Vijay Mallya

CBI grills two former RBI deputy governors in loan fraud investigation

Two ex-deputy governors at RBI are facing investigation in the Kingfisher loan case. Separately, the CBI had quizzed former deputy governors Harun Rashid Khan and KC Chakrabarty as part of its probe into the PNB scam and a forgery case filed by the Indian Overseas Bank. Jul 5, 2018
kumaraswamy

Karnataka budget 2018: CM Kumaraswamy likely to announce loan waiver package

The new Karnataka budget will focus on farm loan waivers, which has been an important part of the JD(S) campaign. The proposed write-off will be in addition to a similar waiver the previous Congress government declared in June for over 22-lakh farmers who borrowed crop loans up to Rs 50,000 each from the cooperative banks. Jul 5, 2018
Prime Minister Narendra Modi

Centre hikes new season common rice purchase price

India is set to announce a hefty increase in the minimum price it promises to pay for key crops later on Wednesday, sources said, as the government looks to woo the country's 260 million farmers ahead of elections due early next year. Jul 4, 2018
7th pay commission 7th cpc north block finance ministry delhi modi government

Rupee crashes to all-time low at 69 against US dollar

The rupee fell to an all-time low against the U.S. dollar in early trade on Thursday, tracking Asian peers with weakening macro-economic fundamentals on the domestic front also weighing on the currency. Jun 28, 2018