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Wednesday, September 2, 1998

Broadcasting bill in next session of Parliament: Sushma
The broadcasting bill providing compulsory uplinking of satellite television in India would be introduced in the next session of Parliament, according to Union information and broadcasting minister Sushma Sawaraj. The legislation, if approved by Parliament, will help the country save foreign exchange and monitor programme contents of these channels, she added.

Government overhauls duty-drawback rates
The government has increased the drawback rates on 219 items, lowered rates on another 290 items and added six new items to the list. Major items on which drawback rates have been increased are readymade garments, hand tools, bicycle and bicycle parts, brass artware, brass hardware, leather and leather products, made-ups, including handloom made-ups and certain machinery items.

Panel to work out cover for power boards' dues
The Union power ministry has decided to constitute an inter-ministerial committee which will work out a mechanism for providing a security cover to ensure timely tariff payments by the state electricity boards (SEBs) for the power purchased from the mega power projects.


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  Chinese president urges Japan to bolster Asia
  Airline link-ups add to confusion
  China's listed firms post poor results in first half of the year
  Ringgit worthless outside Malaysia after exchange controls
  Russia, China may step up defence ties
  Rubberisation of roads mooted to shore up prices
  "No bulk import of potato"
  Localised software key to nip illiteracy in Saarc region
  Exim Bank, PTA Bank of South Africa sign pacts
  Centre still has open mind
  Do not link IMF loans to signing CTBT
  Japan's economy at darkest stage, says chief economic planner
  Euro may see EU bargaining power increase vis-a-vis Delhi
  Terrorism, global disarmament top on NAM agenda
  Indian papers unscathed by Russian woes
  New world order may split NAM members
  "Plan to integrate local IT industry with global network"
  MP exposes nexus between excise department and jarda producer
  Executive Briefing
  Rupee nosedive shores up July export figures
  Dutch succour may help solve corporate hiccups
  Australian sugarcane devastated by rain
  Court asks MoF, plantation firms to file replies
  Assocham critical; CII, Ficci silent
  Market Briefing

ICRA: An independent investment information and credit rating agency


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