MoST considering Karnataka govt proposal on Karwar port
The ministry of surface transport is examining a proposal for a joint venture between the New Mangalore Port Trust and the Karnataka government for developing a minor port at Karwar.

FSA to consult with RBI on Indian branches in UK
In a substantial climbdown from its original stance, the Financial Services Authority (FSA) of London has agreed not to take any unilateral decision on Indian banks operating in the UK.

Inflation falls to 20-year low of 2.03 per cent
Inflation rate dropped sharply to a record two-decade low of 2.03% for the week ended June 26 as prices of food articles and primary commodities continued to decline.

  Kerala seafood units go for pro-investor states
  Ministry gropes in dark for cotton output estimates
  Tea exports to remain below 200m kg mark this year, says industry
  Centre spurs LPG consumption via swaps
  Iraq needs to import more oil industry gear
  Paint industry draws up plan to hike exports
  China oil major unlikely to renew agreement with Japan
  Throughput of POL products at Haldia crosses 1 lakh tonnes
  Rates likely to remain steady
  Tough standard norms threaten domestic dairy exporters
  Mexican economy upbeat with oil prices
  Pre-monsoon dry spell affects jute, cotton
  Iran mulls terms for global oil firms
  `Third World must exploit Wiponet'
  Food output to top 202 m tonnes
  `Opec cuts will lead to large stock decline'
  Plan to import apples to meet off-season demand
  Rajasthan's wheat output fails to ease prices
  Sales to put Africa in debts, says gold body
  Board devises new marketing plans for coir
  Global cocoa growers prefer Indian jute bags
  Auction centre for floriculture units to come up in Bangalore
  Blended yarn industry in dire straits
  No involvement in Singapore firm offer to buy rubber, says B
  ITMF seeks Sima for information on cotton contamination
  Grow-more biofertilisers, a better option to increase agriculture production
  Raw jute crisis unlikely despite poor crop
  `Leather industry must gear up to boost exports'
  `Jute, textiles to get interest support for IT investment'
  South Africa to seek moratorium on gold sales
  Good monsoon speeds up Gujarat cotton sowing
  Non-availability of MMTC gold, high interest plague jewel exports
  `Focus should be in creating a brand footwear and reliable supplies'
  Executive Briefing
  DoT may root for 25% revenue sharing
  India, US to resume talks on auto policy
  Pakistani troops begin pullout
  Corporates earnings per share dip a shade
  Briefing
  Call centre concept gaining ground in India
  Panel set up to revive Kutch tidal project
  APSWAN to go on stream by month-end
  Wiponet for better IPR administration
  Europe, Japan to be focus areas for Polaris
  Marketplace Briefing
  Centre completes 40% of market borrowing in first two months
  Financial Briefing
  Central Bank seeks RBI, ministry approval to bifurcate tier-1 capital
  EC spells out five-day poll schedule
  Briefing