FDI policy for advertisement, film sectors finalised
The Union information and broadcasting ministry has finalised the foreign direct investment (FDI) policy for the advertisement and film sectors. The ministry is planning to allow up to 74% foreign equity in advertisement ventures which in the case of films may go up to 100%.

Centre to restore divesment panel in 10 days
The Government will take a decision on restoring the powers of the Disinvestment Commission within 10 days. Commission chairman GV Ramakrishna, who met finance minister Yashwant Sinha on Wednesday, said that the Government has taken a "positive view" with regard to giving more powers to the disinvestment panel.

Annual Plan outlay for ports fixed at Rs 1,600 crore
The 1999-2000 Plan outlay for the port sector has been fixed at Rs 1,600 crore. This is 60% more than that of the current year and more than double of the 1997-98 outlay when the sector got Rs 700 crore.

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