Financial Daily
from THE HINDU group of publications

Friday, October 19, 2001




Macro Economy

Banking and Finance
Canada offers to hold IMFC meet
CANADA has offered to host the meetings of the International Monetary and Financial Committee (IMFC) and the Development Committee, which was to be held towards the end of September but got postponed because of the terrorist attacks in the US.

Pant stresses need for more public investment
THE Planning Commission Deputy Chairman Mr K.C. Pant today asserted that adherence to fiscal rectitude would need to be balanced against the growth imperatives and sought increased public investment to overcome the current slowdown mode of the Indian eco nomy.

Dumping probe on Vitamin AD3 from China
THE Designated Authority in the Commerce Ministry has initiated anti-dumping investigation on imported Vitamin AD3 originating in or exported from China.

Travel & Places
Tourist arrivals down in Sept
NEW DELHI: The attacks on the US on September 11 seem to have affected foreign tourist arrivals to India which dropped by 10.2 per cent in September this year as compared to the same period in the previous year.

Water Management
ADB technical assistance for water management project
THE Asian Development Bank is to administer a technical assistance project to help Madhya Pradesh to draw up a comprehensive water resource management strategy and action plan.

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