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Wednesday, July 29, 1998

United States to lift visa requirements for apparel quota by Dec
United States, one of the major markets for Indian apparel, has agreed to remove visa requirements for quota-based apparel items from India under the World Trade Organisation by December this year.

Sanctions may jeopardise $7.5 billion overseas assistance for power projects
Sanctions imposed in the aftermath of nuclear explosions have put a question mark on external assistance worth $7.5 billion for important central and state sector power schemes.

Income-Tax department plans two-pronged approach to boost collections
The income-tax department is planning to take corrective steps in a bit to boost falling tax collections and to plug loopholes in revenue leakage.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Polish brewers cash in on appetite for beer
  US may provide food loans to Indonesia
  Indian Institute of Bankers to set up seven regional offices
  Islamabad seeks fast-track, mega largesse from World Bank
  East Asian ministers discuss common currency plan
  Unions against plan to trim centre holding in banks
  Japan electronics market recovery seen
  Profit on sale of stock-in-trade is business income
  Asia's recovery will come, but not soon, says Albright
  Private flight operators not to be allowed in international sector
  Don't tighten money supply -- Narasimham
  RBI tells UP to set its finances right, at once
  DoT sops for e-mail service providers
  Drawback facility on textile exports to go
  Budget provisions spell utter confusion in ITAT ranks
  Executive Briefing

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