Borrowers to get additional 60 days to repay loans: RBI
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Borrowers to get additional 60 days to repay loans: RBI

The Reserve Bank of India (RBI) has provided some relief to small borrowers and firms struggling to make repayments on their loan dues due to a shortage of cash. In a press release issued on Monday, the RBI offered an additional 60-days to certain categories of borrowers to make good on their dues. The relief …

Adani to start constructing solar plants in Australia next year
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Adani to start constructing solar plants in Australia next year

Adani Enterprises announced that it proposes to commence construction of two major solar projects in Australia next year, each with an output of 100-200 MW. Adani says land agreements are in place, and design and tendering work is under way, with construction flagged to start next year. The company is also …

Schemes like Clean India to make country eco superpower: President
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Schemes like Clean India to make country eco superpower: President

India’s President Pranab Mukherjee said that “India will become a modern eco power in the whole world!” only if the innovative schemes by the government such as ‘Clean India’ and ‘Digital India’ are successfully implemented. He also remarked that , “India is on beyond the way of Second Green Revolution and right …

Banks may allow cash up to Rs 2.5 lakh for wedding from next week
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Banks may allow cash up to Rs 2.5 lakh for wedding from next week

The finance ministry on Thursday had relaxed the rules for wedding and farm withdrawals, with the ceiling fixed at Rs 2.5 lakh per wedding, per family. “In absence of operational guidelines from the RBI, we are unable to give Rs 2.5 lakh for marriage purposes. We are awaiting direction from the RBI,” said Punjab …

Bajaj Dominar 400 production starts; to be launched in Mid-December
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Bajaj Dominar 400 production starts; to be launched in Mid-December

Bajaj Auto has begun production of its soon to be launched Dominar 400, the 400cc cruiser motorcycle. The new motorcycle gets the name Dominar after it was rumoured to be named as Kratos. Bajaj Auto has rolled out first batch of 400cc motorcycle from Chakan, Pune plant exactly 15 years after the launch of Pulsar …