Stocks to Watch: Reliance Home Finance, Somany Ceramics, Welspun India, Vedanta

• Vedanta Ltd has entered into a $350 million facility agreement with its units Vedanta Holdings Mauritius Ltd, Vedanta Resources Ltd and Vedanta Holdings Jersey Ltd

PSBs eye ₹70,000 cr corpus for farm fund

Credit pool will cover defaults, making lending to sector less risky

PM Modi takes first dose of covid-19 vaccine

• With eight states showing a spike in fresh infections, India is set to start its second phase of covid-19 vaccination from Monday, now extended to senior citizens and people aged 45 and over with co-morbidities.

New PF taxation rules yet to be prescribed

As per the amendment proposed vide Budget 2021, interest accrued on contribution in excess of ₹2.5 lakh made by an employee to any EPF account for any financial year starting from 1 April 2021 shall now be taxable

Assam shakes up the micro loans universe

• An attempt to rein in MFIs in the state on the eve of elections could finally force RBI to change the rules
• Experts have pointed out that people in northeastern states are more consumerist, happy to take loans when it is easily available to spend on conspicuous consumption.