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Maharashtra plans to take 15,000 cr loan from ABD to build roads: Chavan

Maharashtra PWD Minister Ashok Chavan on Monday said his government was planning to obtain loans to the tune of Rs 15,000 crore from the Asian Development Bank at a nominal rate to build roads and clear the work backlog in the state. Speaking to reporters here, Chavan said the backlog in road work had gone up and the funds required would be more than what the state budget has allocated. The MVA government is planning to take a loan of Rs 15,000 crore from the Asian Development Bank at a nominal rate of interest ranging between 1 per cent and 1.5 per cent, he said.

Arvind Fashions to consider terms for proposed rights issue

On 18 February 2021The Committee of Directors of Arvind Fashions will meet on 18 February 2021 to consider various matters relating to the Rights Issue including terms and conditions such as the Issue Price and Record Date for the proposed Rights Issue of the Company and other matters incidental or connected therewith. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authori

India s Active Covid-19 Caseload At Just 1 28% Of Total Positive Cases

Petrol price with additives tops Rs 100 in Maharashtra s Parbhani district

The rate of petrol with additives has crossed the Rs 100 mark for a litre in Maharashtra s Parbhani district on Sunday morning, an office bearer of a petrol dealers association said. After a 28 paise rise on Sunday morning, the per-litre rate of petrol with additives for retail sale crossed Rs 100. Parbhani District Petrol Dealers Association President Amol Bhedsurkar told PTI, The rates of petrol with additives in Parbhani has reached to 100.16 rupees for one litre. The cost of unleaded petrol is 97.38 here. The cost of petrol in Parbhani is one of the costliest in Maharashtra. The cost is higher due to longer distance of transportation.

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