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CM Wants RBI To Reconsider Norms For Gold Loans, Writes To Union Minister

May 29, 2025

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The New Indian Express Nagapattinam

Chief Minister MK Stalin has written to Union Finance Minister Nirmala Sitharaman urging her to intervene and advise the Reserve Bank of India (RBI) to reconsider its draft guidelines that seek to restrict banks from accepting gold as collateral for agricultural loans up to ₹2 lakh.

- EXPRESS NEWS SERVICE @ Chennai

CHIEF Minister MK Stalin has written to Union Finance Minister Nirmala Sitharaman urging her to intervene and advise the Reserve Bank of India (RBI) to reconsider its draft guidelines that seek to restrict banks from accepting gold as collateral for agricultural loans up to ₹2 lakh.

المزيد من القصص من The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

Syrma aims to make 2.1 mn sq mt of PCB as AP plant starts construction

SYRMA SGS Technology Ltd, an electronic manufacturing services (EMS) company, has commenced construction of its printed circuit board (PCB) manufacturing facility at Naidupeta in Andhra Pradesh.

time to read

2 mins

December 05, 2025

The New Indian Express Nagapattinam

Fitch raises India's FY26 GDP growth estimate to 7.4% from 6.9%

INDIAS strong economic momentum has prompted analysts to lift the country’s GDP growth forecast for FY26. Rating agency Fitch has revised its India GDP estimate for FY26 to 7.4%, up from 6.9% projected earlier, after growth in the September quarter (Q2FY26) accelerated faster than expected.

time to read

1 mins

December 05, 2025

The New Indian Express Nagapattinam

No NRC, detention camps in Bengal: Didi ups ante

TMC chief says BJP playing religious politics over SIR ahead of polls

time to read

1 mins

December 05, 2025

The New Indian Express Nagapattinam

'Shame': Trial against accused of acid attack pending before court for 16 yrs

STUNNED to learn from an acid attack survivor that the trial against her accused has been pending for 16 years, the Supreme Court described the situation as “a national shame” that makes “a mockery of the system.” The Court directed all High Courts to furnish details of pending acid attack cases within four weeks.

time to read

1 mins

December 05, 2025

The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

Awareness drive to make India free of child marriage by 2030 launched

TO reduce prevalence of child marriages to 10% by 2026 and to make India child marriage free by 2030, a 100-day ‘intensive awareness campaign for a child marriage-free Bharat’ was launched on Thursday by Women and Child Development (WCD) Minister Annapurna Devi.

time to read

1 min

December 05, 2025

The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

5 jumbo deaths in Pernambut this month, probe on

THE carcasses of three elephants, including a calf, were found in a decomposed state in the private Bhaimala forest, under the Pernambut forest range here on Thursday, during a patrol by the forest department field staff.

time to read

1 mins

December 05, 2025

The New Indian Express Nagapattinam

Foldable smartphone shipments surge 14% in Q3 2025, driven by Samsung and Motorola

GLOBAL shipments of foldable smartphones grew by 14% year-over-year (YoY) in the third quarter of 2025, setting a new record for the category, according to a recent report by Counterpoint Research.

time to read

1 mins

December 05, 2025

The New Indian Express Nagapattinam

Raj govt replaces jail term for minor violations with monetary penalties

THE Rajasthan Cabinet on Wednesday approved the Rajasthan Jan Vishwas Ordinance, a major reform aimed at reducing litigation and promoting greater “ease of living” and “ease of doing business” in the state.

time to read

1 min

December 05, 2025

The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

VinFast to expand TN plant for e-buses, e-scooters

VIETNAMESE electric vehicle maker VinFast has moved to deepen its presence in India, signing a fresh agreement with the Tamil Nadu government to expand its manufacturing footprint and broaden its product range beyond electric cars.

time to read

1 mins

December 05, 2025

The New Indian Express Nagapattinam

Bodies of 6 more Maoists found after encounter

SECURITY forces engaged in anti-Maoist operations along the Bijapur—-Dantewada inter-district border have recovered the bodies of six more Maoist cadres, taking the toll of Naxal-ites killed in the gunfight to 18.

time to read

1 min

December 05, 2025

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