Equity/Market/Economy Alert

* RBI comes down on unsolicited credit cards
* Finance secretary says India growth story still "credible, intact".
* RBI Reddy meets Chidambaram ahead of Tue policy review.
* PNB Apr-Jun MTM loss on treasury ops pegged 1.5 bln rupee.
* Oriental Bank of Commerce Apr-Jun net 2.2 bln rupees.
* Union Bank of India Q1 MTM loss 3.39 bln rupees vs 200 mln yr ago.
* Govt says Railways to increase trains to import cement from Pakistan.
* Grasim Industries Apr-Jun standalone net 5.14 bln rupees.
* Educomp Solutions Apr-Jun net 167.74 mln rupees.
* Godrej Consumer to up soap prices on rising veg oil costs.
* Corus to up UK steel structural section price by 60 pound/tn
* Hindustan Construction Apr-Jun forex loss provision 506 mln rupees.
* Exide Industries to invest 1.8 bln rupees on expansion FY09.
* India adds 8.81 mln phone connections Jun vs 8.46 mln May.
* Met sees improvement in rainfall scenario in next few days.
* Govt says no plan to decontrol sugar sector as of now.

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