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Friday, July 16, 1999

Govt assessing Kargil impact on economy -- FM
Union Finance Minister Yashwant Sinha on Thursday expressed concern over the ballooning fiscal deficit and termed it the most intractable problem being faced by the country.

IT industry grows by 33 pc
The Information Technology industry in India has registered a growth rate of 33% at Rs 23,955 crore in the last fiscal from Rs 18,015 in 1997-98 and the total exports revenue crossed the Rs 10,000 crore mark despite economic recessions in the region.

Cadbury net up
Despite a 24% jump in sales the net profit of Cadbury India rose marginally to Rs 5.97 crore in the second quarter ended June 20, 1999 as against Rs 5.08 crore in the corresponding period last year.


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