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Sunday, May 30, 1999

Border tension could delay foreign investments -- S&P
International rating agency Standard & Poor's has said the escalation of tension between India and Pakistan over Kashmir will hurt India's economic growth.

Carryforward rates slump to 8.6 per cent
Carryforward rates on the Bombay Stock Exchange further declined to register a low of 8.6% annualised average for the settlement ended on May 28.

UTI to launch growth sector fund
Unit Trust of India is introducing an open-ended growth scheme, the UTI growth sectors fund in line with the theme-based funds launched in the last two years.





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