THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, February 20, 2001

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Macro Economy

Economy
Cut in Bank Rate and CRR -- Will there be a second round?
LESS than two weeks before the presentation of the Union Budget for 2001-02, the Reserve Bank of India (RBI), on February 16, effected a 50 basis points cut in Bank Rate and the cash reserve ratio (CRR).

German State targets Indian investment, manpower
THE German state of Bremen has placed India on a ``priority'' list of countries from which it would like to attract skilled manpower and investments for a Rs 350-crore five-year `Bremen in TIME' project, which kicks off in the second half of this year.



Bahrain keen on educational tie-ups with Indian cos
BAHRAIN is keen to tie up with Indian companies in the field of educational institutes at the level of secondary and higher secondary education and higher education at university level, specially in hi-tech areas.

`Land records must be in digital format'
A NATIONAL conference on geomatics has called for declassifying map and satellite data, which is required for undertaking development projects and is currently out of bounds for both the private sector and public.

Foreign Trade
Despite reforms, openness to foreign trade declines
WITH quantitative restrictions on 715 tariff lines set to collapse on April 1, 2001, there can be no doubt that our foreign trade is fast integrating with the global economy.


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