Call rates to stay above 10 per cent
Banking system liquidity was tight through last week. Initially, there was some support through reverse repos under the new Liquidity Adjustment Facility (LAF) but was absent on the last couple of days.

Textile industry feels deprived of CST benefits
Textile manufacturers have asked the petroleum and natural gas secretary to revoke the recent orders restricting inter-state supply of HSD and furnace oil and said that it was rendering a number of units unviable.

Ministry sees decline in external debt-service payments to $8.7 bn
The external debt service payments is projected to decline to $8.72 billion 2000-01 from $9.14 billion in the previous financial year.


  Bad debts erode bank's profits
  Customers flay oil PSUs for ban oninter-state supply of petroproducts
  Calcutta port seeks pvt role for box terminal
  Naini bridge contract procedure in the dock
  Cement firms in city weigh price hike
  International Creative Foods to acquire US brand Brilliant
  Petroleum ministry may pitch for duty cuts to nip price hike
  Redemptions, poor sales pinch MFs in May
  Executive briefing
  Inflation rate dips to 6.43 per cent