Zero inflation possible by October
If current trends are any indication, there is a real possibility of inflation hitting the magic "zero" mark in September or October.

IIP data show volume growth in cement, steel sectors
The May figures for the Index of Industrial Production seem to confirm that an industrial recovery is on. This has also been brought out by the boom in cement, the increase in housing loans, the buoyancy in the stock market, as well as the bottoming out of commodity prices.

US, India talks on auto policy begin today
The US, which has serious reservations about India's automobile policy, has called India for formal consultations in Geneva on Monday.

  `India is almost self-sufficient in urea, but not in phosphatic fertilisers'
  Use innovative farming tech, says Sompal
  Polyester filament yarn production scales new high
  Sugar producers in Asia condemn West's tariff walls
  Low labour costs give competitive edge to textile exporters -- Crisil
  Steel industry recovery remains uncertain
  Sugar consumption in Asia still to recover
  Commodity briefing
  Leather shoes industry forging ahead
  Per capita man-made cloth availability increases
  Fishermen contradict prawn culture claims
  Cotton yarn export ceiling hike surprises many
  Non-revision of coal royalty costs Orissa Rs 160cr
  Freight rates likely to be steady
  Monsoon spreads to most parts, to hit Delhi sometime this week
  West Bengal to focus on animal husbandry
  Keralites resort to smoking as chewing tobacco is expensive
  Prospects of India acquiring WFDB membership brighten
  Better days ahead for ferro chrome exports
  Container handling up at the Calcutta docks
  Local firms accuse China of dumping disodium carbonate
  Better manpower plan urged to hike tea yield
  Spices exports decline 17% in April-May 1999
  Eco-friendly diesel-alcohol fuel mix may get nod
  Importer defaults on edible oil put banks on guard
  Assam plans to double fish output in eight years
  `Cofei success depends on synergy efforts'
  Executive Briefing
  Storms, frosts that hit coffee below the belt
  Domestic coffee growers -- Living on high hopes
  Single legislation for SSIs must -- Sidbi MD
  Excise adjudication locks up Rs 8,060 cr
  UNDP proposes tax on Internet users
  Corporate tax payment up a shade to Rs 2,500 crore
  DoT to commission national Internet backbone by Dec
  Broadcaster may play regulator's role in FM radio
  India goes up one notch on FDI confidence index
  Six banks commit Rs 800 cr to IDFC for take-out finance
  Janata Dal crisis reaches a flashpoint
  BJP too urges EC to rethink on subsidy schemes
  NHAI makes model JV pact mandatory for partner firms
  Bansi Lal faces second trust vote on July 21
  Political Briefing