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CHENNAI: The Madras high court has ordered notice to the state government on a plea to quash a government order banning use and manufacture of plastic bags, insofar as the non-woven polypropylene carry bags are concerned. 

The rupee on Tuesday opened 23 paise up at 71.33 against dollar on account of some selling in American currency by banks and exporters and a sharp decline in global crude oil prices. 

NSIC organizes programmes for Skill Development and Self-Employment through its 8 technical centres located at Aligarh (Uttar Pradesh), Chennai (Tamil Nadu), Howrah (West Bengal), Hyderabad (Telangana), Okhla (New Delhi), Rajkot (Gujarat), Rajpura (Punjab) and Neemka (Haryana).

Commerce and industry minister Suresh Prabhu will this week review the proposed ecommerce policy that is being put together by the Department of Industrial Policy and Promotion (DIPP).

Reports that the banks and the Reserve Bank of India (RBI) are forwarding cases of non-realisation of export proceeds to the Enforcement Directorate (ED) have created “avoidable panic” among even genuine exporters who have submitted their documents to the banks, according to an apex exporters’ body.

NEW DELHI: Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. 

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