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Corporate Economy Expressions Markets Leisure Saturday, March 21, 1998   Civil aviation minister promises a new look at Tata Airlines plan New civil aviation minister Ananth Kumar, who assumed office yesterday, will take a fresh look at the Rs 1,475-crore Tata Airlines proposal and other major projects in the civil aviation sector. He further maintained that he favoured "complete transparency" in policy-making and execution.   Maharashtra government regularises Kamala Mill illegal construction The Maharashtra government, in a significant development, has regularised the illegal construction carried out by the Kamala Mills, violating the Development Control Rules (DC). The mill has paid a hefty penalty worth Rs 30 lakh to the Brihanmumbai Municipal Corporation. Petroleum minister rules out indiscriminate liberalisation Vazhapadi K Ramamurthy, Union minister for petroleum and natural gas in the BJP-led coalition, ruled out "indiscriminate liberalisation" on his first day in office. RBI under pressure to review finance companies' norms The Reserve Bank of India is under pressure to dilute its hardline stance on non-banking finance companies (NBFCs). It is learnt that the right wing BJP-led government at the centre has pressed for a review of the Reserve Bank of India's guidelines on the sector.   Tea Board chairman faces flak for allowing DTA sale of imported tea Tea Board chairman SS Ahuja is under severe criticism for taking a unilateral decision allowing sale of imported tea in the domestic market through export-oriented units (EOUs) and export processing zones (EPZs) under the domestic tariff area (DTA) sale scheme. Dip in forwards may fuel rush for FCNR(B) loans The crash in the six-month forward premiums is likely to trigger corporate rush for short-term FCNR(B) loans which have recently lost the sheen on account of high hedging costs. The six-month forward premiums (annualised) dipped by over six percentage points over the last one month.     "Step up coconut oil distribution efforts"   Rubber-users up in arms over plea for benchmark-price revision   China to import more sugar from Thailand   Malaysian rubber price may rise   Cotton yarn exports likely to be 540m kg in '98-99   UAE calls for Opec meeting on oil prices   Financial Briefing   Treaury heads cool to Sinha's rupee stand   SBI Chandigarh circle bad loans fall to 13%   Blue-chip firms peeved over steep hike in water charges in Gujarat   Tax-free budget for AP   Handloom exports from Kerala falls by 50%   HK offers land to cash-strapped developers   World Briefing   Government to redeem 13.59% gilts on April 18   Japan ire mounts at US policy pressure   New government will continue reforms, say bankers   Foreigners expand Japan investment alliances   I am like a batsman on a new pitch, says Ananth Kumar   Maneka gets independent charge   Property experts cool on Crown sale plan   FM promises steps to boost spending; won't allow rupee to slide excessively   Trade confident of growth in economy   Nuke option always open   Barnala to sing swadeshi song to boost fertiliser output   Maharashtra asks civic body, TEC not to cut supplies to city textile mills   Maharashtra may rake in Rs 1,550 cr from rejigged stamp-duty\   BJP, Congress hold talks to decide on Speaker