the 4-day IPO
Coal India is Gold India, stay with it:
Govt to investors

3. Proud to visit India so early
in presidency: Obama
 proud to visit India so early in my presidency,
he said
 India is not simply emerging, India has
emerged
 India is not simply emerging, India has
emerged

4. Tata's Nano catches world's
most powerful man's eyes
 Barack Obama checked out the world's cheapest
car Nano
 Michelle immediately expressed the desire to
see the car that revolutionised the auto industry
 After years of hard work,Tata fulfilled his
commitment to bring the world's cheapest car
on road for Rs one lakh last year

5. BSNL to get additional subsidies,
compensation for WiMAX operations
 BSNL is set to get additional subsidies to
support its landline business
 Measures to improve the revenue streams of
the telco
 Asked the Centre to compensate BSNL suitably
for its capital and operational expenditure for
rolling out wireless internet services on the
WiMAX platform in rural India

6. RBI doubles online money
transfer limit via RTGS to Rs 2
lakh
 The Reserve Bank has doubled the threshold limit
for electronic fund transfers using the RealTime
Gross Settlement (RTGS) system to Rs 2 lakh
 The RTGS system facilitates high-value transfers of
money from one bank to another on a real-time
and gross basis

7. Cont…………………………
 central bank handles around 60,000 RTGS and
around 50,00,000 cheque clearing transactions per
day
 RBI has created a new value band in its 'near real-
time' National Electronic FundTransfer (NEFT)
system to cater to retail bank customers
 banks pay processing or service charges to the RBI for
electronic fund transfers, which are in turn passed on
to customers