Monday, January 18, 1999
PM for power tariff revamp
Prime Minister Atal Behari Vajpayee has suggested tariff rationalisation in the power sector to make state electricity boards (SEBs) more viable and efficient.
Manmohan warns of BoP crisis
Former finance minister Manmohan Singh has warned that India could face a serious balance of payment crisis in the wake of the gloomy economic scenario resulting from a 'crisis of governance'.
DRI unearths Rs 950-crore fraud
The Directorate of Revenue Intelligence (DRI) has unearthed a Rs 950 crore fraud by the Mumbai-based Hamco group of companies through foreign letters of credit (LCs) route. It has handed over the case to the Directorate of Enforcement as it involves massive FERA violations.
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