Greenspan issues inflation warning, sending treasury prices tumbling
Federal Reserve Chairman Alan Greenspan warned that "inflationary pressures could re-emerge, possibly faster than some currently perceive" if technology-driven productivity gains slow or employers continue to hire so readily.

Indian banks' licensing norms in UK come under FSA microscope
The Centre's inability to push through the money laundering bill (Fema) may cost Indian banks operating in the UK dear.

CII paints rosy picture of economy
Notwithstanding the political instability, the Indian industry is increasingly turning around to the sentiment that the economy is recovering, according to a latest six-monthly survey by the Confederation of Indian Industry (CII).

  Executive Briefing
  Finance ministry to chalk out code for corporate governance
  Briefing
  NCAER pegs GDP growth in '99-2000 at 5.7%
  RBI to hold first price-based securities auction next week
  US senate passes banking reform bill
  Market Round-Up
  Board's summary on domestic spices to counter patent threats
  Commodity Briefing
  Activists stress the need to save Uttarakhand hill
  HSBC forecasts higher GDP growth at 5.2% in 1999-2000
  Centre gives in, revives Dealer Selection Board
  Spurt in revenue mopup points to a turnaround -- revenue secretary