The Financial Express -- Economy

Wednesday, November 19 1997

Coffee Act amendment likely during Parliament session

An amendment to the Coffee Act, 1942 will be taken up during the winter session of Parliament starting today . One of the most important outcome of the enactment of the bill is that coffee board's role in marketing of the commodity will be totally eliminated henceforth.

Trade body to oppose 5% levy on transport operators

The Federation of Associations of Maharashtra (FAM) has decided not to abide by the Centre's directive to levy a 5% service tax on services rendered by transport operators. The tax came into force on November 16. The tax will not only add to the cost but will also have a cascading affect.

Seven percent growth GDP within reach, says Gujral

Prime minister Inder Kumar Gujral has reiterated that India will be able to achieve the targeted 7% growth in gross domestic product (GDP) during 1997-2002. He added that the country could even exceed the target with increased effort to push up savings rate and foreign direct investment inflows.

Board gives IA go-ahead for aircraft purchase

Trade body to oppose 5% levy on transport operators

India to acquire Asian tiger status within 15 years

DoT drops move for blacklisting 12 cable supplying companies

Seven percent growth GDP within reach, says Gujral

Banks allowed to lend against paperless shares sans transfer

Singapore sees strong growth in petrochem

Coffee Act amendment likely during Parliament session

New Delhi to get special focus, says Britain Board of Trade chief

Maharashtra, Bengal traders plan stir

A blessing in disguise, says finance ministry

Multi-modal transport system for Delhi planned