Monday, August 16, 1999
Economic fundamentals strong despite Kargil conflict -- Vajpayee
Prime Minister Atal Bihari Vajpayee said on Sunday that the upbeat mood of the markets despite the Kargil crisis has proved beyond doubt that the nation's economic fundamentals are strong enough to weather any eventualities.
Centre may notify banks gold scheme under I-T Act
The central government is likely to notify the much-awaited gold deposit scheme for banks under the Income-tax Act, 1963. The yellow metal is likely to be defined as a central government "security" -- and not commodity.
Indian Oil extends marketing options to Kuwait Petroleum Corporation
The Indian Oil Corporation has offered Kuwait Petroleum Corporation (KPC), its partner in the Rs 8,000-crore east coast refinery, the option of marketing products either through a new joint venture company or through IOC's existing infrastructure.
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