Loan Waivers Are the Needful, Says HD Deve Gowdy

Loan waivers must be granted at this time, says HD Deve Gowdy, former prime minister. Prime Minister Narendra Modi must realise the need to address the concerns of farmers through some relief package including loan waiver ahead of the upcoming Lok Sabha polls after the defeat of the BJP in three Hindi heartland states.

American Labour Federation Sued Donald Trump

Democrats in the House unveiled two bills Monday to fund shuttered government agencies without approving money for Trump’s border wall and put hundreds of thousands of federal workers back on the job. They plan to pass them as soon as the new Congress convened Thursday, one of the first acts after Democrats take control.

UPI Transaction of Monetary Value of Rs. 1 Trillion Conducted In December 2018

In a record of sorts, 620.17 million UPI transactions worth ₹102,594.82 crore were conducted in December, as compared to 524.94 million transactions valued at ₹82,232.21 crore in November—an 18% increase in transaction volume, data from the National Payments Corporation of India (NPCI) showed Tuesday. December was the first month when over 600 million UPI transactions were recorded. UPI transactions had crossed the 500 million-mark for the first time in November.

Jet Airways Facing Financial Difficulties Default On Debt Payment

The 25-year-old airline is facing financial difficulties and owes money to pilots, lessors and vendors. Intense pricing competition, a weak rupee and rising fuel costs weighed on the country’s airlines in 2018. Failed to pay Debt payment to bank

Urjit Patel Resigned Due to Personal Reason- Said PM Modi

Mr Urjit Patel resigned after months of perceived acrimony between the government and the central bank over issues ranging from liquidity and credit flow to tackling weak banks, which raised concerns about the RBI’s independence ahead of general elections this year.