June 22, 2018 2:51:56 am

The weakening rupee could prompt foreign investors to offload more bonds, market observers said, since otherwise their portfolios would continue to lose value.

bank of baroda, indian express, south africa, jacob zuma, indian express
June 22, 2018 2:48:11 am

BoB’s decision to sell its exposures in these accounts runs counter to an understanding between banks to not to sell individual exposures to accounts undergoing insolvency.

BSE waives transaction fees equity segment
June 22, 2018 2:45:04 am

Minutes of RBI’s June policy meeting, released after market hours on Wednesday, flagged inflation risks on the back of factors like firm oil prices and volatile global financial markets, which further sapped confidence. Foreign portfolio investors.

RBI rate cut
June 22, 2018 2:41:32 am

Vulnerability arising from the banks’ ATMs operating on an unsupported version of operating system and non-implementation of other security measures, could potentially affect the interests of customers adversely.

Draft on cross-border insolvency: Banks to get access to overseas assets of firms undergoing resolution
June 22, 2018 12:38:26 am

The draft norms have now been issued to plug loopholes and have any effective resolution mechanism in place for cross-border insolvency.

Enforcement action in NSE co-location case
June 22, 2018 12:32:52 am

SEBI Chairman Ajay Tyagi also said its investigation in the co-location case has nothing to do with the proposed initial public offer of NSE.

Enough scope in RBI circular for resolution of bad loans: Finance Minister Arun Jaitley
June 22, 2018 12:25:48 am

While the power sector officials demanded relaxation from the RBI from its February 12 circular, which mandates a one-day default norm, the RBI is understood to have turned down the suggestion.

‘Quality, safety issues continue to haunt top firms in India’
June 22, 2018 12:16:04 am

Numerous cases of data falsification, lax adherence to norms, says report

Yet to receive reply from ICICI Bank on Kochhar issue: Sebi Chairman Ajay Tyagi
June 22, 2018 12:03:35 am

ICICI’s board has denied any wrongdoing, highlighting that the loan was underwritten in accordance with the bank’s credit standards and was extended as part of a consortium involving over 20 banks.

Sebi slashes timeline for IPO price band
June 22, 2018 12:04:05 am

Also tweaks buyback norms, approves amendments to takeover regulations

Markets skid on trade turbulence, macro risks
June 21, 2018 5:03:53 am

The Sensex had lost 335.40 points in the previous two sessions, tracking a sell-off across global markets after the US and China reignited trade disputes.

Mobile devices, Mobile testing, Mobile devices exempt from testing, Mobile Phones, Smartphones, TEC, The Mobile Association
June 21, 2018 5:03:37 am

The new amendments to the licence provisions only allow those entities holding the access service provider licence to provide full-fledged internet telephony and not the over-the-top players like WhatsApp, Skype, Google Duo, which allow only app to app calling.

RBI official
June 21, 2018 4:55:02 am

Out of the 87 cases that went in for liquidation, in 76 cases, resolution value was less than the liquidation value of the companies, while in 11 cases it was more than the liquidation value.

June 21, 2018 4:47:07 am

Apart from the plan to review airline’s operations, the Air India-specific Alternate Mechanism headed by Union Minister Arun Jaitley will review the situation of the carrier’s disinvestment, which has been put on hold for now.

RBI rate cut
June 21, 2018 12:31:06 am

According to Michael Patra, Executive Director, RBI, the prolonged period of staying on hold is denting the credibility of the MPC’s commitment to maintaining inflation at the centre of the target band.

June 21, 2018 12:30:51 am

According to sources, the meeting would be attended by the secretaries of the department of financial services, and the power, coal, petroleum and natural gas ministries.

Indian-origin student killed, United States, Pravin Varughese, Southern Illinois University student, world news, Indian Express news
June 20, 2018 2:38:16 am

Malayalis across the world can join chits, pay installments and take part in chitty auction from anywhere, online.

AirAsia Group: Lobbying for 5/20 norm removal done without any unlawful payments
June 20, 2018 2:32:57 am

The statement rebutting all allegations comes after nearly a fortnight of the Central Bureau of Investigation (CBI) raiding at least six AirAsia India offices in India, including its Bengaluru headquarters.

GDP Current Account Deficit
June 20, 2018 2:10:26 am

CAD, the difference between the inflow and outflow of foreign exchange, jumped to $48.7 billion, or 1.9 per cent of GDP, in 2017-18 fiscal. This was higher than $14.4 billion, or 0.6 per cent, CAD in 2016-17.

Railway officials call proposal ‘disruptive move’: Piyush Goyal pitches cadre-merger idea, officers object
June 20, 2018 2:00:30 am

Piyush Goyal stressed that the public money with PSU banks is safe and the government is totally committed to supporting the banks.