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Thursday, October 15, 1998

Economist Amartya Sen gets Nobel
Professor Amartya Sen has been awarded the 1998 Nobel Prize in Economics. Sen is the sixth Indian and first Indian economist to win the prize.

Rave reviews from the Big Apple for Sen
On a day when news of the layoff by Merrill Lynch of 3,400 employees cascaded through New York, the Nobel Prize for Amartya Sen created but a ripple the world's financial capital. But in the community of economists, the splash was seen and heard far and wide.

India agrees to sign two patent treaties
India has agreed to abide by the Paris convention for the protection of industrial property and the patent-cooperation treaty, according to UN patent agency, the World Intellectual Property Organisation.


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Global Tenders invited by MSTC


  Pak SC flays imposition of indefinite emergency
  UN sending its own verification team to Kosovo
  Moody's maintains negative outlook for US life insurers
  Mazda launches 3 Suzuki-made minicar models
  China sees exports hit harder by Asian crisis
  Korea considers restricting chaebols' bond issue
  Pepsico reports 38 % increase in Q3 net earnings
  Kerry Packer tax ruling angers Australian experts
  Privatisation ferments breweries growth
  GITIC guarantees add twist to tangled debt tale
  World Briefing
  IBM targets consumers with new low-priced laptops
  Country's sugar output seen at 150-155 lakh tonnes
  Suzuki Motors Corporation enters into a JV in Myanmar
  Japan urged to make fresh fiscal spending
  Domestic sugar sector for total decontrol
  NY precious metals end mostly higher on low volume
  Thailand's rice exports may fall short of target
  Japanese gold, platinum sales up on yen rise
  Commodity Briefing
  Japanese traders eye South Korean kerosene
  "I am very pleased"
  India Excel declared best performing fund in Canada
  Japan may force banks to accept public funds
  Amartya Sen bags economics Nobel Prize
  Asian stock markets fall on profit taking
  Applied Materials to buy Consilium

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