
Monday, November 9, 1998
Panel moots tariff walls to prop steel firms
A working group set up by union finance minister Yashwant Sinha to devise a revival package for the demand-starved steel industry has recommended tariff barriers to check unfair competition from imports, fiscal sops to boost exports, and advised banks to stand by the industry in its hour of gloom.
Kumaramangalam seeks $300 mn from RIB fund
Power minister P R Kumaramangalam has asked the State Bank of India (SBI) to allocate $300 million (about Rs 1,300 crore) for the power sector from its $4.2 billion collection though Resurgent India Bonds (RIBs).
State agro fair draws large crowd but investments not forthcoming
Agro Advantage Maharashtra comes to an end today. The state-sponsored Agro fair also organised the Global Investors' Convention and Agro Food Tech '98 as a part of the four-day mega event.
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