BIFR allows government to sell off stake in sick state-run units
The Board for Industrial and Financial Reconstruction (BIFR) has said the government can consider selling off its equity share in the sick central public sector units as an option to fund their `effective revival'.

FIs put 2-yr exposure cap on 5 sectors
Domestic financial institutions have collectively decided not to take any fresh exposure in five industries -- steel, cement, paper, textiles, and polyester -- till fiscal 2001.

Eica moots steps to recover Rs 3,000 cr dues
The East India Cotton Association (Eica) has maintained that the outstanding dues in the cotton trade is placed at over Rs 3,000 crore.

  Signs of steel industry revival fade as stocks pile up
  Executive Briefing
  Debt-equity ratio of corporates declines to 0.90 in 1998-1999
  BIFR should be scrapped to avoid its misuse, say financial experts
  Petroleum companies inherit a sour legacy
  Strife-torn J&K has a tired look at poll process
  Oil merchant's association teams up with FCCCI for coconut oil futures
  Veterans top BJD candidates' list
  BJP frets to keep Kargil euphoria alive
  Textile bodies to meet Texprocil on RGE issue
  Darjeeling tea planters step up local, global awareness programme
  Opinion poll says Congress set to win, but short of magic figure
  Bad weather keeps PM off Shimoga
  One minister is soaring on his connections
  Truant Vinod Khanna faces rough weather in Gurdaspur
  RBI urges Centre to improve grain storage
  Newsmaker
  Briefing
  Slump in arrivals firms up edible oil prices
  Banking secretary rules out interest rate cuts for now
  Awareness plan launched on dwindling resources
  Briefing
  Continued dry spell likely to reduce Kharif crops by 25% in Gujarat
  `Domestic industry must step up initiative on patents front'
  China buys 2 lakh tonnes of US soymeal
  Iron ore exports decline, fertiliser imports up on better crop prospects
  Bumper drumstick production makes prices plunge to new lows
  `Russian oil export curbs to end'
  Vietnam coffee market sluggish due to dwindling stocks
  Rajasthan kharif output slated to fall sharply
  `World chemical output touches $1.5 trillion'
  Shift to ginger hurts Gujarat cumin output
  Coal India, Singareni Collieries likely to revise non-coking coal prices upwards
  Indonesia denies imposing rice import restrictions
  Southwest monsoon may not retreat from Rajasthan border
  Truck rates may firm up further
  Groundnut prices shoot up on lower arrivals, pre-festival demands
  Calcutta dock handles 20,398 tonnes of edible oil
  UK grain body directs LG Corp to repay Indian exporters' dues with interest
  Industry baffled with massive sugar imports
  Indian leather industry ahead in colours
  Leather footwear components on a march
  Organised sector textile mills woes continue as Centre remains aloof
  Weak steel market fundamentals may hold hot rolled coil prices
  `New El Nino factor likely within two years'
  India makes considerable progress in antibiotics production