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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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SC resolves Char Dham road width issue; order awaited - Jayashree Nandi

-Hindustan Times While the Centre has been arguing for a two-lane highway with seven-metre carriageways, some HPC members contended that such a broad width would be dangerous for the fragile Himalayan ecology because it is highly susceptible to landslides A Supreme Court (SC) bench on Tuesday heard Ravi Chopra, the chairman of the high-powered committee (HPC), which is reviewing the Char Dham highway project in Uttarakhand, and accepted the final report submitted...

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Adopt a green growth strategy to boost the sluggish automobile sector

Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...

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100 bridges across the country can collapse anytime: Transport minister Nitin Gadkari

-The Times of India (with PTI inputs) NEW DELHI: Over 100 bridges in different parts of the country are on the verge of collapse and need immediate attention, union transport minister Nitin Gadkari said in the Lok Sabha on Thursday. The startling information came to light after the Ministry of Road Transport and Highways completed a safety audit of 1.6 lakh bridges in the country and more than 100 structures were found to be...

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Online petition questions lack of toilets for women along highways -Bindu Shajan Perappadan

-The Hindu “I am extremely disturbed at seeing how women suffer when they travel by bus because they don’t have decent toilet options available,” says Mr. N.V. Vasudeva Sharma, who works in the field of child rights. Mr. Sharma has now decided to do more than just hearing the women out. He started an online petition on Change.org with a single signature. The petition, which has found 1,14,296 supporters now, will now...

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