Wednesday, August 11, 1999
Customs alert on spurious vanaspati dumped by Nepal-based Indian traders
Customs posts on the Nepal border have been alerted against the flood of cheap and substandard vanaspati entering India, as Indian traders have set up base in the Himalayan kingdom taking advantage of a bilateral treaty that allows duty-free imports.
Court order puts private telecom players in a fix
The Delhi high court's interim order has put the private telecom industry in a spin as it has to shell out Rs 450 crore as 15% of the outstanding dues within this week.
No need for rupee devaluation -- Deutsche Bank chief economist
The rupee has performed surprisingly well amid the Asian currency crisis and there is no need to devalue it now, Deutsche Bank chief economist Norbert Walter said on Tuesday.
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