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Thursday, December 2, 1999
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Protesters run riot, shut down Seattle

Anti-trade demonstrators at Seattle threw the third ministerial conference into chaos forcing postponement of the inaugural session on Tuesday.

Focus should be on more market access -- Maran

India has sought full implementation of Uruguay Round agreements for increasing market access while opposing inclusion of labour, investment and environment issues in WTO agenda, but expressed willingness

Exports leap 22% in Oct

Exports registered an increase of 21.65% during October 1999 touching $3.15 billion as compared to $2.59 billion during the corresponding month last fiscal.

Ministry asks state-run banks to draw up VRS to snip costs

The finance ministry has directed all public-sector banks to draw up a voluntary retirement scheme (VRS) in a bid to reduce their establishment expenses by 20-50% and increase business per employee.

Mock trades on bourses

The markets could very well be preparing for a Millennium bash rather than losing sleep over the Y2K problem. The reason: They have enough time to test their systems on real-time basis after the deadline.

Executive Briefings

bullet.jpg (687 bytes) Fiscal deficit shoots up by 22%

bullet.jpg (687 bytes) Centre imposes 50% duty on wheat imports

bullet.jpg (687 bytes) Cong links support for insurance bill to 4 crucial amendments

bullet.jpg (687 bytes) Ruias and Marathon may fail to keep Essar Power deal date, extend deadline

bullet.jpg (687 bytes) ICICI- UTI spat over realty sale puts paid to Nirlon's revival plan

bullet.jpg (687 bytes) Dunlop stumps FIs, wins accounts-adoption poll

bullet.jpg (687 bytes) GTB scours for partner as US ally sells 6.88%


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