what is meant by REPO rates what is the use of reducing it

I took a home loan from a leading private bank under the floating rate scheme(I have rented this property). My father is interested in prepaying a portion of the loan on my behalf. Can I take a loan from my father to prepay a portion of my existing home loan from the bank and enjoy the tax benefit, can I repay the loan taken from my father in an EMI basis just like the normal loan from bank? Also what is the documentation(with my father) I would require to claim the tax exemption.

i m gng to appear for my 2009 pcc exams in may... so i request you any of my friends to send me the good books to be read finally on each subject b'fore appearing.
thanks in advance...

CAN ANYONE PLEASE PROVIDE A DETAILED INFORMATION ON THE FOLL TOPIC :

1. Technology as a tool for financial
management.

AS SOON AS POSSIBLE AS I NEED IT FOR PARTICIPATING IN THE CONFERENCE.

Is AS 18 applicable in financial year 2007-08 for a private limited company having authorised and paid up capital of Rs. 10/-lakhs.

Hi,
freinds I am purshuing pcc & my attempt for examination is due in nov.09 & I want to ask that when I can join compulsary computer training? & also i want informations regarding this training?

Dear forum, I want to know the due date of payment and returns of ESI in Andhra Pradesh and Interst/Penalties for non-compliance with the due dates.

how to compute inflation for every week, what is the year inflation. any effect in cost index inflation. fin year 2008-2009 cost index inflation

Question2:The price of the pound sterling was quoted at $1.80 in New York and on the same date the DM spot rate was quoted at $0.40.
(i)What would you expect the price of the pound to be in Germany?
(ii)If the pound was quoted in Frankfurt at DM 4.40/pound, what would you do to profit from the situation?

Can anyone provide me the details of hedging?