This alliance intends to hasten global uptake of biofuels through facilitating technology advancements, intensifying utilization of biofuels, shaping robust standard setting, and certification – through the participation of a wide spectrum of stakeholders. Leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and UAE joined India’s Prime Minister for this launch.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.