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Monday, December 7, 1998

Too much of reliance on FIPB has cost us heavy amount of FDI, says Assocham
India has lost out on a major opportunity of turning the tide of non-debt creating foreign direct investment (FDI) flows in its favour due to its failure to quicken the pace of economic reforms, according to an Assocham study.

DoT will put best foot forward, swears Jagmohan
Union minister for telecommunications Jagmohan plans to initiate rapid administrative reforms in the department of telecommunications. Jagmohan said that the department of telecommunications will have to put its best foot forward to deliver goods to the people of the country.

Kar Vivad Samadhan Scheme has solutions for all tax litigations
The Kar Vivad Samadhan Scheme 1998, the scheme that is intended to end all litigations and disputes by offering a one time samadhan by paying as little as 30 per cent of the disputed arrears, has come into force from September 1, 1998. The scheme ends on December 31, 1998.


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  Tax federation to take Samadhan to apex court
  Intechmart concludes on note of high hopes
  World Briefing
  Dumping duty on polystyrene imports from Japan, S-E Asia
  Executive Briefing
  China defends bulging trade surplus with US
  Excise wings slaps Rs 7.5-crore claim on auto parts firms
  South Korea's president to meet chaebol heads on reform pack
  Gloomy times in store for Gulf Arab oil states
  Annan hopes to get "good news" from Libya soon
  Asia must exploit improved liquidity to boost economy, say analysts
  Malaysia's reform drive enters a new phase now
  Israel hopes to repeat dairy success in Punjab
  Downgrades puncture recovery hopes
  Why the euro spells opportunity--and threat
  Poultry has tremendous export potential
  CII sets agenda for agriculture reforms
  Bulgaria wheat crop may fall to 2.2 million tonnes
  New technologies can boost oilseed output
  ADB to dole out $250 million for Madhya Pradesh
  Philippine coconut oil export down at 63,500 tonne
  CII eggs Centre to amend buyback guidelines
  Australian wool growers to buy German processor
  Cotton textiles exports recover
  I-T wing buoyant despite dull Samadhan response
  Cotton exporters resort to distress sales
  Cold chain centres can provide better service
  EC may drop plaint against special import duty
  National crop forecast body in deep crisis
  Truck rates decline
  Realty price dip prompts consultants to earn bread from ancillary services
  Temperature, humidity levels remain above normal
  Government's false promises leave SMEs in the lurch
  Recession hits Japanese jewelleries
  More mergers ahead for US oil industry
  Mexico eyes oil market for key 1999 decisions on production cuts
  Hike in hard-disk prices to make PCs more expensive
  US agency wants chemicals removed from some toys
  Coconut oil prices set for a meltdown
  "Textile industry in Europe stands united over removal of restrictions"
  UP sugar output likely to cross 40 lakh tonnes
  Interest paid on borrowings for business is deductible
  Rigid land, revenue laws discourage contract farming
  "Bio-organic tea farming is risky"
  Copper consumption registers 8.5% decline in last two years
  "Proper packaging can prevent food, grains wastage"
  Cement, clinker production up 5%


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