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Tuesday, July 8 1997
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New vehicle emission norms by month-end![[Details]](/icons/bullet.gif){kind=icon}
The Centre will announce a new set of motor vehicle emission norms by the end of this month. Secretaries of the surface transport, environment and law ministries will be meeting on July 16 to finalise the norms.
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RBI exchange fluctuation reserve slips as gold price crashes
The gold price crash in the international market has triggered a substantial dip in the Reserve Bank of India's exchange fluctuation reserve (EFR). The Indian central bank is set to register a dip in the EFR in its 1996-97 (July-June) balance sheet following the slump in yellow metal prices.
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Toubro plans Rs 50-crore food processing foray
Punjab-based Toubro Industries will diversify into food processing in a big way. On his return from a tour of the US, Holland and Germany, company chairman Kanwar Deep Singh stated yesterday that his visit was aimed at finalising the details of the proposed project.
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The Group
