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India, France review pact to build nuclear reactors
Saturday, December 15, 2018, 9:01 PM
India and France on Saturday reviewed the progress of a preliminary pact to build six nuclear power plants producing 10 gigawatts of energy to power Asia's third-largest economy. The review was under taken by Indian foreign minister Sushma Swaraj and visiting French foreign minister Yves Le Drian in New Delhi. The court also rejected petitions for an investigation into the Rs 59,000 crore deal.
RBI's solution for MSME loan woes: Public credit registry
Saturday, December 15, 2018, 9:00 PM
The RBI preferred fundamental changes to smoothen loan flow to micro-businesses through a public credit registry, rather than doling out forbearances, deputy governor Viral Acharya said. The statement comes almost a month after the central board "advised" the monetary authority to consider a restructuring scheme for loans up to Rs.25Cr for stressed standard assets of borrowers from the micro, small and medium enterprise sector.
AgustaWestland case: Christian Michels custody extended by 4 days
Saturday, December 15, 2018, 8:58 PM
Christian Michel, alleged middleman of AgustaWestland chopper scandal was produced in Patiala House Court of Delhi before Special Judge Arvind Kumar, as his custody was to end. However, on CBI's demand, court extended the remand for four-more-days, tweeted news agency ANI. The chief investigative agency also wants to fly him to Mumbai to confront with some documents and witnesses and collaborate with some evidence.
