
Monday, January 18, 1999
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.
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