Economy
INFLATION WATCH
A NEW series of wholesale price index (WPI) with 1993-94 as the base year has been introduced with effect from the week ending April 1, 2000 replacing the old series (base 1981-82 = 100). The new series has 435 items of which 98 are in primary articles, 19 are from the `fuel, power, power, light and lubricants' group and 318 are from the major group of `manufactured products'.

8.3% growth in 6 core sectors: Duff & Phelps
SIX core sectors recorded a 8.3 per cent growth during April-February of 1999-2000, compared to 2.8 per cent in the corresponding period of last year, according to the research and information services arm of Duff & Phelps India. The sectors are: Oil ref ining, crude production, cement, steel, power and coal.

WTO forecasts 6.5% trade growth
THE World Trade Organisation (WTO) foresees world export volume growth of at least 6.5 per cent this year, fueled by more robust growth of the world economy coupled with the carryover effect due to the trade acceleration in the second half of 1999.

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