The Financial Express -- Economy

Monday, July 14 1997

Centre to disclose Indian Bank loan beneficiaries

Union finance ministry will publish the list of those who have availed questionable loans from the state-owned Indian Bank, to bring about transparency in the alleged bank scam.

High-cost funds chew NBFC profits

Net profits of non-banking finance companies (NBFCs) in fiscal 1996-97 has increased by a mere five per cent when compared with a growth rate of 61% and 64% in fiscals 1995-96 and 1994-95 respectively.

Concern over increasing frauds by financial firms

A city court has expressed grave concern over increasing number of cheating cases in which innocent investors were being `duped' by some private financial institutions, posing a serious threat to the economic reforms and developmental plans.

Curfew imposed in Nagpur, toll rises to 13

Mumbai high court stays government notification on ciprofloxacin prices

Hong Kong rocked by protest marches against labour laws

Inflation rate up a shade, seen dipping below 5%

China to throw open defence sector for foreign investment

Schilka systems to be upgraded

Chinese firms to benefit from fewer red-chip issues

Financial Briefing -- Bank employees to intensify stir

Israeli tycoon's power plans go haywire

Proton Andhra plant to be largest overseas unit

World Bank tells China to privatise state-owned firms

Steep fall in hotel room occupancy rates

Coal supply to steel industry slips