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Policy Watch
RBI issues directions to Mumbai's City Co-operative Bank, puts limit on withdrawal

Under the order, without the prior approval from the RBI, the bank can't grant or renew any loans and advances or investment. The RBI statement said the bank can't anchor any liability, including borrowal of funds, and acceptance of fresh deposits.

The facility is provided to those beneficiaries who do not possess Aadhaar cards or fail fingerprint authentication
From now on 75 lakh e-way bills can be generated daily in place of 26 lakh earlier; traders say the real test will start on Monday
The ceiling of tax-free gratuity for central government employees had already been revised to Rs 20 lakh with the implementation the 7th Pay Commission.