UK port investors dangle $500 million investments
UK-based ports and terminal development investors through a consortia will make an investment ranging between US $50 million and US $500 million in India. These investors, who are the members of the visiting UK Ports and Terminals Group trade mission, have shortlisted Maharashtra, Gujarat, Andhra Pradesh and Tamil Nadu for the development of minor ports, container and oil terminals on build-own-transfer (BOT) basis.

Centre moots super-free trade area for big exporters
The government is working on a plan to set up a no-hassle "super-free trade area" for companies which have the potential to make large exports, according to Union commerce minister Ramakrishna Hegde. Such a zone will free companies from all authorities.

Two-year paper auction on Sept 28
The Reserve Bank of India has announced the auction of a two-year Government of India paper on September 28. The Rs 3,000 crore issue is intended to mop up the rupee funds that banks will receive through the Resurgent India Bonds' proceeds.

  Corporate Briefing
  Japan, east Asia to see prolonged recession, says UN report
  Clinton discusses economic policies with world leaders
  South Korea to merge ailing guarantee insurers
  Commodity Briefing
  Cotton export quota worries industry
  Sugar sector seeks level-playing field
  Lack of infrastructure hits Indonesian rice supplies
  Japanese nickel demand seen down
  Flood management will reduce damage
  20% export growth unlikely
  Textile research centres likely to get one-time grant
  Vajpayee promises more steps to tackle recession
  I-T raids on two groups unearths Rs 5 crore
  Delhi seeks guidelines to monitor global funds flow
  RBI may limit domestic companies' forex liability in commodities hedging
  Centre urged to check dumping of bearings
  Samadhan mirrors "give and tax" approach
  Banks told to gear up for tighter prudential norms
  Hegde injects adrenaline shot to boost exports, widens duty-free import ambit
  Executive Briefing
  Soros dismisses Malaysian currency controls, predicts `disas
  Economic imperialism of $ must end
  Fiscal deficit will be kept at 5.6%, says finance minister
  Airline project
  Crop-specific policies soon to boost farm output, says Sompa
  Govt favours oil PSUs picking up equity overseas
  NPAs
  Centre will recapitalise weak banks
  "India should not opt out of WTO"
  `Asian crisis should serve as a lesson'
  RBI promises a new risk-rating mechanism
  We are confident that we can handle the crisis