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Tuesday, September 8, 1998

Indian spices exports may fall short of target
India's spice exports in 1998/99 (April-March) are expected to fall short of the state-run Spices Board's target. A statement released by the board on the eve of the 105th Annual Conference of the United Planters' Association of Southern India (Upasi) said India exported 66,145 tonnes of spices in the April-July period worth Rs 5.23 billion ($123 million).

India far from self sufficiency in milk production
India will not be able to produce enough milk for its own population even three years after becoming the world's largest milk producer, according to the country's dairy industry estimates. India produced 74.3 million tonnes in 1997 and was in second position in the world behind USA. However, the milk requirement for the Indian population, on the other hand, was at 85.14 mt with a shortage of more than 10 mt.

Global celltel service-providers face stiff code
The government plans to stipulate stiff norms for global mobile personal communications service providers to cover security risks, including powers to take over the networks in emergencies and public interest. The service-providers will also have to give the government unlimited access to gateways, switching centres, transmission centres, routes for technical scrutiny and inspection.


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Patel Roadways Limited


  US exports to Asia "fallen off cliff"
  Barter deals on the rise in Russia
  World Briefing
  Russia's VTB mulls staff reductions due to crisis
  Atma wants rubber cess hike to go
  Traders may shift to soft oils from S America
  Dubai gold exporters look at Indian markets
  Cairn seeks more drilling in Bangladesh
  Corrupt Kenyan traders replace sugar with sand
  Australian grain prices depressed
  Telecom
  WorldTel to invest $60m via equity into Tamil Nadu Internet centre's project
  Marketplace Briefing
  World Intellectual Property Organisation elects India as chaircountry
  Corporate Briefing
  Mumbai-Nashik expressway project cost trimmed to Rs 900 cr
  IDMA, OPPI case against ministry adjourned
  Dropsy scare props edible oil-makers' fortunes
  Reserve Bank asks banks to go lax on calamity-hit farmers' loan collections
  Maharashtra plans to provide naptha linkage to short-gestation power projects
  74% cap on foreign equity in satellite uplink likely
  Relaxation in import norms sees spurt in smuggling activities
  Hong Kong to tighten market rules
  Greenspan opens door to rate cut
  MP becomes first state to formulate trade policy
  Price stability key to low interest rates

ICRA: An independent investment information and credit rating agency


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