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Thursday, May 28, 1998
  Railway status paper suggests phased hike in passenger fares to ease freight
Concerned at the steadily declining market share in transport, the railways have demanded a level playing field, enhanced capital from the general exchequer, compensation for public service obligations and funding of uneconomic-but-socially desirable projects. The status paper, presented by railway minister Nitish Kumar in the Lok Sabha on Wednesday, has also hinted at the need for a phased increase in passenger fares to ease freight rates.
  Economic Survey to focus on slowdown in ind output, poor export perfomance
The economic survey 1997-98 will focus on slowdown in industrial production and poor export performance, while highlighting concerns over deteriorating fiscal deficit as a per cent of the gross domestic product (GDP). The survey, to be tabled in parliament today, will include statistics for the full fiscal, against the usual April-December figures taken into account while preparing the document on economic achievements.

India is a nuclear weapons state, reiterates PM
Prime Minister Atal Bihari Vajpayee on Wednesday declared in the Lok Sabha that India is a nuclear-weapon state, but had no intention to engage in an arms race. He asserted that the recent tests had removed doubts about the country's nuclear capability while emphasising that the nuclear tests were conducted for self-defence and not for aggression.
Broadcasting Bill unlikely to be tabled in Budget session
The much-awaited Broadcasting Bill is unlikely to be presented in the budget session of the parliament which began yesterday. Though Union information and broadcasting minister Sushma Swaraj has not ruled out the possibility of introducing the bill in the second part of the session, highly placed ministry sources said the chances of the bill coming through in the entire session were remote.


Capexil: The Global Facilitator

Headhunter: Your career guide on the Net

A cancer patient needs help...

 

India, Asean agree to work on long-term trade arrangement
India and Asean have agreed to work out long-term trading arrangements such as counter trade etc. This was decided during the first Asean India working group on trade and investment in New Delhi on May 25-26 while deliberating on the financial turmoil in some of the Asean countries so as to safeguard trade of the region against such financial crisis in the future.

Top-level JBC team going to US for talks on limiting sanctions
A high-powered joint business council delegation visiting the US next week expects to convince the US government and corporations to minimise the impact of the economic sanctions imposed on India. In addition to meeting with chief executive officers of 300 medium and large enterprises, the joint business council is setting up an office at Capitol Hill to persuade the US senators on early lifting of the sanctions.

 


  Rupee fall adds to MSEB woes as Dabhol stake turns dearer
  No successor to Kotaiah at Nabard helm
  Brazil's steel units prepare for new phase
  Industry differs on edible-oil shortage solution
  Traders unfazed by lower coffee estimates
  Vietnam may lift freeze on rice exports
  Australia coal miners score an ominous victory over trade unions' might
  Executive Briefing
  A safe and sound destination for investment
  IBA to restructure on lines of CII model
  Mhada sells HIG flats to government agencies
  PIA to set up exhibition hall at Peenya
  Catch them young to spread tax compliance culture in the lon
  Induction of naval version of ALH hit after US sanctions
  Steel cos may shift to other modes if freight rate is hiked
  FIEO calls for using exchange mechanism in lieu of tariff norm
  Are registered societies of women bound to pay PF?

Touchwood Agrotech Pvt. Ltd.


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