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Thursday, October 15, 1998

"Inflation may rise on high money supply growth, food prices"
The inflation rate is likely to remain high and may even rise further from the current levels due to the high growth in money supply and increase in food article prices.

Central Board of Direct Taxes notifies norms on infrastucture bonds issue
The Central Board of Direct Taxes (CBDT) has said corporates entities allowed to float infrastructure bonds under Section 10 (23 G) of the Income Tax Act can avail of the facility for three assessment years.

India agrees to sign two patent treaties
India has agreed to abide by the Paris convention for the protection of industrial property and the patent-cooperation treaty, according to UN patent agency, the World Intellectual Property Organisation.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  China sees exports hit harder by Asian crisis
  Cotton exports show sharp decline in 1997-98
  Korea considers restricting chaebols' bond issue
  Kerry Packer tax ruling angers Australian experts
  GITIC guarantees add twist to tangled debt tale
  Country's sugar output seen at 150-155 lakh tonnes
  Japan urged to make fresh fiscal spending
  Domestic sugar sector for total decontrol
  Malabar Cements H1 net dips to Rs 7 crore despite jump in sales
  NY precious metals end mostly higher on low volume
  Thailand's rice exports may fall short of target
  Japanese gold, platinum sales up on yen rise
  Japanese traders eye South Korean kerosene
  Marketplace Briefing
  Economy Briefing
  Himatsingka Seide sales jump to Rs 38 cr
  Japan may force banks to accept public funds
  Amartya Sen bags economics Nobel Prize
  I-T wing raids fashion designers
  Unit Trust has enough liquidity to meet its commitments, says Sinha
  Executive Briefing
  Agrochemicals have good export potential


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