The Financial Express -- Economy

Thursday, August 14 1997

IDC forecasts 35% rise in volume-wise PC sales

Sales of personal computers (PCs) in the domestic market grew 29% in volume in the year to March 1997 at 4.73 lakh units. Value-wise, however, the market grew by only 8 per cent to around Rs 2,609 crore.

Garment makers find the going tough in EU, US markets

Indian ready-made garment makers are having a tough time in pushing up sales in the European Union and the United States with the large retail chains there slashing the volume of sales in the face of a serious financial crunch.

Centre likely to book defaulting exporters

The Union commerce ministry is probing cases where exporters have failed to repatriate their foreign exchange earnings and to initiate action against them under the Foreign Trade (Development & Regulation) Act, 1992.

FCNR(A) accounts to be redeemed today

RBI nod for PNB office in Kazakhstan

Indian Bank cold shoulders union

Mahindras, Rahejas, Makers to bid for city slum rehabilitation

Centre committed to setting up Mumbai railway corp

Haryana at 6th place in investment proposals

Pharma majors slip on the bourses

Trade Briefing -- Bill to stop highways encroachment

World Briefing -- LG Information net profit soars

Mayawati agrees to hand over reins to BJP

Healthy banks should tap global markets: Tarapore

Profits of chipmakers take a tumble