Economy
`Armenia can be used as a base to tap EU'
THE Indian industry can use Armenia as a base to tap markets in the European Union and the whole of the Commonwealth of Independent States (CIS), the Armenian Minister for Foreign Affairs, Mr Vartan Oskanian, said here today.

Foreign Trade
Iowa seeks joint ventures with India
THE State of Iowa, in the mid-western part of the US, known for its pre-eminence in agricultural development, has sought joint ventures, dealerships and franchises with entrepreneurs in different States of India.

Inflation Watch
INFLATION WATCH
THE annual rate of inflation measured in terms of the wholesale price index (WPI) on a point-to-point basis declined marginally to 7.41 per cent for the latest recorded week ended November 18 from 7.55 per cent in the preceding week despite a further r ise in the prices of manufactured products. The prices of primary articles witnessed a further decline during the week.

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