News digest: PNB fraud case, electric vehicle, WPI inflation, and more

The Wholesale Price Index (WPI)-based inflation rate fell - in step with the consumer price inflation (CPI) rate - to a six-month low of 2.84 per cent

Rs 114-bn scam: Pay up dues to banks for claims against LoUs, RBI tells PNB

The Reserve Bank of India (RBI) has advised Punjab National Bank (PNB) to pay up dues to banks for claims against letters of undertakings (LoUs) and also sought a detailed report on what happened between 2011 and now. Read More

Govt takes U-turn on ambitious electric vehicle policy, says Nitin Gadkari

In a U-turn on its ambitious electric vehicle (EV) policy, Union Transport Minister Nitin Gadkari on Thursday said an action plan had been put in place for the proposal, which would