Economy
Spurt in inflation: Blessing in disguise for industry?
THE sudden spurt in the inflation rate to over 7.5 per cent in the last week of September could well be a blessing in disguise for the Indian industry which has been tormented by fears of recession over the past few months.

Foreign Trade
India, Italy MoU on credit schemes for SMEs
INDIA and Italy have signed a memorandum of understanding (MoU) for promotion of mutual credit guarantee schemes and institutional capacity building for the development of Indian small and medium enterprises (SMEs).

India, Italy urged to raise bilateral trade
WITH the next Ministerial round of World Trade Organisation (WTO) negotiations due next year, both India and Italy need to work together to ensure that Indo-Italian trade flourishes in the rule bound system, the Italian Minister for Industry, Commerce an d Craft, Dr Enrico Letta, has said here.

Australia sets annual trade target of A$5 b
THE visiting Australian Trade Minister, Mr Mark Vaile, today called upon the business communities of both the countries to work towards achieving a bilateral trade of Australian dollar (A$) 5 billion per annum over the next few years. During the year 199 8-99, the bilateral trade had crossed the A$2.5-billion mark.

Technology
`Use eco-friendly leather tech to gain global advantage'
THE comparative advantage that India has over other developing countries in eco-friendly technologies and elimination of banned chemicals in the leather industry can be used to gain advantage in the international market, according to Dr T. Ramasami, Dire ctor of the Central Leather Research Institute (CLRI).

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