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Monday, March 29, 1999

India is a top priority nation for us -- Israeli envoy
From $202 million two-way merchandise trade in 1992 to $670 million in 1998, a three-fold jump, is no mean achievement for countries which for four decades found it politically inconvenient to enter into a diplomatic relationship.

Centre beats target, mops up Rs 6,620 crore through PSU divestment in 1998-99
The Centre has raised Rs 6,619.74 crore through the disinvestment of its holdings in public sector undertakings (PSUs) in 1998-99 against the targeted amount of Rs 5,000 crore set out at the beginning of the year.

Heat wave prevails in Rajasthan, UP
Heat wave continues to prevail in parts of Rajasthan and in the plains of UP. The day temperatures were above normal by 2øC to 4øC in east Madhya Pradesh, Orissa, Bihar, West Bengal, Sikkim and north eastern states during the week ended March 24.


Inspirations furnishing fabrics


  Exim policy likely to revise DEPB rates
  Multi-utility vehicles buck exports trend; Maruti, Benz skid off track
  RBI to miss March 31 deadline for Y2K compliance
  ISPs need to watch out for hackers, says IBM official
  Scars of recession inhibit Japanese investments
  Mahajan's uniform code does not go well with pvt operators
  China to open insurance market in a bid to join WTO
  Digital video, audio broadcasting to commence this year
  Telecom Briefing
  Stock options must not be taxed as perks -- Ficci
  IRA draft regulations vest more power with actuaries, slight firms
  Telecom policy ambiguous about regulation -- Analysts
  OCC undecided over Numaligarh evacuation
  PFC seeks $250-million loan from ADB
  Public sector banks pile up Rs 137cr bad debts in credit cards business
  CVC re-constitutes board on bank frauds
  Economy Briefing
  Dip in food prices pins inflation rate down to 5.14%
  Fernandes, Sinha will not be shifted, says Vajpayee
  Government clips powers of apex drug pricing authority
  Opposition scuttled move to hand over advisor charges to JPC
  Bengal leaders vow to chalk out revival package
  Marine export target to fall short by $150m
  Dry spell hits Bengal boro, jute crops
  Executive Briefing
  Improve quarantine infrastructure, says panel
  `Awareness of packaging as marketing tool a must'
  Financial Briefing
  Truck rates to fall
  Spinning mills oppose excise duty hike
  Rationalisation of textile duty hits cotton EOUs
  Gujarat cotton marketing yards face an oversupply situation
  Blended yarn makers fear units' closure over excise duty issue
  Jute exports may cross Rs 800 cr, says JMDC
  Plastic exports may fall short of target this fiscal



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