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Thursday, April 1, 1999

Curbs on consumer goods' import lifted
In a major liberalisation, the government today removed curbs on the imports of 894 items, said that all export-processing zones would become free trade zones from July 1, and moved to give service exports a major fillip.

Govt borrowings at Rs 57,000 cr in 1999-2000
Union finance minister Yashwant Sinha today said that the Centre's borrowings programme had been earmarked at Rs 57,000 crore during the financial year 1999-2000.

RBI sets WMA limit at Rs 11,000 cr
The RBI has fixed the limit for the ways and means advances at Rs 11,000 crore for the first half of financial year 1999-2000 and Rs 7,000 crore for the second half.


Inspirations furnishing fabrics


  RBI withdraws export credit sops
  Sensex gains 56 pts
  Maruti PAT drops by 20 per cent
  Glaxo plans merger with Brystol Myers
  Dewan Housing cuts interest rates
  Trade bodies welcome new Exim policy
  Warburg to buy 20% in Bharti Televentures
  SEBI grants NSE 15 days time
  Ombudsman to hear exporters
  Bizbits



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