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Politics Business Expressions General Sports Leisure States 10 March 1998   Govt plans encashable bonds for exporters The Union government is planning to issue a tradeable and encashable bond to be issued against the payment of excise and customs duties and a fast track scheme to refund all input level taxes to exporters.   Ministry against pre-paid cellular cards Cellular operators seem to have got on the wrong side of the government yet again. The Home Ministry is worried about the security implications of selling pre-paid cell-phone cards to people without ascertaining their proper identity. Garware Polyester witnesses unprecendented rise on BSE The unprecedented rise in trading volumes in Garware Polyester on Monday on the Mumbai Stock Exchange could leave many guessing. As many as 25.65 lakh shares were traded on BSE on Monday, with the share price spurting by nearly 18 per cent to Rs 18.15. World oil prices sink to 4-yr low World oil prices sank to fresh four year low today after Saudi Arabia killed the chances of the possibility of a quick OPEC meeting aimed at propping up glutted global oil markets. Brent crude, the world benchmark, opened at 13.45 dollar a barrel on London's International Petroleum Exchange (IPE).   FIs divided over takeover offers Sharp differences have cropped up among financial institutions over the open offer for takeover made by India Cements and Sterlite Industries for Raasi Cements and Indian Aluminium respectively. While a section of the FIs, mainly Unit Trust of India, wants to sell out at the best price available, the Industrial Development Bank of India (IDBI) is looking for a stable management. Highway projects on slow track The road to the privatisation of two major four-laning projects on the national highway have hit speed-breakers. The bidding process for the four-laning of the NH-45 in Tamil Nadu and NH-8 in Rajasthan with an estimated investment of Rs 480 crore is under wraps.     Sensex spurts by 99 points   Alcan threat on Indal issue   Ford's new model   Bullish sentiment prevails   Arvind Mills NCD rating lowered