Gold can be mined from vermicast in Goan mining belt, claims report

Panaji, March 5  Botanists here have recommended reviving an ancient Indian alchemy technique by using earthworm feces for bio-mining of gold, which their research paper claims is present in the soil in the state’s mining belt. In their research paper published in the latest issue of the International Journal of Research and Analytical Reviews, botanists […]

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Rs 1.12 cr cash recovered in Bihar, 3 nabbed

Patna, March 5 Cash amounting to Rs 1.12 crore was recovered during a vehicle checking exercise in Muzaffarpur district of Bihar early on Tuesday and three people were arrested, police said. The cash was recovered from a vehicle near Chandni Chowk area, Muzaffarpur Senior Superintendent of Police Manoj Kumar said. The exercise was undertaken after […]

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Cheaper retail loans on anvil as majority of banks brace for 5-10 bps cuts by Mar 31

New Delhi, March 5  After intial dithering, banks are now falling in line to cut interest rates after the RBI asked them to do so last month. A low interest rate cycle is on the anvil with a majority of banks now settling to cut lending rates by 5-10 basis points. More banks will follow […]

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Stubble burning causes nearly $30 billion economic losses annually in India: Study

New Delhi, March 4  Not just growing respiratory diseases but crop residue burning (CRB) has led to economic loss of nearly $ 30 billion or Rs 2 lakh crore annually for the three north Indian states of Punjab, Haryana and Delhi every year in India, says a new study. The study conducted by the International […]

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Government releases compliance schedule to ensure MSME payments

New Delhi, Feb 28  The government has decided to crack down on companies delaying payments to small businesses by insisting that all defaulting entities mandatorily provide it details of outstanding money with reasons by April or face action that could result in imprisonment up to 6 months or fine of not less than Rs 25,000 […]

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