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FINANCIAL EXPRESS FRONT PAGE

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Monday, June 7, 1999

New Basle norms
Banks have moved on since the capital adequacy and risk weightage norms were first put in place globally at Basle 11 years ago.

A doctor takes on the tobacco multinationals
Frederick Noronha the former Portuguese colony of Goa, the gateway which brought tobacco into India, is now turning into a battleground against the weed which enchants millions in India.

Protectionism rises in developed nations
Thomas Friedman, a highly regarded columnist on the New York Times, recounts an interesting story of Suharto's Indonesia. The press, during the Suharto reign, was heavily censored.



  The Index
  Investment pause
  Is income from investments eligible for a tax-holiday?



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