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

Thursday, August 09, 2001

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Macro Economy

Economy
Call to sustain export growth
THE slowing down of the country's export growth during the first quarter could introduce structural weaknesses in the balance of payments since export growth holds the key to maintaining a sustainable level of current account deficit.

`Globalisation cuts both ways'
NEW DELHI: The whiplash of globalisation makes up no less than four of the 10 major threats to the Indian industry. The United Nations Industrial Development Organisation (UNIDO) in a background paper prepared for the workshop on `Facing the challenges t o Indian industry' in New Delhi on August 10, has considered four far-reaching aspects of globalisation to head the list of 10 major challenges to the India industry.

Technology
Micro-organism depository in Chandigarh
WITH the decks cleared for India joining the Budapest Treaty on deposition of micro-organisms, the upgradation process of the depository at the Institute of Microbial Technology (IMTECH), Chandigarh will gather momentum.


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