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Sensex still in red; Tata Motors tumbles 5%
The Sensex remains in the negative zone and is now at 16,808, down 35 points.

State gets Rs 431 cr from Nabard for rural infrastructure
The National Bank for Agriculture and Rural Development today said it has sanctioned Rs 121.05 crore as loan to Karnataka to build rural infrastructure projects like roads and bridges, minor irrigation structures, secondary schools, anganwadi buildings, rural godowns and markets and fish jetties in various districts.

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Victoria Premier invites India businessmen to invest
Premier of Australia"s Victoria provience, John Brumby said victoria was one of the attractive destinations for trade and business investment and opportunities and invited Indian companies to invest and expand their global operations in Victoria.
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Govt rules out additional borrowings for 2009-10

The government today ruled out any increase in its borrowing programme for the current fiscal and said expenditure needs due to failed monsoon would be met with additional tax and adjustments within the budget. "As of now, there is no intention to borrow more than what we have already indicated, that itself is a fairly robust and substantial borrowing programme," Finance Secretary Ashok Chawla told private news channel ET Now.


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