Green the East
Foodgrain output in India has stagnated. For the second successive year, total production has fallen short of the 200 million tonne target. This had seemed easy enough to reach in the wake of the 199.4 million tonnes harvested in 1996-97. But the harvest fell to 192.4 million tonnes in 1997-98.

Excellent Foresight
News reports indicate that MTNL is planning a full-fledged subsidiary for managing its Internet services, which will eventually be hived off as a separate company. The move makes excellent business sense as an Internet service provider would have a clear advantage over a basic service provider as far as data traffic is concerned.

Sinha's tryst with the stock market
Union budgets, as they contain a package of proposals engulfing the entire economic framework of the country, invariably have an instant impact on stock markets. In the last 15 years, while nine budgets proved to have a buoyant impact, six had a bearish influence.

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