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Friday, January 15, 1999

Centre hikes customs duty on sugar by 15 per cent
The Centre has decided to increase the basic customs duty on sugar imports from 5 to 20 per cent ad-valorem. But the additional duty of customs per tonne is unchanged at Rs 850.

RBI directs banks to put ALM in place by April
The Reserve Bank of India on Thursday directed banks to put in place an asset liability management (ALM) system in place by April, 1999.

Haldia Development Authority plans to raise public debt
The Haldia Development Authority (HDA) has decided to go in for public debt for the industrial township's infrastructure development.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Indonesian copper gloomy, aluminium shines
  S&P sees Seoul ratings upgrade likely
  China 1999 fuel oil imports may hit 16m tonnes
  China oilseeds imports from Brazil seen rising
  Domestic soft oil imports to rise after Brazil's move
  China to slash trust firms, announcement imminent
  Japan firms see no immediate impact from Brazil
  IMF urges Brazil to press on with spending cuts
  Tung says HK economy has bottomed out, to stay flat
  Jitters in Thailand on Brazil currency woes
  Brazil faces critical day after devaluation
  Executive Briefing


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