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Printing presses to RBI: Pay us Rs 577 cr for note-ban loss -Ritu Sarin

-The Indian Express The Rs 577-crore bill is largely on account of huge consignments of imported/indigenous currency note paper used for Rs 1,000 and Rs 500 denominations as well as consignments which had been previously ordered or were in the process of being shipped to India. New delhi: The government’s currency paper printing presses have asked the Reserve Bank of India (RBI) for compensation or reimbursement to the tune of Rs 577...

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No information on how much black money removed by note ban, says RBI

-PTI NEW delhi: The RBI has told a parliamentary panel that it has "no information" on how much black money has been extinguished as a result of demonetisation of Rs 500/1,000 notes or about unaccounted cash legitimised through exchange of currency post note ban. Stating that an estimated Rs 15.28 lakh crore in junked notes has come back "subject to future corrections based on verification process", the Reserve Bank also said it...

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Centre keeping a tab on onion prices

-The Hindu Business Line Why is it up despite a bumper crop? New delhi: The Centre on Monday said it is closely monitoring the price and availability of onions, as there is no reason for the price of the essential vegetable going up considering the bumper production this year. According to the third advance estimate of horticulture production, as much as 217.2 lakh tonnes of onion were produced in 2016-17, compared to the...

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Shameful that garbage hill can kill: Tribunal

-PTI New delhi: The National Green Tribunal today came down heavily on the AAP government and the East delhi Municipal Corporation (EDMC) over the Ghazipur landfill collapse in which two persons were killed, saying "nothing can be more humiliating than people being killed under garbage hill". The green panel issued notices to them while directing them to show cause why punitive action should not be taken against the delhi government and criminal...

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Bacteria getting resistant to antibiotics in poultry farms

-The Hindu Business Line Abuse of antibiotics, poor waste management main reasons: CSE study New delhi: The unfettered use of antibiotics to keep chicks healthy in poultry farms has led to a proliferation in bacteria, which are resistant to the best of drugs used for fighting infections, according to a new study. An analysis carried out by the New delhi-based NGO, Centre for Science and Environment (CSE), said the soil in and around...

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