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Wednesday, July 7, 1999

NRI inflows crossed $21 bn in March
Inflows from non-resident Indians (NRIs), through deposits, reportedly crossed the $21-billion mark in March 1999 for the first time since economic reforms were kicked off in 1991.

Orissa steel projects continue to be jinxed
The steel projects lined up by the Orissa government in the last decade are facing problems due to inadequate infrastructure, financial crisis and the slump in the steel market.

Cabinet allows private players in FM
The Cabinet has approved private participation in frequency modulation (FM) radio broadcasting in four metros and 36 cities. Nearly 150 new channels will be available to the private sector under the new policy.



  Decline in Malaysian palm oil prices lures Indian importers, say traders
  Assam rice production up at 33.83 tonnes
  Board awaits Coffee Act change to up output
  US steel anti-dumping case may favour India
  Housing finance companies disbursals jump 30% in Q1
  12 state finance corporations to seek fresh capital infusion
  Software firms may post strong first-quarter sales
  Special audit shows Rs 3,533-cr revenue loss in Vabal scheme
  Cabinet clears eight PSUs for divestment
  Revenue-sharing in telecom okayed
  Briefing
  Britain's galvanising industry seen reviving
  Break in monsoon hits soybean sowing in MP
  Concession agreement for BOT projects finalised
  SIMA for review of customs duty on raw materials
  Briefing
  NMDC to install India's first Romelt plant
  Row over expansion of rare mineral plant in Kerala
  Executive Briefing
  Bank, FI CEOs opt for disclosure, report lower net



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