GVR seeks changes in SEBs' power purchase mechanism
G V Ramakrishna, chairman Disinvestment Commission has called for revamping the power purchase structure for state electricity boards.

FM adds to confusion, hints at rate cut
The confusion between the finance ministry and the Reserve Bank of India over interest-rate reduction has deepened with finance minister Yashwant Sinha on Friday hinting at a rate cut.

Bank, FIs lobby against rate cut to protect bottomlines
Banks and financial institutions are lobbying hard against a rate cut by the Reserve Bank of India in its forthcoming credit policy, fearing a rate cut will hit their bottomlines.

  India records trade surplus with EU
  ITA plans to send tea delegation to Russia
  Cement industry grows by 6.33 per cent in 1998-99
  Consultant Hunt sees short-term copper rebound
  AIADMK withdraws from ruling alliance coordination panel
  Improved valuations likely for optic-fibre cable producers
  Europe's central bank cuts key rate
  Executive Briefing
  Korean refined zinc exports unlikely to achieve target
  No cess on power projects at present
  The undertone is bullish
  Centre to cut import tariffs further, says FM