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Lucknow To Soon Get 6 Vande Bharat Trains; Ease Of Travel To These Cities In India

In a development that could bring good cheer to residents of the state capital of Uttar Pradesh, the Indian Railways plans to start different Vande Bharat Express trains starting from Lucknow, linking 6 major cities of India to Lucknow.

According to a report in Hindustan (that cites other media reports), these proposed trains could start plying before the 2024 Lok Sabha elections are held.

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RBI to retain 6.5 per cent interest rate as economic growth comfortable, inflation in check: Experts

The Reserve Bank is likely to maintain the status quo on the short-term interest rate in its monetary policy review later this week, with inflation staying in comfort zone and economic growth moving at an accelerated pace, opined experts.

The RBI has left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary policies. The RBI had last increased the repo rate In February to 6.5 per cent, thus ending the interest rate hiking spree which began in May 2022 in the aftermath of Russia-Ukraine war and subsequent disruptions in the global supply chain resulting in high inflation in the country.

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RBI Says ₹ 2,000 Notes, Now Withdrawn, Worth ₹ 9,760 Crore Yet To Return

The Reserve Bank of India (RBI) today said nearly 97.26 per cent of the ₹ 2,000 bank notes have been returned to the banking system, and only about ₹ 9,760 crore worth of the notes are still with the public.

On May 19, the RBI announced the withdrawal of ₹ 2,000 denomination bank notes from circulation.

"The total value of ₹ 2,000 bank notes in circulation, which amounted to ₹ 3.56 lakh crore as at the close of business on May 19, 2023 when the withdrawal of ₹ 2,000 bank notes was announced, has declined to ₹ 9,760 crore as at the close of business on November 30, 2023," the RBI said in a statement.

4

In Mega Defence Deal, Govt Procures 97 Tejas Fighter Jets, 156 Prachand Choppers And More

India gave initial approval to defence acquisition projects worth Rs 2.23 lakh crore including procurement of 97 Tejas light combat aircraft and 156 Prachand combat helicopters, on Thursday. This comes as a major move to significantly enhance the combat capabilities of the armed forces.

The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, cleared the projects, amidst a bitter military standoff that is ongoing between India and China at a number of friction points in eastern Ladakh for over three years.