$3-BN CAP PUT ON BORROWING FOR PETRO GOOD, CRUDE IMPORTS
Article Abstract:
The government has decided to place a ceiling of $3 billion on external commercial borrowing (ECB) for the imports of petroleum products and crude in 1998-99 against $2.9 billion in 1997-98. The hydrocarbon sector has an ECB ceiling of around $4.2 billion out of which $3 billion has been set aside for crude and petroleum products while the rest will be used by companies like the Oil and Natural Gas Commission and Oil India to import capital goods. (khr)
Comment:
India: Government to place ceiling of $3 bil on external commercial borrowing for petroleum & crude prods imports in 1998-99
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
CUT IN SIL VALUE-LIMIT FOR IMPORTS BENEFITS MNC PCs
Article Abstract:
The government has notified that computers valued at over Rs70,000 can now be freely imported while those worth less than Rs70,000 will have to bear the 4 percent special import licence premium. This will help the imports of lower-end multinationals brands like Compaq. Multinational companies will now prefer to import computers instead of manufacturing and assembling them in the country. (khr)
Comment:
India: Govt notifies that computers valued at over Rs70,000 can now be freely imported
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: 22% SAFEGUARD DUTY MOOTED FOR PROPYLENE GLYCOL IMPORTS VITAMIN A IMPORTS AGAINST SHRIMP EXPORTS SCALED DOWN EXPORTS OF VIAGRA INPUT MAY BE DELAYED
- Abstracts: RBI TAKES THE EXPORT ROUTE TO BOOST Re Re GETS POLICY PILL, BOUNCES BACK JALAN BLAMES IT ON ASIAN CRISIS
- Abstracts: SAP INITIATES ACTION AGAINST ILLEGAL SOFTWARE USERS. DSQ PROMOTER FOR OUT-OF-COURT DEAL WITH CDC STOCK OPTION RULES FOR IT COS FORMATTED
- Abstracts: DCM PLANS MAJOR REVAMP TO CUT DOWN DEBT BURDEN RIL LOOKS AT S-E ASIA FOR TAKE-OVERS
- Abstracts: ALL NET SLUMPS 85% SALES TOO NOSE DIVE TELCO TO FORM ANOTHER JOINT VENTURE WITH CUMMINS