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Saturday, November 21, 1998

Political system a drag on the economy
My apprehensions have come true. I had pointed out in this column last week that it is difficult to put faith in Vajpayee's promise of pumping in Rs 28,000 crore in highway projects.

New cotton year may end with high stocks
For the new cotton year, started with October 1998, the Cotton Advisory Board (CAB) has placed its first estimate of India's raw cotton crop at 168.75 lakh bales. The trade estimates also pegged the figure between 165-168 lakh bales.

Powerloom sector ask for service cooperative
The powerloom weavers must be equipped with marketing capabilities to avoid exploitation by the middlemen who depriving them of a reasonable margin.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Cotton yarn stocks pile up on excess capacities
  Keep an eye on resistance levels to measure market sentiment


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