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Kerala seeks Rs 5,000 cr. as special Central aid

Kerala seeks Rs 5,000 cr. as special Central aid

• Kerala Chief Minister Pinarayi Vijayan has sought special assistance of Rs 5,000 crore as a grant from the Centre, apart from a 10% hike in the allocation under various Centrally-sponsored schemes and an additional assistance of Rs 4,796 crore from the National...
NPAs with PSU banks declining: Jaitley

NPAs with PSU banks declining: Jaitley

• Non-performing assets with public sector banks are on the decline, Finance Minister Arun Jaitley said on Tuesday, adding that public sector banks are expecting recoveries of loans to the tune of ₹1.8 lakh crore this financial year. • The Insolvency and Bankruptcy...
Enact ‘strong law’ to cleanse politics: SC

Enact ‘strong law’ to cleanse politics: SC

• The Supreme Court on Tuesday directed political parties to publish online the pending criminal cases of their candidates and urged Parliament to bring a “strong law” to cleanse political parties of leaders facing trial for serious crimes. • Rapid criminalisation of...
Varsities to observe ‘Surgical Strike Day’ on September 29

Varsities to observe ‘Surgical Strike Day’ on September 29

The University Grants Commission (UGC) has written to the Vice-Chancellors of all universities to celebrate Surgical Strike Day on September 29 to mark the event along the Line of Control that day in 2016. The letter also desires that students pledge their support for...
Merged bank could see rise in NPAs: India Ratings

Merged bank could see rise in NPAs: India Ratings

• The proposed merger of three public sector banks, Bank of Baroda, Vijaya Bank and Dena Bank, is expected to result in better operating efficiency in the long run but there could be an increase in slippages in the short-term, India Ratings. • The rating agency said...
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