New India to share business with private players
In a bid to neutralise the impact of competition in the insurance sector, New India Assurance, the largest non-life insurance company in India, is planning to share business with the new private companies during the liberalised era.

Call money rates set to drop below 9 per cent
Call rates opened last week around 12% as liquidity position remained tight with no major inflows. Call rates dropped to 8 per cent on Wednesday amid lower demand for funds, indicating that banks could have over-covered their reserve requirements ahead of the reporting Thursday.

Fiscal deficit inches up 7 per cent to Rs 23,521 crore in first two months
Union's fiscal deficit at the end of first two months of the current financial year inched up to Rs 23,521 crore from Rs 22,011 crore during April-May 1999 registering an increase of about 7 per cent.


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  Executive briefing
  Tea Board revises sampling norms for auction buyers
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  Govt notifies dispensation of statutory records
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