Punjab’s Fiscal Woes A Cause For Concern

The freeze on banks’ lending to the Government of Punjab (GoP), has blown over with the Reserve Bank of India (RBI) issuing an authorisation of cash credit limit of INR175.23bn, towards the first installment for the procurement of wheat during the ongoing rabi season, however the liquidity crunch for GoP lately has become a perennial problem, says India Ratings and Research

NCDEX imposes special margin on Chana

All the running and yet to be launched contract of chana will carry the special margins The National Commodity & Derivatives Exchange (NCDEX), India’s leading commodity exchange,…