The Economic Times Daily Newsletter

	Dated:December 18,2008

Top Headlines RBI says time ripe for cheaper, easier loans RBI advised banks to cut rates further, citing fall in inflation, easy liquidity & lower cost of funds. Anatomy of credit crisis | Staying afloat in turmoil Inflation rate falls further to 6.84 per cent The sharp drop was triggered largely by the drop in petrol and diesel prices, analysts said. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE Satyam-Maytas deal called off but hostile bid threat looms Satyam bowed to investor pressure and cancelled plans to buy Maytas Properties. Satyam gains 33% in NYSE opening trade | Deal dropped Most Read Story Satyam drops deal to buy construction cos Satyam bowed to investor pressure and cancelled plans to buy Maytas Properties and Maytas Infra. Satyam shares down 30% | Deal dropped due to investor reaction Most E-mailed Story CAs to be barred from non-audit work The government will prevent chartered accountants (CAs) from offering consultancy and advisory services to the companies which hire them for auditing their accounts. Most Commented Story DDA allots 5000 flats; Click here for the list Hundreds of applicants thronged DDA office as the draw for 5,238 flats was held. Latest Updates Godrej Ind to decide on realty IPO 'Interest rates to fall by upto 1%' Motorola bosses take 25% salary cut Chip cos' supplier ASML cuts 1K staff Debates Will Pak really cooperate on terror? Price cuts before realty bailout? Should fuel price cuts have been steeper? J&K poll turnout, end of separatism? Big-ticket job losses imminent in India?		Market Round-up SENSEX 10076.43 361.14 NIFTY 3060.75 106.40 NASDAQ 1579.31 -10.58 DJIA 8824.34 -99.80 RS/$ 47.33 0.49 NSE Gainers Scrip Price(Rs.) %Change megorg 8.65 + 19.31 timtec 34.35 + 19.27 etcnet 85.40 + 19.19 solems 39.80 + 16.54 indinl 52.70 + 16.34 NSE Losers Scrip Price(Rs.) %Change mayinf 308.00 -19.99 themed 76.00 -16.94 concon 200.35 -9.91 pirlif 60.10 -9.01 glephl 298.60 -8.89

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