The Financial Express -- Economy

Sunday, May 18 1997

Baalu move on diesel dual-price regime hits roadblock

Minister of state for petroleum T R Baalu's proposal for a dual-pricing regime for diesel and withdrawal of a Rs 1,500-crore feedstock subsidy on fuel oil, low sulphur heavy stock oil (LSHS) and naphtha for the fertiliser industry has run into rough weather.

Infrastructure Bond Issue

Bill to rationalise income tax in winter session: FM

A bill to rationalise and simpliy the income tax law will be introduced in the winter session of parliament, finance minister P Chidambaram said on Friday.

Diamond exports hit by lack of expert appraisers

A shortage of gem and jewellery expert appraisers at the Diamond Plaza Clearance Centre (DPCC) in central Mumbai is seriously hampering the diamond export business. There is a demand for eight appraisers in Mumbai, while the government has appointed only seven appraisers.

There's money in ISO, says the quality man of SSI

GDP growth rate may be tethered to 6%: PHD chief

A shake out is inevitable

Forex reserves scale new high, exceed $23 bn

There's flexibility in venture capital

Exchange torn currency notes for new at any bank