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White paper on Rly's financial health likely on Dec 21
Amid increasing concern over financial health and rising operating cost, Railway Minister Mamata Banerjee is expected to table a white paper on the actual condition of the PSU on December 21, the last day of the winter session of Parliament.

Action from India, China needed on climate change: US
US has said "meaningful action" from India and China is necessary to make any substantial progress on climate change.

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Short-term support expected at 5,000, resistance above 5,200
The Nifty closed above 5,000 due to short-covering on healthy GDP numbers for the September quarter and easing of concerns about the debt default in Dubai. The Nifty December futures saw short-covering above 5,030 and there was long build-up below 5,010. In the end, futures shed 813,250 shares in open interest (OI) and closed at four points premium to the spot, indicating unwinding of short positions.
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13 railway sidings in Keonjhar asked to stop operations

The Orissa State Pollution Control Board (OSPCB) has issued direction to thirteen Railway sidings in Keonjhar district for causing pollution. - Naveen asks industries to promote local jobs - Panel to decide BF-sponge mix for steel making - Cabinet okays new corporate governance manual - First SBI banking outpost comes up in Ganjam - Posco Foundation formed - 1320 Mw TTPS expansion by 2010 These units were violating the guidelines framed by the OSPCB for checking pollution at mineral stock yard and Railway sidings, said chief minister Naveen Patnaik. Replying to a query in the state assembly, Patnaik said, Global Associates (Bolani), Barbil Railway Station (SE Railway), Nayagarh Railway Station (East Coast Railway), Joruli Railway Station (SE Railway), Banspani Railway Station (SE Railway), Deojhar Railway Station (SE Railway) and Parjanpur Railway Station have been issued directions to stop operations. Similarly, Keonjhargarh Railway Station (East Coast railway), Bileipada Railway siding of Tata Sponge Iron Ltd, Bolani Railway Station (SE Railway), Essel Mining and Industries Pvt Ltd (Barbil) and East India Minerals Pvt Ltd have also been served notice for stopping operations


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