CII to set up fund for Kargil victims
The Kargil situation seems to have touched a humane chord with India Inc. CII has approached its member companies seeking liberal contributions for the soldiers and their families affected by the Kargil operation.

RBI foils banks bid to boost profits via accounting jugglery
In a desperate attempt to shore up the net profit for fiscal 1997-98, a string of public sector banks have approached RBI to allow them to treat foreign exchange transacations in accordance with the accounting standard 11.

Task force seeks Y2K compliance status report from MoST, power ministry
The Y2K action group, headed by Planning Commission member Montek S Ahluwalia, has asked the ministries of power and surface transport to submit a status report on Y2K compliance within a fortnight.

  Mineral production falls by 16%
  Kharif crop output to rise 5.75% -- Ministry
  `Global tea prices to rise if shortage exceeds 100m kg'
  European Central Bank says euro's stability is `favorable'
  Eichel is unfazed by euro's decline
  Andhra Pradesh govt hires US networking firm
  Briefing
  Brazil makes a splash at first-ever oil exploration rights auction
  US House gives Clinton authority to waive sanctions by a year
  Shipment period for cotton waste extended
  Reliance Jamnagar unit commisioning to hit polymer prices
  RBI seeks Centre nod for stamp duty waiver on gold scheme
  Excise wing, 8 firms to sign audit-protocol scheme
  Bonds auction suffers jolt as 12yr paper partly devolves on dealers
  Executive briefing
  Army mounts offensive to capture Tiger hills
  Tardy progress in sale of Harshad properties
  Perils of bounced cheques -- How to book culprits and spare the innocent
  Chennai cable operators strive for technology edge to beat competition
  Marketplace Briefing
  NHAI to invite bids for EPC contract for Ahmedabad-Vadodara expressway
  Airport task force for acquisition of 50-seater in NE
  Kayamkulam plant shutdown to save KSEB Rs 359 cr
  Briefing
  Delay in FDI clearance in housing worries NRIs, foreign investors
  Briefing