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Monday, August 9, 1999

Cong vows to cut real interest rate to 3-5%
The Congress has promised to take specific measures to bring down real rates of interest to between 3% and 5% if voted to power.

Telecom operators accept court terms on revenue-sharing plan
Majority of the private cellular and basic telecom players have decided to give an undertaking to the Delhi high court that they will have no objection to the ratification of the revenue-sharing package by the next Parliament.

Inflation rate declines to 1.19 per cent
The rate of inflation receded by 0.43% to touch yet another 17-year low of 1.19% on July 24, due to a fall in prices of food products and non-food articles.


Corporate Results


  Gujarat state sugar project may go to the highest bidder in Chennai
  Crude oil output falls marginally short of Q1 target
  Rice exports in April decline
  `Frequent policy changes hamper trade'
  Phthalic anhydride -- No revival seen in Asia
  DGFT to import maize to help starch industry
  Novel vaccines poised to improve human health standards
  Kharif crops not affected by monsoon, says IMD
  Pulses importers stay away as Government ropes in STC
  Sri Lanka to buy 1 lakh tonnes of rice locally
  Association develops new jute bags for confectionery sector
  Rains bail out Rajasthan kharif crops
  Kerala poultry farmers flay grey business
  Centre to issue ordinance on synthetic milk
  Palm oil prices look up in Chennai
  Orissa plans exclusive turmeric for exports
  Coffee stays afloat on ICA extension
  Monsoon brightens up crop prospects in Gujarat
  Thailand rubber supply tight, prices remain flat
  Vietnam expects heavy rains in key coffee region
  Minimum price for coir exports fetches low yields
  Changing attitude to boost gem exports
  Zinc fares best among non-ferrous metals
  Heavy loading of steel at Haldia, Calcutta docks
  Largest Asian shipyard resumes after 3yr slump
  Blended yarn makers hail cut in polyester fibre prices
  Scrap compulsory packing orders, merge all jute bodies, says CII
  Steps mooted to solve EI leather issue
  Jute hessian use to be patented by British firm
  Indian firms gear up for German shoe fair
  Cargo backlog may push up rates
  Executive Briefing
  Bharat Commerce under I-T gaze for realty undervaluation
  Warts and all, govt scored well on economic front
  Sarvodaya -- Spinning a brand strategy for khadi
  Aussies test market fruit in the South
  Briefing
  Rains to intensify in central India
  Briefing
  PM stresses need to stop poll frequency
  Dal factions get new symbols
  BJP decides to go it alone in AP
  Newsmaker



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