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Tuesday, April 6, 1999

Overseas Indians lobby for equity stake in insurance ventures
Overseas Indians, led by the Hindujas, have begun hectic lobbying with the Union government for allowing non-resident Indians (NRIs) to pick up equity stake in new private sector insurance companies.

Shipping sector urged to cash in on LNG transportation boom
Chairman of Jawaharlal Nehru Port (JNP), MP Pinto, has urged the Indian shipping industry to aggressively enter the LNG transportation sector, if it wants to survive in the long run.

Centre sets up panel to rationalise tax structure in mining sector
The Centre has set up a multi-disciplinary committee to suggest an appropriate tax regime for mining and mineral-based industries. The panel would examine the existing tax regime and suggest a tax structure conducive to rapid development of minerals and mineral-based industries.


Inspirations furnishing fabrics


  India repeatedly violated pact on textile products -- EC
  Pakistan edible oil imports fall on duty hike
  Kelkar differs with Jalan, seeks interest rate cut
  Panel set to take up Contract Act, Debt Recovery Tribunal Act on April 10
  Per capital foodgrain availability set to decline
  Inflation expected to be low this year, says I-Sec report
  Centre borrowings may overshoot budget target by 20%, says JP Morgan
  Chinese farm reforms at crossroads
  Centre revises foreign investment norms
  Jaya withdraws ministers as Atal refuses to budge
  Interim decision on Parekh's dismissal today
  Investors reap windfall in UGS 10000
  Executive Briefing
  Market-Place Briefing
  Largesse to imported food items may spell doom for domestic industry
  Electrolux chief blanches at white goods
  Gujarat govt earmarks Rs 13,000 cr for ports
  South to get more power from Gajuwaka-Jeypore HVDC link
  Polnet -- A satellite-based network to connect police stations



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