The Financial Express -- Economy

Wednesday, December 10 1997

IBRD against govt guarantee to core projects

The World Bank is not in favour of the government providing guarantees to infrastructure projects. Instead, it feels that the government should use the guarantee route as a short-term policy till a complete regulatory framework is in place.

Transmission bill will be through: Alagh

The standing committee on energy is understood to have submitted its report on the Transmission Bill to the Lok Sabha secretariat. This means that the report on the Bill will now come up before the first post-election session of the Parliament and will be accepted irrespective of which government comes.

Reforms too sluggish, lack depth: says Investor AB chief

India has done well in its liberalisation process but the pace is quite slow and the process not deep enough. The reforms should be speeded up and changes brought about fast, chairman of Investor AB of Sweden Percy Barnevik has said. Barnevik also stated that there were many ill-conceived ideas about the country in the minds of foreign investors and they needed to be removed.

Overseas broadcasters air worries over Delhi drama

State braves EC, frames populist plans

RBI allows 19 non-bank entities to do reverse repos

Chidambaram backs Maran on scrapping FIPB

IBRD against govt guarantee to core projects

S Asian countries must act to make Safta a reality

Singapore rolls out red carpet for Indian tourists

Reforms too sluggish, lack depth

Foreign direct investments from New Zealand spurts

Finance ministry concedes defeat on fiscal deficit

Bengal government shown the red card in stadium loan case

Transmission bill will be through