Indirect tax collections spurt 18% in May
Excise collections have registered a growth of 23% in May 1999 over the same month last year. Customs collections too have shown a remarkable increase of 14.8% in May over the same period in 1998.

Profit-sharing, dividend norms for undertakings may be revamped
The finance ministry wants a revamp of the profit sharing and dividend paying policy in all undertakings in which the Government has substantial shareholding.

Task force wants 30-yr lease for 4 airports
The task force on infrastructure has recommended scrapping of the corporatisation of four major airports and suggested that these should be modernised through a 30-year lease arrangement.

  State agencies, FCI procure record 14.07 million tonnes of wheat
  `Centre must promote market share of agro cooperatives'
  EU orders probe into poultry feed contamination in Belgium
  Congress splits in Maharashtra
  States likely to get 30% share of Central Road Fund
  Centre may place Air India selloff package before Cabinet in 15 days
  Lower provisioning norm boosts banks' bottomline
  SEI-CMM levels are a basis for improving capabilities
  IIT counters claims by basic operators
  Slab-based power tariff for farmers costs Haryana Rs 40 crore
  Dubai port hardsells low freight costs, free zone to be one up
  Govt to construct 1.3m houses for rural poor
  Talks on ports employees wages end in stalemate
  States likely to get 30% share of Central Road Fund
  New Campaigns
  State Trading Corporation to go slow on imports as edible oil stocks pile up
  Briefing
  Centre rules out safe passage to intruders
  India, Pakistan to work out date for Sartaj Aziz's visit
  Executive Briefing
  Nachiketa released
  Elections '99
  BSEB to disconnect power supply to defaulting parties