Wednesday, October 11, 2000, Chandigarh, India


RBI policy to boost markets

No change in bank rate, CRR

MUMBAI, Oct 10— The Reserve Bank of India (RBI) in its mid-term review of the monetary and credit policy for 2000-01 has laid emphasis on strengthening the financial markets by coming out with final guidelines on issue of commercial papers (CPs), categorisation and valuation of banks’ investments and financing by them of equities and investments in shares.

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Mixed response to RBI policy
NEW DELHI, Oct 10 (PTI, UNI) — The industry today gave a mixed verdict on the mid-term credit policy announced by the RBI, saying the measures would improve liquidity in the money market, but cut in interest rates and CRR was required to boost growth.

Police personnel inspect the site of bomb blast outside the Supreme Court in New Delhi on Tuesday.
Police personnel inspect the site of bomb blast outside the Supreme Court in New Delhi on Tuesday. — PTI photo
3 cops hurt in blast near SC
RDX seized, militant arrested

NEW DELHI, Oct 10— Three persons, including two policemen were injured when three crude bombs exploded at one of the entry points of the Supreme Court here this morning, the police said.

6 die in Lanka poll violence
COLOMBO, Oct 10— Six persons were killed in sporadic violence in Sri Lanka’s Parliamentary elections which witnessed heavy turnout of voters across the island, including war-torn north Jaffna peninsula even as the government clamped a nation-wide curfew on Tuesday night as a precaution to prevent clashes during counting of the votes.

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Srimavo BandaranaikeBandaranaike is dead
COLOMBO, Oct 10— Srimavo Bandaranaike, the world’s first elected woman Prime Minister and mother of Sri Lankan President Chandrika Kumaratunga, died today following a cardiac arrest after she had cast her vote in the country’s Parliamentary elections. 

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IN PASSING
IN PASSING
Mamata didi has lost. Now he will never bend on his knees to please her!
by Sandeep Joshi

Surgery on PM successful
MUMBAI, Oct 10 — The 90-minute knee replacement surgery carried out on Prime Minister Atal Behari Vajpayee this morning at Mumbai’s Breach Candy Hospital was successful, said doctors attending on the Prime Minister. Mr Vajpayee was resting peacefully, it was learnt.

Trains diverted, cancelled
5 unions to jam rail traffic on Oct 13

AMBALA, Oct 10 — As many as 14 express and passenger trains were today diverted or cancelled in the wake of rail roko agitation in Punjab by the Bharatiya Kisan Union (BKU) supporters at Maur Mandi under the Ambala-Bathinda rail section of Northern Railway.

Growing frustration of kisans
The paddy crisis in Punjab is getting more and more serious with every passing day. It is shameful that the governments in the state and at the Centre have failed to come quickly to the aid of the kisans, who have to suffer because they have made the country more than self-sufficient in foodgrains! An incisive study of the problem by Hari Jaisingh appears on Edit page today.



Khanna mandi full to brim
KHANNA (Ludhiana), Oct 10 — The condition of glut of paddy in grain markets of Ludhiana district and especially in Asia’s biggest grain market here has reached a critical stage. With the two markets in this town filled to the brim, farmers have no option but to use the footpath and berms along the Grand Trunk Road to pile up their paddy produce.








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Editor, Printer and Publisher: Hari Jaisingh
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Copyright : The Tribune Trust, 2000.