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Drumbeat: Ad Buzzaar
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| Monday, July 6, 1998
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Croatia midfielder Aljosa Asanovic shoots a freekick in front of a German Wall during the World Cup quarter-final match |
Ambitious agenda in BJP's draft Plan
Prime Minister A B Vajpayee has given the go-ahead to the draft Ninth Five Year Plan incorporating five prominent thrust areas in the social sector which the government is convinced will catapult India into the developed world. The Planning Commission, entrusted with the task of including these priority measures into the draft Plan, is now on schedule with the revised draft ready to be placed before the Cabinet by July-end, and the National Development Council next month.

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IBP seeks alliance with stand-alone refiners
IBP has sought a strategic alliance with three refiners -- Madras Refineries, Cochin Refineries and Bongaigaon Refinery and Petrochemicals -- in lieu of the Disinvestment Commission's suggestion to privatise the company. IBP's view is that such an alliance, which could lead to a merger at a later date, is also a pragmatic option for the three stand-alone refining companies.

State Bank plans to beard foreign rivals in retail segment
The State Bank of India (SBI) has drawn up a major counter-offensive to stop the poaching of its retail business by aggressive foreign and new private sector banks. The battle will first be fought on the competitors' own turf by offering SBI customers all the facilities that foreign banks are currently offering.

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Akai Singer Cup Live
Monday, July 6, 1998
Web Posted at 13:00:29
IST
INDIA
How to cap nuclear proliferation ?
Recent nuclear tests by India and Pakistan, not signatories to arms control regimes, have again brought to fore the issue of containing proliferation, in the wake of stringent economic sanctions, caution experts.
WORLD
Breaking News: Permanent members of UN Security Council should surrender veto, says Mandela
South African President Nelson Mandela urged developing countries to demand that the five permanent members of the UN Security Council give up their veto power. Speaking Saturday night before a summit of the Caribbean Community Trade Bloc on the island of St. Lucia, Mandela called for the democratisation'' of the United Nations and said it is unfair that China, France, Russia, the United States and Britain can override decisions by the 10 rotating members of the council.
Time magazine formalizes apology for nerve-gas story
Time magazine has apologized for a story jointly reported with CNN that claimed U.S. commandoes used nerve gas to kill American defectors during the Vietnam war.
SPORTS
World Cup Special: Kluivert in search of more World Cup glory
Desperate for a transfer after a troubled season at struggling Italian giant AC Milan, Patrick Kluivert wanted to showcase his talents at the World Cup.
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