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Monday, January 18, 1999

Stock Update Forex Update

Experts call for new consumer price index
There is an urgent need to formulate an Integrated National Consumer Price Index (INCPI), incorporating all the existing different consumer groups for estimating a headline inflation rate for the country as a whole, feel experts.

Bharat Diamond Bourse may finally take off
The much-trumpeted Bharat Diamond Bourse may finally see the light of the day if the deliberations at a recent meeting of the members are any indication. The meeting is believed to be have been successful in convincing members to re-start the much delayed and prolonged work on the bourse at the Bandra-Kurla complex.

Gold duty hike throws domestic bullion trade into confusion
The recent hike in import duty of gold has stunned the trade. Deals comprising approximately 30,000 TT bars are in jeopardy. In an unprecedented move, a leading importer has filed a suit against a leading bank, more suits are likely to follow.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Resignation leaves diamond bourse in lurch
  `Gold duty hike is against global trend'
  Can 1999 save bullion traders and jewellers?
  Singapore oil product swaps end lower
  Liquidity breather likely to curb call market volatility
  Cotton yarn exports yet to recover, drop 20% in Nov 1998
  `Traders' mindset hinders hedging
  Pakistani cotton prices unchanged in thin trade
  Reliance strikes Rs 1,200 cr securitisation deal with ICICI
  Genetically engineered crop to benefit farmers
  Gujarat high court order a shot in arm for Sebi
  Kochi pepper crashes
  Tea Board's move dubbed `impractical'
  Board's sop may not boost levels at tea auctions
  `Thailand's new rubber scheme is a double-edged sword'



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