The Hindu Business Line : Thursday, July 17, 2003

Jaswant sets 9% interest on crop loans by banks
THE country's 13-crore-strong farming community has some cause for cheer, with the Finance Minister, Mr Jaswant Singh, today announcing that crop loans of up to Rs 50,000 made by public sector banks will henceforth attract a maximum annual ... More

Star News gets a week's reprieve
THE Government has decided to allow Star News to continue uplinking from India for another week even as the channel confirmed for the first time the exit of Applause Entertainment, a Kumar Mangalam Birla company, from the venture. Mr Suhel ... More

Suhel Seth picks up Birla stake
THE suspense is over. Mr Suhel Seth, an adman from Delhi, has picked up the equity stake in Star News, held by Mr Kumar Mangalam Birla, Aditya Birla Group Chairman. Mr Seth, CEO, Equus Advertising, today confirmed that he has acquired the 25 ... More

Naresh Chandra to head panel on civil aviation roadmap
THE Government today set up a five-member committee headed by the former Cabinet Secretary, Mr Naresh Chandra, to prepare a roadmap for the civil aviation sector. The committee, which includes the HDFC Chairman, Mr Deepak Parekh, is to provide ... More

States asked not to issue guarantees to co-op banks
THE Government has advised the Reserve Bank of India to issue instructions restraining States from issuing guarantees for the co-operative banks. This was stated by the Finance Minister, Mr Jaswant Singh, while addressing the Parliamentary ... More

10 major reservoirs run dry despite `normal' rain
WE are six weeks into a "normal" monsoon, but 10 out of the 71 major reservoirs in the country are still running dry. Though recharging has started with the rains, the present water levels in the reservoirs have touched only 16 per cent of their ... More

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