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News of the day
Independent office to evaluate govt schemes soon: Montek
The Planning Commission today said it will soon set up a separate independent evaluation office (IEO) to assess the progress of the government"s flagship schemes in benefiting the poor.
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Govt imposes stock limit on bulk sugar consumers
The government today imposed stock limit on bulk sugar consumers, allowing them to keep quantities sufficient for only 15 days of their consumption at any point of time. The stock limit would be in force for six months and would be applicable to consumers whose monthly sugar consumption is at least one tonne, the government said in a statement. The move will affect confectioneries, large biscuit and beverage producing units.

Rupee at 16-month high, rises to 45.34/$
The rupee today rallied by 42 paise to close at a 16-month high of 45.34 against the US dollar on heavy selling of the American currency by exporters and banks amid flat local equity markets.