New Delhi, Oct 23 : Riding on back of lower prices of food and non-food items inflation fell to 11.07 per cent for the week ended October 11, from 11.44 per cent a week ago.

The prices of fruits and vegetables and eggs declined during the week. And in the non-food category, sunflower and raw cotton became cheaper.

On account of lower prices of furnace oil the index of fuel group too declined marginally by 0.1 per cent.

During the week, the prices of other goods that declined were imported edible oil, oilcakes, polyester, staple fibre and ingots of lead and zinc.

Ganderbal (J-K) Oct 23 : Two Hizbul Mu

Varanasi, Oct 23 : Seers in Varanasi offer prayers to holy river Ganges and vow to cleanse it of all the pollutants.

Residents, environmentalists and religious groups, who have formed a ''Ganga Sena'' (Ganges Army-for protection) to save the River Ganga from pollution, took part in the prayers that marked the completion of the first phase of action against pollution.

The plan of action has been divided into three phases. To begin with, the devotees said that they have succeeded in convincing the authorities about the steps that are required to be taken.

Paris - The French government will establish an investment fund to support the country's strategic enterprises affected by the economic crisis, President Nicolas Sarkozy said on Thursday in Argonay, near the Alpine resort of Annecy.

The fund will make available loans to struggling companies in exchange for shares, which will be sold, presumably at a profit, once the company has stabilized.

The aim of the fund, Sarkozy said, will be to protect strategic companies "from predators looking to profit from a firm's undervaluation" to take control of it.

New Delhi, Oct 23 : Finance Minister P. Chidambaram on Thursday advised investors not to indulge in panic sale of stocks.

Chidambaram’s comment came after Sensex (the country’s main stock index) plunged to its lowest since June 2006 amidst a gloomy economic outlook all over the world.

The Finance Minister also assured that there was adequate liquidity in the banking system and that banks should lend aggressively.

Benchmarks opened below psychological levels (10,000 for Sensex and 3000 for Nifty) following sharp declines overnight in US and Asian stocks, which tumbled to

Stockholm - Shares for main Swedish banking groups Nordea, Swedbank and SEB on Thursday declined after they reported third-quarter 2008 results.

While the reports suggested they had weathered the first phases of the financial turmoil, the banks' outlooks were more cautious.

Shares for the three groups initially opened in positive territory but fell off. Swedbank was down 8 per cent and SEB off some 5 per cent early afternoon on the Stockholm bourse.

The fourth major group Handelsbanken, which reported Wednesday, bucked the trend and remained up.