RAIN ON FENNEL
Article Abstract:
India had exported 3,600 tonnes of fennel, worth Rs10.75 crore, during April-October 1998 (9,518 tonnes, worth Rs28.30 crore, in the same period of 1997). The target for export of fennel in 1998-99 has been set at 12,000 tonnes, worth Rs42 crore. Exports of fennel has been less than the estimate because of lesser global demand and production and higher price in India. Production of fennel in 1998-99 was less due to adverse climatic conditions. Fennel is sold for Rs35-50 a kg now (Rs18- 25 in 1997-98). (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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GOVT MULLS MINES JVs WITH 74% FOREIGN EQUITY
Article Abstract:
The Government of India plans to allow mining companies to raise the foreign investments upto 74 percent (50 percent allowed currently). The Government plans to offer automatic approvals for foreign applicants if their investments are within the 74 percent limit. Automatic approval will be offered to ventures in mining of metals and alloys other than silver and gold while a case-by- case approach will be done for ventures for gold and silver mining. (ag)
Comment:
India: Govt plans to allow mining companies to raise the foreign investments upto 74% from 50%
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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