Monday, December 14, 1998
Courts told not to interfere in high-cost projects
The Supreme Court has ruled that public interest litigants and private parties obtaining stay against implementation of projects should be made liable for cost escalation of the project if ultimately the petitions fail in courts.
India asks WTO to set guidelines on import curbs
India has asked the World Trade Organisation (WTO) to come out with clear-cut guidelines on import curbs to developing nations so as to enable them to take necessary action to preserve their foreign exchange.
Parliament panel raps govt on delay in awarding oil contracts
The Parliament committee has flayed government for undue delay in awarding contracts for various oil exploration blocks just a month before roadshows for New Exploration Licensing Policy are to begin.
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