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Debt-laden BSNL secures Rs 3000 crore loan from SBI

Tuesday, January 21, 2020, 10:25 AM

State-run BSNL has secured an Rs.3,000-crore loan from SBI, which will enable it to clear some vendor dues and salaries. As per an official, the loan was sanctioned a couple of weeks ago and Rs.2,500-crore has been utilized so far, of which Rs.1,700-crore went towards clearing dues of some of the vendors. The remaining '500-crore can be used for paying salaries for December.
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RBI says crypto not banned, but don't bank on it

Tuesday, January 21, 2020, 10:19 AM

The Reserve Bank of India has said it had not banned cryptocurrencies such as Bitcoin in India, but only ringfenced regulated entities like banks from risks associated with the trading of such virtual-instruments. The central bank said this in a response to a petition filed by the IAMAI, which wanted it to reconsider the 2018 circular directing regulated entities not to deal in cryptocurrencies.
 
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Assam villagers donate paddy to fund CAA fight

Tuesday, January 21, 2020, 10:09 AM

Residents of about 75 villages in Dibrugarh district have donated 45,000kg of paddy to the All Assam Students Union (Aasu) to help fund its legal battle against the new citizenship law. The donation drive at Sasoni mouza in oil-rich Naharkatia had started over two weeks ago, with each household contributing at least 4kg of paddy.

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