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INDIAN EXPRESS FRONT PAGE
Politics	Business	Expressions	General
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Tuesday, October 13, 1998

FM allays fears over US-64, backs UTI
The government today admitted for the first time that "vested interests" were responsible for the stock market crash following the Unit Trust of India (UTI) rumpus.

RBI fund to cover RIB forex risk
The Reserve Bank of India (RBI) has created a sinking fund styled as `RIB-Maintenance of Value Account' (RIB-MOV) to cover the foreign exchange risk on the Resurgent India Bond (RIB) scheme.

SEBI meet on share rigging
The Securities and Exchange Board of India (Sebi) has convened a meeting of stock exchanges to discuss ways to improve surveillance of markets and check manipulation of share prices.

India, China to recover first in Asia
Sensex dips 44 points
NTPC turns a blind eye on Delhi, UP dues
Gilt trading declines to Rs 82,900 cr in H1
Hyundai gets bookings for 10,000 Santro cars
Bizbits
US-64 redemptions rise to Rs 650 cr in 8 days
10% duty on carbon black
Infosys, Satyam H1 profits up
CMIE scales down GDP growth