The Financial Express -- Economy

Saturday, July 26 1997

Corporate capital expenditure seen higher this fiscal

The capital expenditure of the corporate sector in 1997-98 is expected to be 9% higher than that in the previous fiscal, Reserve Bank of India governor, C Rangarajan said.

India to discuss import curbs with EC

India has accepted the requests of nations led by USA and the European Community (EC) for formal consultations on the contentious issue of quantitative restrictions (QRs) under the dispute settlement mechanism of the World Trade Organisation (WTO).

Panel for budgetary help to modernise shipyards

The committee on transport and tourism has recommended that the government should provide necessary budgetary support for the modernisation of the shipyards in the country. It has also suggested that the revival plans for Hooghly Dock and Port Engineers Limited (HDPE) should be implemented without any further delay.

Naptha linkage for Belgaum power unit okayed

LNG key to IPPs' fuel linkage problems

Government determined to defend VDIS: NK Singh

Export target for 1997-98 pegged at $40 billion

Subsidy on gas prices to be reduced in five years

Growing high on Asean rating, India has a promising future

Merchant-exporters to get Modvat reversal benefit

Auto majors keen on parking projects in new look Chennai

Spice exports show upward trend in June 1997

Investor sentiment shifts to mid-cap stocks

Laloo Prasad resigns; wife sworn in as Bihar CM

Kerala to appeal against TELK winding-up notice