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Tuesday, September 15, 1998

Pharma industry seeks ministry help to lift export ban on new molecules
Leading domestic drug bodies, the Indian Drug Manufacturers' Association and the Bulk Drug Manufacturers'Association have sought the Union commerce ministry's intervention in lifting the ban on the export of new drug molecules. The bar on export of new molecules, yet to be approved in the country, may see the domestic drug industry lose international business worth Rs 100 crore in a span of three months.

Sinha promises relief to revive sentiment
Union finance minister Yashwant Sinha, who has been on an "economy darshan" tour for the last four weeks, will shortly unveil a package of measures that is expected to bring back the small investor into the stock market and revive business confidence in the country.

Cement industry continues to reel under depression
The cement industry continues to remain gripped by an acute depression as production plunged to 5.85 million tonnes in August, from 6.11 million tonnes the previous month. Demand for cement during the monsoons scale down to very low levels and producers deliberately cut production to maintain the price line, according to analysts.


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  IMF short of cash as world financial woes mount
  US machine tool demand fell in July
  Commodity Briefing
  IMF praises Thai economic reforms
  China says its supports APEC trade opening
  Slow probe sparks doubts on Japan watchdog
  Diaper companies hit one another below the belt in all-is-fair game
  Profits at S Lanka's top 20 cos seen up 21 per cent
  Gujarat clamps down on oil adulteration
  Centre to supply enriched flours through PDS
  Trade body adopts "export or perish" policy for survival
  Tata Energy Research plans green rating for corporates
  State ropes in US university to set up institute, data network
  No need to relax non-performing asset norms, says Tarapore
  Thailand economic reforms progress `exemplary,' says IMF
  China central bank plans new branches
  S Korea urges Asian exim banks to ensure trade funding
  Credit bureau set to spur retail lending
  Panel set up to work out uniform taxation policy for states
  Bank mergers are need of the hour
  Suresh Mehta quits Keshubhai Patel's cabinet in a huff
  Alibag airport unviable, say local bodies
  SEBI petition raises key public-interest queries
  Centre unveils policy to regulate data outflow
  Portfolio reshuffle improves BIAF returns
  Asian economies fear a lameduck Clinton
  Uniform sales-tax plan for states in offing
  States piqued, voice concern against move
  Radio-paging firms face high risks in initial phase

ICRA: An independent investment information and credit rating agency


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