Ministry exhorts cabinet to accept Kelkar advice on IA in toto
The ministry of civil aviation has once again insisted on the acceptance of the Kelkar committee recommendations on Indian Airlines in toto.

Interest-rate dip stings banks' deposit mopup
Softening of interest rates in the past one year -- by around 100 basis points -- has adversely affected deposit mobilisation by commercial banks. This has also failed to have the desired impact on non-food credit, which has continued to decline.

Thackeray asks government to provide free electricity to farmers
Shiv Sena supremo Bal Thackeray has, in yet another bid to re-establish supremacy in Maharashtra, directed the state government to provide free electricity to farmers on the lines of Punjab.

  More Thai ministers quit scandal-plagued government
  Candico vs perfetti
  Raffles boss unfazed by Cambodia's political turmoil
  US West to appeal FCC rejection of long distance deal
  Schroeder's new German government takes shape
  IBRA expects premium on pledged assets
  Australia goes to the polls, reluctantly
  Japanese firms' credit ratings likely to slip
  World Briefing
  IMF predicts bleak future for global economy in 1999
  Australia sugar still hit by weather woes
  Thais soften stance on INRO membership
  US refinery sector in demand slowdown
  Tin premiums seen easing slightly to lure offtake
  Japan sugar demand seen shrinking
  Move to allow soyabean import under advance license shelved
  IMF fears global recession, prescribes cut in interest rates
  Clinton waiver powers may not transslate into lifting of sanctions
  Marketplace Briefing
  I-T department spots 30 lakh potential assessees in city
  Planning board takes stock of state's brittle financial status
  Executive Briefing
  Hazira set to become model port on western seaboard by 2001
  India seeks funds from multilateral agencies to tackle infrastructure problems
  Phdcci wants legal set-up for venture capital funds