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Wednesday, February 3, 1999

Centre regrets one-month brace as Samadhan mops up Rs 2,000 crore
The one-month extension given to the Kar Vivad Samadhan Scheme (KVSS) failed to have much impact on the tax litigants with the total realisation staggering at around Rs 2,000 crore at the close of the scheme.

Tobacco body seeks status quo on duty
Restoration of single-point taxation and retention of the existing duty rates and specific duty structure are some of the key recommandations made by the Tobacco Institute of India (TII) in their pre-budget presentation 1999-2000 to the ministry of finance.

Centre caves in to allies pressure rolls back PDS price hike for poor
Bowing to the pressure of its allies, some of whom threatened withdrawal of support, the Vajpayee-led Government has decided to roll back the increase in prices of foodgrains issued through the public distribution system for persons living below the poverty line.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Economic woes mark Iran revolution feast
  Unions to gain popularity in recession hit HK
  Philippines January inflation seen easing
  Edible oil industry demands hike in import duty
  Centre must slash excise duty on steel
  Federal Reserve may leave rates untouched
  Asian countries brew recession cure, cut rate to boost demand
  Centre must lower excise duty on steel
  Federal Reserve may leave rates untouched, say analysts
  Asia goes for rate cuts as inflation is no longer a worry
  EMU inflation to stay muted, way open for rate cuts
  Rates may spurt on high credit offtake
  Narayan Rane reshuffles state bureaucrats
  Executive Briefing
  Pay up dues by Feb 15 or face music, Jagmohan tells basic, cell operators
  Samadhan scheme nets Rs 2,000 crore
  Interest rates may firm up on high credit offtake
  Gujarat Government signs MoU with Worldtel for $100m information network
  Rane reshuffles top bureaucrats
  Executive Briefing
  PDS price hike for poor goes; to cost Rs 700 cr
  Pakistan oil imports likely to slow down
  CEOs Launch E-Commerce Initiative
  `Telecom policy will put industry on high-growth track'
  Exports industry status to help tourism sector become forign exchange earner
  Direct-to-home service will be allowed but with enough safety values
  UK seeks India's help to fight protectionism
  International garment fair gets under way today
  Financial briefing
  In brief
  `Social security net to rehabilitate, retrain labour soon'
  In brief



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