Economy

Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit …

Attacking the Congress’s demand for a Joint Parliamentary Committee investigation into the Rafale deal, Finance Minister Arun Jaitley said on Sunday that a JPC could not go into the “correctness or otherwise” of a Supreme Court verdict. “The court conducts a judicial review; it is a non-partisan, independent and fair …

More than 100 rescue workers, comprising the National Disaster Response Force (NDRF), the State Disaster Response Force (SDRF) and police personnel, could not rescue or recover the bodies of at least 13 miners trapped in an illegal coal mine in the East Jaintia Hills district. The mine got flooded when …

Indian plastic packaging manufacturers have made a small start towards recycling plastic. But unless they step up efforts in the coming years, they are unlikely to make a dent on the pollution problem When the Centre published the Plastic Waste Management (PWM) Rules in 2016, a key element of it …

It looks like any other mass of rock. But the pieces extracted at Thenpoondipatti in Tiruvannamalai district of Tamil Nadu are put to a specific use. Taken to the neighbouring village of Jaderi, they are crushed and soaked in water to obtain a fine paste which goes on to adorn …

Fintech companies have asked the government to issue a clarification that will allow regulated entities such as banks and non- banking financial companies (NBFCs) to use Aadhaar for eKYC in case of “voluntary submission” by customers. This follows the Supreme Court striking down Section 57 of the Aadhaar Act, that …

The agreement may boost yields by up to 20% ITC Limited has announced that Technico Agri Sciences Limited (TASL), a wholly owned subsidiary, has inked an agreement with James Hutton Institute (JHI), a Scotland-based research and innovation organisation, to source 16 new varieties and 600 new potato clones for trial …

Eye green, black tea consumption in Europe, U.S., Russia, West Asia Two apex industry organisations, Indian Tea Association (ITA) and China Tea Marketing Association (CTMA), have signed a memorandum of understanding to promote green and black tea consumption in major tea markets in Europe , the U.S., Russia and West …

Apex court stays High Court order The Supreme Court on Thursday stayed a Meghalaya High Court order directing private airlines to commence operations immediately from the Umroi airport in the northeastern State. The order was passed by a Bench, headed by Chief Justice Ranjan Gogoi and comprising Justices S.K. Kaul …

Addressing issues concerning the banking sector will be one of the immediate priorities of the newly-appointed Governor of the Reserve Bank of India, Shaktikanta Das, who has called for a meeting with the chief executives of Mumbai-based public sector banks on Thursday. “To begin with, I have convened a meeting …