Saturday, September 4, 1999
Oil pool account deficit may touch Rs 1,200 cr
The oil pool account deficit is likely to touch Rs 1,200 crore by March 2000 with a $6 a barrel hike in crude oil prices.
Customs collections may fall way short of target in first five months
The growth in customs collection in the first five months of the current financial year is expected to fall substantially below the target of 23 per cent.
Reserve Bank may review cap on banks' overseas investment and borrowings
The Reserve Bank of India (RBI) has hinted at reviewing the ceiling clamped on banks with regard to their borrowings and investement overseas.
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