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Corporate Economy Expressions Markets Leisure Sunday, March 29, 1998   Vajpayee's government wins trust vote with 274 "ayes" and 26 "nays" The Atal Behari Vajpayee government has comfortably won the confidence vote in the Lok Sabha, ending the ten-day long suspense over its stability with the Telugu Desam Party finally taking the plunge and openly voting in its favour. The two-member National Conference abstained.   India gets $130m aid from global environment body India has received a $130-million aid from the Global Environmental Facility (GEF), an international environmental financial mechanism. The Indian contribution to the GEF was $13 million. The GEF's apex body comprising 161 members will meet for the first time in New Delhi from April 1. Rs 105cr IBRD grant to IDBI for ODS scheme In an exclusive arrangement, World Bank has provided around Rs 105 crore in form of grant to the Industrial Development Bank of India for funding phasing out of Ozone depleting substances(ODS). ODS is used in refrigeration sector, aerosol sector and solvent sector in India. Govt grounds international airport plans at Revas, may alight on Navi Mumbai The Maharashtra government has temporarily put on hold the construction of an international airport in the coastal Revas and Sindhudurg following strong opposition from the locals. Instead, the government now plans to construct an international airport on a build-operate-transfer basis with an investment of Rs 2,215 crore at the sprawling 500 hectare area in Navi Mumbai.   IMF approves $330m grant for Philippines The International Monetary Fund on Friday approved a payment of about $330 million for the Philippines and agreed to make $1.37 billion available over the next two years if Manila needs the cash. Masala manufacturers aren't lapping up TN sales tax sops For the state masala powder manufacturers the Tamil Nadu Government's announcement of sales tax reduction on branded products from 16% to 11% is not good news yet. For, there has been considerable confusion surrounding this issue whether they ought to be taxed at all - with numerous court verdicts and government orders compounding the problem.     Overhaul of financial services in US likely   Rahul Bajaj, KK Modi endorse swadeshi spirit, internal liberalisation   Dutch govt backs 11-member entry into EMU   Decision on Bajoria bail plea next week   "TDP backed BJP to block Cong bid to grab power via backdoor"   Allow FDI for boom in construction sector   Thackeray "happy"   Maharashtra government forced to release Rs 8 crore to spinning mills   A View From The Gallery   Industry wants government to get going   No-objection certificate condition puts projects in Tamil Nadu on hold   Karunanidhi seeks cooperation from workers to attract overseas investment   Japan policy formation reflects chaos at the top   "Lack of political will delays National Information Infrastructure project"