Corporate Results of over 2500 companies
Saturday, November 20, 1999

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Sinha has spoken
Yashwant Sinha is justifiably optimistic about economic growth moving into the 6.5% to 7% range this year (6% last year). Available indicators point to a buoyancy in growth in industry and services.

A wrong move
The Government is considering a separate regulator for non-banking finance companies (NBFCs). This appears to be a fallout, albeit belated, of the unseemly tussle which had developed between the RBI and Sebi over the responsibility for the CRB fiasco.

More teeth for Article 15 will benefit Third World
Article two of the Anti-dumping Agreement (ADA) defines what dumping is. We can conceptually distinguish between two forms of dumping: Price dumping, ie, the selling at a lower price abroad than in the home market; Cost dumping, ie, selling below cost in an export market.

Intermediaries need to take a re-look at FDI
India has become a permanent feature in the investment horizon of foreign portfolio investors. We opened up our markets to FIIs some six years ago and till date the investments have been consistently on the rise.

Give subsidy directly to farmers
In fiscal 1999-2000, which will end on March 31, 2000, we will have used 21.5 million tonnes of urea, 6.3 million tonnes of DAP, 3.7 million tonnes of SSP, 4.5 million tonnes of various complex fertilisers other than DAP,

Rajdhani of `container' service
A new breed of low-height flat wagons for containers, fitted with slackless drawbar, automatic twist locks, load-sensing device for varying braking force proportionate to loads etc, has ushered in an era of a fast and



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