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Monday, August 16, 1999

Economic fundamentals strong despite Kargil conflict -- Vajpayee
Prime Minister Atal Bihari Vajpayee said on Sunday that the upbeat mood of the markets despite the Kargil crisis has proved beyond doubt that the nation's economic fundamentals are strong enough to weather any eventualities.

NDA to put statutory cap on ministry size -- Mahajan
The BJP-led National Democratic Alliance will call for fixing of the term of Lok Sabha for five years in its agenda for governance, according to senior BJP leader Pramod Mahajan.

Manmohan campaign faces funds roadblock
If goodwill alone could help one win elections, the outcome of former finance minister Manmohan Singh's maiden plunge into electoral politics would have been a foregone conclusion.


Corporate Results


  Textile industry concerned over disintegration
  Rajasthan to increase area under onion farm
  Ooty research centre gives new varieties of vegetables
  Prospects improve for foodgrain exports
  Office space prices in Mumbai's diamond district soar
  Tax burden hits Bengal cardamom trade
  Manganese alloy units suffer further losses
  Kerala aims to be self-sufficient in vegetables production within a year
  Declining prices of cotton to affect growers
  Centre may start futures trading in phased manner
  Why bananas, a rotten business, set off trade war far and wide
  ITF to meet on commodity risk management
  Nigerian disruption, Opec limit push prices to $21 per barrel
  Oil talks deadlocked as Saudi, Japan stick to guns
  Newsmaker
  SEBs delay payment to coal firms; outstandings cross Rs 5,000 crore
  Briefing
  US oil producers may not win case against commerce dept
  Opec cuts, tonnage surplus keep oil demand down
  Import of float glass bleeds domestic units
  Centre may notify banks gold scheme under I-T Act
  Cotton spinning units woes set to worsen
  Dal entry into NDA eludes solution
  Australian greasy wool imports slated to rise
  Good demand for entire Kerala mulberry produce
  Leather footwear poised for big gains
  China caught between lower GDP growth and currency devaluation
  Pakistan cotton prices down on low demand
  States told to go slow on non-iodised salt ban
  Meteorological sub-divisions receive rainfall
  Freight rates set to decline
  Nine state-run banks to get new chiefs, SBI's Janaki Ballabh may head BoB
  Brother-in-law's outfit may balk Naidu's march
  Executive Briefing
  Breach of trust by Pakistan has harmed peace prospects -- PM
  Ministry plan envisages revival of 34 NTC mills
  Prasar Bharati may bid alone for satellite rights
  SitiCable to switch off STAR News, CNBC, NGC
  Sacking turnover registers moderate gain
  Polyester texturising units down shutters protesting excise raids
  Experts agree on marketing linkage to sell village units' produce



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