Europe steps into era of single currency
Europe entered a new era on Friday as 290 million people in 11 countries adopted a single currency which will sweep away their national money and give the continent a powerful influence on the world stage.

INS lauds center decision to step up DAVP rates
The Indian Newspaper Society has welcomed the government's decision to hike DAVP advertising rates across the board by 30%. The INS president Mammen Mathew commended the government's move.

Hazy interest rate scenario hampers banks' long-term plans: JP Morgan
Uncertainty on the interest rate front has kept banks from enlarging their commitments, particularly at the medium and long end of the yield curve, says JP Morgan in its outlook on the Indian markets.

  Germany takes over European Union presidency
  Asean, EU clinch pact for economic co-operation
  Bank of Israel move checks inflation rise, says chief
  Banks, FIs to plan joint bid for bad-loan recovery
  State disbursals may strain deficit by Rs 10,000 crore
  Centre effects large-scale excise, customs transfers
  Small savings, post-office deposit rates cut
  Murugappa chief Arunachalam passes away
  Exports creep up 4% in November
  Exports of synthetic fabrics shrink
  Russia '99 base metal sales seen stable
  Iraqi oil exports reach record highs
  1998
  Low demand, rain eat into rice exports
  Vegetable output far short of demand
  Executive Briefing
  World Briefing
  United States hails launch of single currency
  Office-space oversupply triggers fall in Mumbai prime realty