Economy & Nation

Recently, the Reserve Bank of India (RBI) had enhanced withdrawal limit to Rs40,000 from Rs25,000 for depositors of Punjab and Maharashtra Cooperative Bank Ltd. (PMC Bank).    However, this amount might still not be sufficient for those who are facing hardships such as medical...
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Heavy electrical equipment maker Bharat Heavy Electricals Ltd(BHEL) on Friday gained over 22 per cent on the BSE over reports that the government may soon divest its stake in the company.   BHEL scrips on the BSE had surged as much as 29.29 per cent to hit an intra-day high of Rs...
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Several newspaper headlines in recent times have been proclaiming, “Scrappage policy soon to give impetus to the automobile industry.” Apparently, the government will shortly announce a policy that encourages the scrapping of older automobiles, thereby boost new purchases, which, the...
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Reflecting slowdown in the economy, monthly finances of 17 state governments show worrying trend with total receipts growing only 4.1 per cent in the first five months of the current fiscal, compared to same period a year ago.   "For the first five months of FY20, while capital...
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Housing sales across major cities declined 25 per cent during the July-September quarter to 65,799 units, according to a report by Proptiger.com.   During the corresponding period of financial year 2018-19 (FY19), about 88,078 units were sold, the report released on Thursday...
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