Saturday, February 6, 1999
RBI shelves gold swap scheme
The Reserve Bank of India (RBI) has shelved the `locational swap' of bullion scheme proposed last year by the central bank for utilising its bullion reserves lying idle as a revenue generating commodity.
Amnesty scheme proposed to mop up hidden gold
The finance minister is likely to go in for a gold amnesty scheme in the budget, aimed at mopping up unaccounted gold stocks in the country.
Court extends stay on action against drug firms
The Delhi high court has extended the stay against initiating any punitive action against pharmaceutical companies with respect to a list of eight drugs following a writ petition filed by the Bulk Drug Manufacturers' Association (BDMA). The stay will now continue till April 8, the expected date of the next hearing.
|
|
