RBI extends restrictions on PMC Bank for 3 months till March 2022

The restrictions on Punjab and Maharashtra Cooperative (PMC) Bank has been extended for another three months till the end of March next year. Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance…

Karnataka | Tomato prices soar as rain spoils crops, respite unlikely before three months

Incessant rain across Karnataka has wreaked havoc for farmers. According to preliminary reports, 24 people have lost their lives, 191 livestock animals are dead, 5 lakh hectares of agricultural crops have been lost and 30,114 hectares of horticultural crops have been damaged. Rains have caused extensive damage to…