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Friday, June 26, 1998

Power sector funds requirement pegged at Rs 1,992 billion
The funding requirement for the power sector has been pegged at the highest at Rs 1992 billion by 2001-02. This is followed by Rs 700 billion for the oil and gas sector, Rs 464 billion for the telecom and Rs 441 billion for the roads and ports sector till 2001-02.

Experts silent on sanctions, Moody's fallout on core projects
Merchant bankers and economists gathered at the Euromoney conference for the annual brainstorming, concurred that the implications of both the international credit ratings and the US sanctions were still unclear.

Rangarajan asks FIIs to look at India's strong economic fundamentals
Former Reserve Bank governor C Rangarajan has called upon the foreign investors to "be your own credit rating agency" and urged them to look at India's strong economic fundamentals. Speaking at the Euromoney conference in New Delhi yesterday, he further reiterated that the fundamentals of the economy in general and more particularly in relation to external sector continue to remain strong.


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  Seafood exports down 5% in April-May
  Auto-roaming services may prop DoT revenue
  Gain-sharing pact sees staff take home fat pay cheques
  Financial Briefing
  Marketplace Briefing
  Centre will achieve divestment target of Rs 5,000 crore, says Ahluwalia
  World Briefing
  International Monetary Fund, Jakarta sign fresh pact to beef up economy
  Single currency will brighten European blue chips' outlook -
  Executive Briefing
  PMO clarifies
  Imperfections in financial system persist, says YV Reddy report
  Aluminium sector in Venezuela to be privatised
  Argentina to invite global investors for $440 mn copper smelter project
  Cigarettes, tobacco products remain major excise revenue generators
  Toiletries prices to be cut after budget is passed
  Sales tax, Customs Act put hurdles in banks' bullion business
  SBI chief calls for immediate structural changes
  Ball-bearing traders call for strike
  Plan to develop Pune as cyber city

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