- Hindustan Copper (HCL) said it will reopen its closed copper mine at Singhbhum, in Jharkhand, by 2013. (BS) - Maruti Suzuki India's exports have now crossed the 8 lakh units milestone, with 25% of overseas sales accounted for by flagship model A-Star, since 1987-88, when it started selling cars in other markets. (BS) - Jindal Steel and Power said it will start commercial production from the Shadeed Iron & Steel plant in Oman, which it acquired recently for USD 464 mn, by the last quarter of the current fiscal. (BS) Economic and Political Headline - According to a Games Organising Committee, Commonwealth Games 2010 is expected to result in an overall economic impact of USD 4,940 mn on India's GDP during a period of four years ending 2012 and create an employment opportunity close to 24.7 lakh. (BS) - Japan’s deflation moderated and the unemployment rate fell, indicating the nation’s recovery remains intact as policy makers consider stimulus measures to protect the economy from a strengthening yen. Consumer prices excluding fresh food slid 1% in August from a year earlier after falling 1.1% in July, the statistics bureau said in Tokyo. The jobless rate dropped to 5.1% from 5.2%, while the number of people no longer in the labor force increased. (Bloomberg) - Growth in Europe’s manufacturing industry slowed and unemployment held at a 12-year high as a cooling global recovery restrained demand. A gauge of manufacturing in the 16-nation euro region declined to 53.7 in September from 55.1 the previous month, London-based Markit Economics said. A separate report showed that the region’s jobless rate stayed at 10.1% in August, the highest since June 1998. (Bloomberg) Warm Regards, Indiabulls Securities Limited