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The facility to the NHB is to shield the housing sector from liquidity disruptions and augment the flow of finance to the sector through housing finance companies, RBI governor Shaktikanta Das said in a statement. While the funds to Nabard will help ameliorate the stress being faced by smaller NBFCs and microfinance institutions in obtaining access to liquidity
Brazil pitches for 'Scorpene Club' of nations as Macron visits IndiaIn an interview with ET, the Brazilian Secretary of Defence Products said that other areas of cooperation include the possibility of forming a Scorpene club of nations that produce and operate the submarines where best practi… Read MoreMaharashtra Speaker Narwekar to chair panel to review anti-defection law: Om BirlaLok Sabha Speaker Om Birla announced the formation of a committee chaired by Maharashtra Assembly Speaker Rahul Narwekar to review the anti-defection law during the All India Presiding Officers' Conference. The law aims to cu… Read MoreAryna Sabalenka overpowers Zheng Qinwen to retain Australian Open crownThe Belarusian second seed has barely put a foot wrong at what has turned into her happiest hunting ground as she became the first woman to retain the Melbourne Park crown since compatriot Victoria Azarenka in 2013. "It's bee… Read MoreUS manufactured goods orders almost unchanged in DecemberUS manufactured goods orders remained unchanged in December, with primary metals orders up and transportation equipment orders down. Durable goods orders for November were revised slightly higher. The figure for December was … Read MoreDowned plane hit by missile fired from Ukraine: Russian investigatorsIn a statement posted on the Telegram messenger app, investigators said that its "preliminary" conclusion was that the Il-76 had been hit by an anti-aircraft missile, and that it had opened a criminal investigation into the a… Read More
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