The Financial Express -- Economy

Wednesday, August 6 1997

Cabinet approval must for setting up new airports

Proposals to set up new airports in the country will have to get mandatory approval from the Union Cabinet. The move perceived to prevent any minister holding the civil aviation portfolio from setting up airports in their constituencies or home towns.

Maharashtra government to defer decision on land sale proposals

The Shiv Sena-BJP alliance government in Maharashtra has decided to defer its decision on land sale proposals by 19 mills run by the National Textile Corporation (NTC) following the embarrassment over the Modern and New Great Eastern episode.

Spending boom of Indian middle class set to consolidate further

The Indian middle class which constitutes a huge market for consumer goods, has doubled over the last decade and is set to explode in the coming years.

Preserve account books for 8 years at business place

Ministries agree on risk sharing for liquid fuel supply

DoT-DoE wrangle delays decision on software exports

Foreign currency loans to be dearer

Employment programme to be unveiled on August 15

Threshold limit for NBFCs may be raised to Rs 50 lakh

Japan finance workers worried by Big Bang reforms: survey

Stern action on mills violating development control rules

Market roundup -- Call Money

Centre may stonewall coffee import

RBI dollar buying inflationary: I-Sec

Domestic French investment set to gallop

Tata research body to rate firms on eco-friendliness

Trade briefing -- Decision soon on used-tyre imports