Centre actively calling for Pre-Budget recommendations from reluctant industry bodies; but there is precedent of populism in Vote-On-Account in UPA II.

These forced loans on banks not only put a burden on the lenders, but also indirectly impact the government exchequer as the public sector banks will have to be recapitalised with the tax payer's money at some later date.

In the two-page letter seen by Business Today, start-up founders have cautioned the government that if the issue is not resolved immediately, Modi's 'Startup India' movement could be derailed forever.

The airline said it continues to ensure that the safety and operations are not impacted.

IPS officer M Nageswara Rao was named the interim director of the CBI.