-Livemint.com PM Modi said due to the lack of transparency in the country's Banking sector earlier, various practices used to take place Audit Diwas: Prime Minister Narendra Modi on Tuesday said that Banks' NPAs kept increasing in the past due lack of a lack of transparency in the Banking sector. He said due to the lack of transparency in the country's Banking sector earlier, various practices used to take place. “As a...
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Stubble Burning Contributes Only 10% To Air Pollution, Supreme Court Told
-NDTV.com Delhi Air Pollution: To bring down pollution, the central government suggested three steps to the Supreme Court which include the introduction of an odd-even vehicle scheme, a Ban on trucks' entry in Delhi, and the severest - lockdown. New Delhi: The Centre on Monday told the Supreme Court that stubble burning is not the major cause of worsening air quality in Delhi and northern states, as it contributes to only 10...
More »Govt. Squeezes Spending, Even Though Tax Collections Have Increased -Subodh Varma
-Newsclick.in Modi government has restrained spending of various ministries including education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...
More »RBI imposes severe restrictions on this Bank, imposes Rs 1,000 cap on withdrawals — check details
-PTI/ Financial Express As per the directions, the Bank shall not, without the prior approval of the RBI, grant or renew any loans and advances, make any investment, incur any liability, and disburse or agree to disburse any payment. The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi Cooperative Bank Ltd, Solapur, including a Rs 1,000 cap on withdrawals for customers, due to deterioration in its financial position. The...
More »India's retail inflation rate rises marginally to 4.48% in October
-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...
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