World Investment Report stays upbeat on foreign investment inflows
The World Investment Report 1998 is optimistic about foreign direct investment touching a level of $430-440 billion in 1998. FDI in India in 1997 was $3.26 billion against $2.38 billion in the previous year.

Institutions' disbursals spurt on core sanctions rise
Sanctions and disbursements by the all-India financial institutions (IDBI, ICICI, IFCI, SIDBI and IIBI) increased by 53.9% and 30.7% to Rs 70,258 crore and Rs 43,016 crore respectively during 1997-98, said the Reserve Bank of India report on banking.

Ministry slams brakes on ONGC, OIL plans
The diversification plans of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) face the prospect of being axed following directions from the petroleum ministry to the public sector duo to stick to their core competence - which is exploration and production of crude oil.

  Sri Lanka planning tea for oil deal with Iraq
  Major US financial firms eye EMU clock
  Commodity Briefing
  Australian copper firms amid glut
  Term deposits collapse impinges on state-run intermediaries' spreads
  RBI hides behind bad-loans veil for high interest rates
  Revenue unions strike hits work
  Slowdown nips Ninth plan growth target
  Executive Briefing
  Central bank picks holes in rating system
  Emergence of universal banking imminent, says central bank
  Book Mark