The Financial Express -- Economy

Friday, May 23 1997

Celltel operators to frame model interconnect pact

Cellular operators are drawing up a model interconnect agreement for entering into with the department of telecommunications (DoT). The model agreement, among other things, would put in place a protocol, laying down norms for revenue collection by call-generating companies, sources said.

Infrastructure Bond Issue

Textiles ministry blamed for export show

The commerce ministry has sought to shift the blame on the dismal export performance in 1996-97 on the textiles ministry. Commerce secretary PP Prabhu, at a recent meeting in Delhi, is believed to have held the textiles ministry partly responsible for the measly export growth of 4.1% in 1996-97 over the last year.

Centre nod for LPG use as automobile fuel soon

Liquefied petroleum gas (LPG), the motorist's dream fuel, designed to keep him road-happy for the price of a little more than air, will soon be more than a pipedream.

Reserve Bank rules out newlending norms for airlines

Partial stay on third-party motor premium

High court orders appointment of liquidator

BRIEFS -- International

Banks a cheaper option for consumer durable loans

NEWSPOINT

Farm authority pegs forex from rice export at $812m

HC orders appointment of liquidator

Survey before sourcing housing loans

European Union shoots down EC move on anti-dumping duty

Banks asked to show tax outgo, net NPAs in accounts

Malaysian body open to core development in state

DoT lines up slew of sops for basic service operators

DOCUMENT: RBI NOTE ON BANK DISCLOSURES

The clearance of Cochin Refineries' long-delayed expansion p