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FINANCIAL EXPRESS FRONT PAGE

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Thursday, January 21, 1999

Loquacious Sinha
Traditionally, finance ministers duck talking on fiscal-related issues with the proximity of the budget. Reticence is preferred not merely to protect the secrecy that shrouds budget proposals, but to hold lobbies, seeking duty protection or reliefs, at bay.

Garment exports
Reports indicate that the European Commission (EC) has denied entry to Indian garments worth over Rs 700 crore. The reason cited for this is that India has exhausted the 1998 quota for the export of women's garments and trousers to the European Union (EU).

Corporation Bank meets expectations
Corporation Bank is only the second bank to announce results after HDFC Bank and already indications for the sector are that the third quarter performance will mirror the second quarter performance.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  The internal customer
  Year-on-year credit growth rate touches nadir
  The Index
  Adopting global accounting standards



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