
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.
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