The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.
This is causing a shortfall of critical ammunition within the army at a time when the MoD is making emergency purchases from the global arms market to cater for a possible clash with China.
A plant-rich diet high on fruits and veggies with less meat and sugar can help reduce diabetes, according to a study.
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
Indonesia, Turkey and Afghanistan also see important polls in the seven short weeks between end-March and mid-May, says Shankar Acharya
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