Relax FDI rules: Camdessus
COUNTRIES should liberalise rules for attracting foreign direct investment (FDI) first instead of liberalising capital flows that might attract destabilising short-term inflows as was demonstrated in the case of the East Asian economies, the outgoing Man aging Director of the International Monetary Fund (IMF), Mr. Michel Camdessus, has said.

`Allow flexibility in policy-making: Maran
INDIA today cautioned the global community that in the name of promoting coherence of Bretton Woods institutions such as the World Bank and IMF with WTO, ``we do not create a networking behemoth which puts pressure on developing countries through cross-c onditionalities''.

Bankers await fresh package to push reforms
THE banking industry is expecting the Finance Minister, Mr. Yashwant Sinha, to unveil a package of measures in the forthcoming Union Budget for 2000-01 to push ahead with the second generation reforms in the financial sector.

Matsushita: A sleeping giant awakens
AFTER years of slumber in the Indian marketplace, a recharged Matsushita Television and Audio India Ltd (MTAIL), which sells the Panasonic and National brands of consumer electronic products, has charted out a programme aimed at turning it into largest c onsumer electronics firm.

Page One | Index | Home

Investment World

News Update

Brand Quest

Canvas


Praxis

Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line.