Cabinet clears two bills to protect IPRs In the run-up to the Seattle round of negotiations at WTO, the Union Cabinet on Tuesday took a slew of decisions including introduction of geographical indication of goods (registration and protection) Bill and Russia to invest Rs 1,000 cr in aided power plants The Russian government has offered to invest around Rs 1,000 crore for renovation and modernisation of power stations set up with Soviet assistance in the country. The proposed investment is likely to be routed through the Power Finance Corporation. US-EU standoff likely to put competition policy on the mat The sharp division between the US and the European Union on such complex trade-related issues such as investment and competition policy may relegate these to the background during the third ministerial Seattle braces for protest in the time of trade Executive Briefing Care downgrades Sicom's FD rating TN weighs cess as escrow cover for Ennore project Combined deficit of 8.5% needs to be halved -- Montek DCR reaffirms India rating China cuts reserve ratio for banks to 6% from 8% to boost economy Japanese bank earnings rebound Bank of Scotland yet to make up its mind on higher bid
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