Economic update According to the Reserve Bank of India's Weekly Statistical Supplement, dated March 27, 1999, foreign currency assets of the nation increased by $ 315 million to $ 28,256 million during the week ended March 19, 1999. During the week under review, gold reserves remained unchanged at $ 2,971 million and SDRs at $ 8 million. Forex reserves, as a result, increased by $ 315 million during the week under review. With this increase, forex reserves during the current financial year so far (i.e., between March 31, 1998 and March 19, 1999) increased by $ 1,868 million to $ 31,235 million or by 6.4 per cent.
PSA Corpn holds seminars on transhipment benefits for shippers in India
Vizag plans second multipurpose berth
ChPT seeks major stake in Ennore Port
Panel to probe high trade transaction costs
Inflation drops to below 5 pc
Cotton yarn exports display firm trend
OOCL enhances Shikoku/Taiwan express service
CWC to set up controlled atmosphere storage in Punjab
Project exports scale new peak in '98-99
New textile policy to unfold concrete steps
India, Seychelles to strengthen bilateral ties
Positive aspects of revised Exim Policy explained
Rubber Board sets up export strategy cell
Credit policy on April 20
Tamil Nadu urged to rethink on port development strategy
India must dismantle more trade walls: USTR report
SIL premium not an export incentive, clarifies govt
US oil giants in Greek charter link CLARK Oil and Exxon have become the latest US oil majors to link up with Greek shipowners in long term newbuilding charter deals for crude carrying tonnage.
Seychelles set to fly 'flag of convenience' SEYCHELLES has joined Equatorial Guinea and Mongolia as the latest unlikely entrant into the international flagging market.
Revival expected despite gloom ahead Controversy and shipping have walked hand-in-hand when it comes to the high yield bond market.
Getting to grips with restructuring bad deals THE single most important issue facing the shipping sector of the high yield market today is how successfully troubled deals get restructured.
Liner shipping must wake up to reality of customer services OLD habits die hard, especially in the liner shipping industry. At least, that is the complaint of many shippers.
Title XI funds low warn US shipyards FUNDING for the US government's Title XI shipbuilding and shipyard modernisation loan guarantee programme has fallen perilously short of needed levels for this year, the Shipbuilders Council of America has warned.
Will Scopic aid the anti-pollution fight? ONE way of staying in business when times are hard is to try and convince your customers that you can offer them a particular product or service with added value.
Sunbird takes centre stage after refit AIRTOURS' fourth and largest cruise ship, the 1,600-berth Sunbird, ex Song of America, arrived at Cammell Laird on Merseyside last week for a $10m pre-service refit and refurbishment.
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