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Thursday, May 13, 1999

Govt rules out petroleum products price hike
The government has ruled out any hike in prices of petrol and other petroleum products despite hike in international prices, saying it would bear extra costs of imports.

RBI eases commodity exchange trades
The Reserve Bank of India has liberalised commodities exchange trades by allowing Indian corporates or authorised dealers to access international commodity exchanges for hedging commodity price exposure.

Auto firms claims on Euro-II norms misleading -- Govt
The government has termed as "misleading" claims of automobile companies that their cars conformed to Euro-II emission norms saying its testing agencies were yet to give such certification to any manufacturer.



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