Power-sector outlay in Ninth Plan flares up
Financial outlay for the power sector during the Ninth Plan period (1997-02) has been revised upward to Rs 1,31,151.96 crore from the original estimate of Rs 1,25,771.47 crore. The total capacity addition during the plan period has been pegged at 40,245 MW.

GTB seeks RBI nod for clearing job
Private sector Global Trust Bank has sought Reserve Bank of India's (RBI) nod to become an institutional clearing member at the domestic coffee futures exchange in Bangalore. Global Trust Bank is the third to seek RBI permission to become an institutional clearing member at the coffee futures exchange.

Anubhav chief admits liquidity problem
The Anubhav group has sought to assure investors that it has enough assets to meet all its liabilities. This is in response to reports in a section of the media depicting the group in a poor financial situation.

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