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January 5, 1999
BUDGET 1998
COMMENTARY
INTERVIEWS
SPECIALS
USEFUL INFO
CHAT
ARCHIVES
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Euro expected to be in Rs 49.50-50.00 range
A senior dealer at Corporation Bank said that
Euro would open at 1.1730/40 a dollar on Monday. 'Going by these calculations, the Euro-rupee rate would be Rs 49.82.'
PM mulls airports regulator, new corporate projects
Wherever necessary, the government would allow 100 per cent foreign equity in new airport projects. Vajpayee said in future most of the airports would be built on the
framework of corporatisation.
THE REDIFF BUSINESS COLUMNISTS
A learning time in the year of hard knocks
1998 has been a good year for the Indian economy as an educational experience. Managers in several sectors of Indian industry have experienced genuine competition and are learning to cope and live with it, writes Dilip Thakore.
OTHER REPORTS
Government to endeavour to put Sen's ideas to practice
The Sinha-Sen talks focused on the state of
public finances in India, problems and initiatives in
infrastructure, public sector reforms, social development issues,
decentralisation and globalisation.
Pillai repeats claim of herbal fuel, seeks intellectual rights, foresees huge market
Tamil Nadu's 'sensation' has once again challenged the scientific community by displaying the preparation and characteristics of the mysterious product.
Interest rates of small savings, employee deposits lowered
The government will benchmark the rates of interests to the rates of similar instruments in banks / financial institutions.
Kar Vivad Samadhan Scheme extended to January 31
The designated authority would pass
orders within 30 days of filing of declaration as against the
earlier period of 60 days.
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• BSE: 3110.33; Sensex up 64 points
• NSE: 899.95; Nifty up 27 points
• Forex rates
Rs 42.51/52 vs $
Rs 71.20 vs pound
Rs 25.46 vs DM
Rs 36.90 vs yen (100)
• Bibek Debroy
on the misplaced fears of the WTO
• Jay Dubashi
on the collapse of the Indian economy
• Ashok Mitra
on resistance to open market
• Vir Sanghvi
on aviation and Ananth Kumar
• Rajeev Srinivasan
on Kerala's potential to be India's California
• 'Swadeshi idealogy betrays inferiority complex'
Former P&G chief Gurcharan Das on what holds India back.
• 'Indian banking is 20 years behind'
Kellogg's Professor Bala V Balachandran on what ails the industry.
• 'Terminator tech is like putting a virus into a computer software'
Agricultural scientist Dr M S Swaminathan on the row over Monsanto.
• Earlier Interviews
• Amartya Sen: Nobel now
• Herbs, sex and success
• 'Resurgence of capital markets is possible,' says UTI chairman P S Subramanyam
• 'How can the car market grow in India?'
• Diary of a dairy don
• Exchange rates and all that
• Competensity gives corporates the cutting edge
•More Specials
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