The Indian Express The Financial Express Latest News Elections '98 Express Investment Week Market Indicators Screen Express Computers Travel & Tourism Advertisers Forum Information Technology Drumbeat: Ad Buzzaar Astrosurf Eco-India Career India Business Forum Match Maker Express Properties

Politics Business Expressions General Sports Leisure States 05 February 1998   Gujarat Cong rules out pact with RJP The Gujarat Congress has finally decided to sever its alliance with the Shankarsinh Vaghela-led Rashtriya Janata Party. The state unit of the Congress even announced its list for all the Lok Sabha and Vidhan Sabha seats on Tuesday evening even as a desperate Vaghela was trying to finalise his list of candidates for the polls till late night.   Iraq crisis: Yelstin warns of world war In his most blunt statement so far, Russian President Boris Yeltsin has warned that the possible use of force by the United States in the Gulf could trigger a world war. Turning up the heat against the US, he accused US President Bill Clinton of acting too leisurely in the dispute over United Nations (UN) weapons inspection in Iraq. Grindlays told to pay Rs 912-cr to NHB The Special Court handling cases related to the securities scam of 1992 has ruled in favour of National Housing Bank (NHB) in the legal battle between NHB and ANZ Grindlays Bank. The court set aside the Rs 912-crore arbitration award given by a three-member arbitration panel in favour of ANZ in March last year. ANZ has, however, said that it would take the matter to Supreme Court. Concor GDR put off The Centre has decided to postpone disinvestment of shares of the Container Corporation of India (Concor) in the international market through a global depository receipt (GDR) issue. The core group of secretaries on disinvestment decided to postpone the Concor GDR issue to a more opportune time after the forthcoming general elections.   TV channels defy EC as DD loses revenue Doordarshan, the state-owned television network, is running heavy losses, thanks to a directive from the Election Commission (EC) banning it from airing any programmes featuring candidates contesting the elections. Although the ruling is applicable to private channels also, it has not prevented them from airing programmes in violation of the ruling. This has ensured that while Doordarshan suffers massive losses, private channels rake in profits. 20 die as US plane clips cable car wires in Italian resort Twenty people aboard a cable car in an Italian ski-resort were killed on Tuesday when a US military plane on a training flight cut a supporting cable, sending their gondola crashing 80 metres (260 feet) to the ground. Rescuers said the bodies of 11 men and nine women had been recovered from the wreckage of the cable car at the resort of Cavalese near Trento in the Dolomite mountains of northeastern Italy.   LEISURE   Lankans would be sipping wine, not tea, if not for the British   Tribute to Brecht by Marathi writers SPORTS   Warne pulls out of New Zealand tour   Malaysia beckons Vijayan EXPRESSIONS   Gujral Doctrine, Part II   Acknowledgment is in order BUSINESS   Rupee remains volatile   Silver prices zoom GENERAL   Rebels may favour Australia's ties with British monarchy   No report of survivors in Philippines crash POLITICS   Purohit decides to stay out of polls   BJP gets "real", consensus is the buzzword now