Bhubaneswar, April 6 (IANS) Senior Sasmit Patra, a leader of the Biju Janata Dal and Rajya Sabha MP, on Monday wrote to Union Minister for Housing and Urban Affairs Manohar Lal, seeking his immediate intervention to ensure that the proposed Metro Rail project, initiated during the previous government, is not scrapped by the state government. In his letter, Patra argued that the project envisioned during the previous Naveen Patnaik-led BJD government is a critical mass-transit backbone for th…
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New Delhi, March 31 (IANS) The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline.The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational challenges in implementing the new norms.The central bank had initially issued the amendment directions on F…