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April 1998
• April 30, 1998
• Jalan does not cut CRR in first credit policy
• 'I feel the economy has the potential to grow by 7 to 8 percent'
• Only Indians, not foreigners, are exercised over swadeshi: FM
• Prune fiscal deficit, Jalan tells Centre
• Industry welcomes 'growth-oriented' credit policy
• FIIs allowed to buy and sell T-bills
• RBI to issue discussion paper on banking sector reforms
• BSE: 3964.95; Sensex nosedives by 112.55 points
• NSE: 1151.10; Nifty up by 4.30 points
• Forex: Rs 39.7350/7450; Rupee loses marginal ground
• April 29, 1998
• PMO to monitor economic growth
• 'You won't be kicked out': PM assures MNCs
• RBI governor walks a tightrope
• Sinha seeks suggestions from FIs to revive India Inc
• Maharashtra launches Operation Airlink
• NSE: 1146.80; Nifty dips 17.55 points
• April 28, 1998
• 'Companies are still treated as family property'
• India will present its case before WTO with force, says Joshi
• RIL earns net profit of Rs 16.53 bn, okays 35 pc dividend
• Reforming power! Regulatory commissions soon
• BSE: 4082.83; Sensex goes up by 31.85 points
• NSE: 1164.35; Nifty dips 9.45 points
• Forex: Rs 39.72-73; Rupee declined marginally
• April 26, 1998
• Kerala is India's Golden Gate!
• Hegde flays protections, asks industry to be competitive
• Budget to be presented on June 1
• Infrastructure investment will increase, says M S Ahluwalia
• Khan working group suggests bank, FI mergers
• April 25, 1998
• The swadeshi brigade plans to spread the word against MNCs
• Economists stress need to cut subsidies
• Staff flay Narasimhan report to close unviable banks
• Scrapping and renegotiating Enron cost $175 million
• BSE: 4050.98; Sensex loses still another 41.25 points
• NSE: 1173.80; Nifty dips 8.30 points
• Forex: Rs 39.70-71; Rupee steady
• April 24, 1998
• Kerala legislature attacks new Exim policy
• Board culls steps to widen tax base
• Clinton may address US-India business meet
• BSE: 4092.23; Sensex loses another 87.21 points
• NSE: 1182.10; Nifty drops 28.70 points
• Forex: Rs 39.69-70; Rupee steady
• April 23, 1998
• Gupta panel recommends liberalising agriculture loans
• Derivatives trading by midyear, hints SEBI chief
• BSE: 4280.96; Sensex plunges 100 points
• NSE: 1210.80; Nifty dips 1.95 points
• Forex: Rs 39.70-71; Rupee steady
• April 22, 1998
• Congress MP claims more wealth than Mittal, Ambani
• Blackout! Goa starved of power
• 'Indian companies must prepare for globalisation'
• BSE: 4280.96; Sensex shoots up 70.23 points
• NSE: 1212.75; Nifty gains 5.6 points
• Forex: Rs 39.66-70; Rupee weakens by 3 paise
• April 21, 1998
• Exim Policy shock for Kerala
• BSE: 4210.73; Sensex gains 23.97 points
• NSE: 1207.15; Nifty loses 2.85 points
• Forex: Rs 39.64-66; Rupee hardens by 3 paise
• April 19, 1998
• Cola war hots up as Pepsi take Coke to court
• BJP likely to delay capital account convertibility
• Budget likely in last week of May
• Stocks review: Another good week
• April 18, 1998
• Govt will cut deficit, boost growth, Sinha tells IMF, WB
• Foreign investment to be cleared case-by-case
• BSE: 4186.78; Sensex gains 52.46 points
• NSE: 1210.00; Nifty rises 12.95 points
• Forex: Rs 39.68-69; Rupee steady
• April 17, 1998
• Globalisation risks worry developing countries
• SEBI tightens screws on companies
• BSE: 4134.32; Sensex drops 58.18 points
• NSE: 1197.05; Nifty dips 9.25 points
• Forex: Rs 39.68-69; Rupee gains 3 paise
• April 16, 1998
• Bengal passes the buck to Delhi on Dunlop promise
• Swadeshi no bar to business, FM tells Americans
• Goa ban on gutkha irks traders, pleases public
• Panel suggests sugar decontrol
• BSE: 4192.50; Sensex zooms 106.57 points
• NSE: 1206.30; Nifty rises by 46.85 points
• Forex: Rs 39.72-73; Rupee loses another 10 paise
• April 15, 1998
• Sadhus vs the Big Mac
• Will exim policy go dream budget way?
• Bias against Indian computers, claims plea
• Sinha to meet IMF, WB officials
• Markets closed on account of Ambedkar Jayanti
• April 14, 1998
• Exim policy for export thrust, to set up anti-dumping body
• Forex: Rs 39.60-62; Rupee weakens by 10 paise
• BSE: 4085.93; Sensex drops 32.36 points
• NSE: 1159.45; Nifty loses 32.95 points
• April 12, 1998
• Goa to allow offshore casinos
• Stocks review: BSE, NSE gain over week
• April 10, 1998
• Nadars now banking on Jayalalitha
• Goa hoping for tax benefit extension
• Videocon promoters offer to buy shares in open market
• NSE: 1209.60; Nifty up 21.80 points
• BSE, Forex closed on account of Mahavir Jayanti
• April 9, 1998
• UN agency lauds India's pace of reforms
• BMW bike prices slashed as sales crawl
• BSE: 4183.57; Sensex loses 10.70 points
• NSE closed on account of Bakri Id
• Forex market closed on account of Bakri Id
• April 8, 1998
• Indian Cements takes over Raasi to become #2
• WTO favours India against US in shrimp case
• Forex: Rs 39.60-61; Rupee weakens by 5 paise
• BSE: 4194.27; Sensex zooms up 24.05 points
• NSE: 1187.80; Nifty up 0.70 point
• April 7, 1998
• FM bypasses swadeshi, welcomes foreign investment
• Simple notice not enough to sack employee, says SC
• Be ready for hard decisions, Vajpayee tells BJP cadres
• European economist backs BJP's economic policies
• Forex: Rs 39.555-565; Rupee loses 4 paise
• BSE: 4170.22; Sensex zooms 94.17 points
• NSE: 1187.10; Nifty gains 13.65 points
• April 5, 1998
• Stocks review: BSE crosses 4000 mark; NSE up
• April 3, 1998
• Jaya's man is de facto boss in finance ministry
• State Bank cuts prime lending rate
• Forex: Rs 39.50-51; Rupee weakens by 3 paise
• BSE: 3992.72; Sensex rises further by 23.15 points
• April 2, 1998
• Environmental conservation second to development, says PM
• Rags-to-riches saga's Torrent group chief, U N Mehta, dead
• BSE: 3969.57; Sensex shoots up 76.82 points
• April 1, 1998
• IIT Takeoff! Boeing picks on Indian brains
• Goa dearer for tourists
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