
Sunday, September 13, 1998
Income-tax sleuths seize assets worth Rs 13 crore
The intensification of searches by the income-tax department on persons indulging in systematic evasion of taxes has yielded seizure of assets worth around Rs 12.80 crore during the current fiscal.
Economy is in bad shape, says Japan's central bank
The Bank of Japan (BoJ) has made pessimistic assessment about the country's economy. BoJ reportedly said that Japan's battered economy is deteriorating, consumption is stalled, and recovery is not around the corner.
BJP chief supports move to dismiss Rabri government
BJP president Kushabhau Thakre strongly supported the centre's move to dismiss the Rabri Devi government in Bihar. He reiterated that "the situation in Bihar warrants the dismissal of the Rashtriya Janata Dal (RJD) government as there is no semblance of administration there.
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