Happy Sinha plays it cool
THE Finance Minister, Mr Yashwant Sinha, sought to downplay the decision of the US to lift sanctions imposed on India and Pakistan after the nuclear tests in 1998.

Costly IBRD loans may be retired
THE Finance Ministry has firmed up plans to retire some of the more costly loans taken by the Government from the World Bank.

`It's advantage US companies'
THE lifting of sanctions by the US would aid the American companies who were hitherto forbidden from selling their technologies here, according to Mr Jamshyd Godrej of Godrej & Boyce Manufacturing .

`No immediate impact on ratings'
THE announcement of lifting of economic sanctions by the US spells good news, according to Finance Ministry officials. They, however, reckon that it would be quite a while before it impacts positively on the soveriegn rating by international rating agenc ies.

Waiver doesn't excite ISRO
JUST as when the sanctions were clamped in November 1998, their waiver now does not seem to surprise or excite ISRO. Its Chairman and Secretary, Department of Space, Dr K. Kasturirangan, said, ``I cannot say anything before I see the US list and know the details.''

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