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The India Meteorological Department has come out with its first stage forecast for the 2014 southwest monsoon season.

April 25, 2014 8:50 IST | India Infoline News Service
The India Meteorological Department has come out with its first stage forecast for the 2014 southwest monsoon season. As anticipated the met office has confirmed of a less than average rainfall due to El Nino weather phenomenon. (BS)

The finance ministry will make a pitch for infusing another Rs70bn of capital in state-run banks when the next government readies its budget for this fiscal year. (ET)

A committee set up by Reserve Bank of India has suggested a mechanism for a centralised bill payment system in the country, primarily by setting up two organisations – Bharat Bill Payment Services and Bharat Bill Payment Operating Units. (ET)

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