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Economy and Politics
Urjit Patel for avoiding premature policy action by RBI: MPC minutes

RBI Chief Urjit Patel, during the MPC meeting held on June 6-7, also underlined the need for resolution of stressed assets of banks and timely recapitalisation of public sector lenders.

 
 
Railways has appointed nodal officer in each state to ensure smooth transition into the new single tax regime.
According to the government, the cost of the project, estimated to be around Rs 140 crore, would be borne from the Centre's Nirbhaya Fund.
Can waiving loans solve the larger agricultural crisis that have plunged the farmers into despair?
 
 
Banks and post offices will, however, have to explain for not depositing the withdrawn notes with the previously specified time period, that is, December 31.
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
Dengue is quite a dreaded disease, and insurance companies are offering special insurance cover to take care of the medical expenses in case it is required.
Punjab Finance Minister Manpreet Singh Badal today blamed commercial banks for "unethical" loaning to farmers which made growers "debt ridden".
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