Saturday, October 31, 1998
Mega economic package okayed
The Union Cabinet has cleared a mega economic package which will enable the government to close down 8 chronically sick public sector units, as well as give a big push to the infrastructure sector.
Jalan predicts 6 pc GDP growth
Predicting a six per cent gross domestic product (GDP) growth for the current fiscal, the Reserve Bank of India (RBI), in its mid-term review of monetary and credit policy, has warned about the rising fiscal deficit.
Harshad rigged scrips: SEBI
The Securities and Exchange Board of India (SEBI) has decided to crack its whip against 18 brokers who indulged in price rigging activities during April and June this year. It has also established the role of the securities scam accused Harshad Mehta in the price manipulation of these scrips.
|
|
