
Monday, August 9, 1999
Cong vows to cut real interest rate to 3-5%
The Congress has promised to take specific measures to bring down real rates of interest to between 3% and 5% if voted to power.
Telecom operators accept court terms on revenue-sharing plan
Majority of the private cellular and basic telecom players have decided to give an undertaking to the Delhi high court that they will have no objection to the ratification of the revenue-sharing package by the next Parliament.
Inflation rate declines to 1.19 per cent
The rate of inflation receded by 0.43% to touch yet another 17-year low of 1.19% on July 24, due to a fall in prices of food products and non-food articles.
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