The Financial Express -- Economy

Thursday, December 11 1997

New govt to work out oil tax code, says Montek

The new petroleum tax code is likely to take shape only after a new government is formed, according to finance secretary Montek Singh Ahluwalia. Although it may be implemented by way of promulgating an ordinance, the present government prefers to buy time on this score.

Maharashtra to float fresh tender for convention centre

The Maharashtra government will soon float a fresh tender for the convention centre cum five star hotel in the Bandra-Kurla complex here. It has also expressed its desire to be party to a joint venture with private sector companies for the project.

India puts forth improved banking, insurance package

India has handed in an improved banking and insurance package three days before the deadline for a deal to open up global financial service markets, acording to trade officials. India plans to loosen restrictions on its heavily regulated insurance and banking sector even though the country is in the hands of a temporary caretaker government.

Maran does away with 696 guidelines governing public sector

Income-tax department to wind up VDIS grievance redressal cell

India puts forth improved banking, insurance package

"Joint venture partners can solve rows without hampering projects"

Maharashtra to float fresh tender for convention centre

"Financial sector reforms will help infrastructure"

Depreciation of rupee likely to increase PC prices by 3%

RBI to recast money-supply reporting system

Financial Briefing -- McDowell Krest barred from accepting deposits

India, Finland agree to enhance bilateral trade

US Senators prepare for war on climate pact

Ample scope to develop water resources in eastern India