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COVID-19: Safety measures stepped up! How Kochi airport is gearing up to receive NRIs from Middle East; details

Expecting many stranded non-resident Keralites to be evacuated from the Middle East stating Thursday onwards, the Cochin International Airport Limited (CIAL) is gearing up with several safety measures!




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COVID-19: 354 stranded Indians to fly back home on Thursday from UAE

The government also said that Air India will operate 64 flights from May 7 to May 13 to bring back around 15,000 Indian nationals stranded abroad amid the COVID-19-induced lockdown.




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Qatar Airways reveals mega plan to rebuild network by May

In order to counter coronavirus threat, Qatar Airways has been maintaining the highest possible hygiene standards.




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Jamming the Marketing Hall of Femme

To fill your days with music between now and the Marketing Hall of Femme Summit & Awards on June 21, here's our HoF playlist




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One on One: Rethinking CRM as Customer Engagement with Tom Libretto

Tom Libretto of Pega discusses the rapid evolution from traditional CRM to a real-time customer-centric marketing and sales environment




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S&P nears settlement over inflated ratings

On TV and in the courtroom, Standard & Poor’s has waged war against a US Justice Department lawsuit...



  • India
  • Standard & Poor's

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Other e-commerce giant of China follows its own path

Just about every June, on the anniversary of his company’s founding, Richard Liu dons a big motorcycle helmet and red uniform...




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After Alibaba spin-off, Yahoo! may become a takeover target

By spinning off stake into a separate firm, Yahoo will be judged by its Web businesses




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SAP aggressively moving customers to new database

You’ve got to hand it to SAP for competitive vision. Then take some back for how it’s explaining itself.




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S&P settlement leaves future unclear for ratings

It cost $1.37 billion, but Standard & Poor’s finally seems to have closed the darkest chapter in its 150-year history as a rating agency.




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The Great American Dream, still deferred

The housing market has shown signs of life recently. Prices have risen, mortgage rates are very attractive and construction...




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David Carr, Times critic and champion of media, dies at 58

David Carr, a writer who wriggled away from the demon of drug addiction to become an unlikely name-brand...




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Vivek Wadhwa, voice for women in Silicon Valley, is foiled by his tone

Silicon Valley has lately come to the realisation that it is not the meritocracy it has long pretended to be...




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At JPMorgan, business tilts toward consumer side, away from Wall St

A reversal of fortunes within the financial industry is illustrated in few places more vividly than JPMorgan Chase.




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HSBC to cut 50,000 jobs, shrink investment bank

HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs...



  • Jobs and Education

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US H1B visa: Donald Trump move not to have immediate impact on India, says Nasscom

The President’s executive order directs the federal bureaucracy to enforce visa law more vigorously, and to study new ways to reform and restrict the H-1B system.




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Cloudification will mean upheaval in telecoms

It will allow startups to challenge incumbent operators.




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Minor planet named after Bengaluru student; here’s how names of planets are decided

A minor planet has been named after a Bengaluru student. What are the rules behind such nomenclature?




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Government to rework strategy for setting up chip units

In March 2014, the government approved two projects for setting up semiconductor units and also created an empowered committee (EC) for implementation of the projects.




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Serious charges: Air Asia board says former CEO to blame

The board of directors of AirAsia Group (AAGB) on Tuesday rebutted all allegations levelled against the airline’s top brass including group CEO Tony Fernandes, deputy group CEO Bo Lingam and also AAGB and AirAsia India.




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US citizenship question goes on trial in the next US census to be held for the first time in 70 years

The trial, starting the day before a momentous midterm election, could help rewrite the nation’s political map for a decade.




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Indian-American Neomi Rao to replace Kavanaugh on DC Circuit

Prominent Indian-American lawyer Neomi Rao has been nominated by US President Donald Trump to fill Justice Brett Kavanaugh’s seat on the powerful DC Circuit Court of Appeals.




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Trade meeting result: US to take U-turn on car tariffs for now

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.




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IKEA to cut 7,500 jobs, focus on e-commerce

Ikea Group, the owner of most IKEA furniture stores worldwide, plans to cut 7,500 jobs over the next couple of years, mainly administrative staff in central support functions, it said on Wednesday.




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China building $9-billion Beidou to challenge American-owned GPS

On November 19, China launched two more Beidou machines, increasing the number in operation to over 40.




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China could use medical data to blackmail Americans, report says

The two sides have been struggling with more than 100 issues raised by the United States in a lengthy statement given to Chinese officials in May




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US First Lady Melania Trump: Growing ease on official role, but not politics

As President Donald Trump shows his eagerness for the coming 2020 re-election battle, the first lady's fervour for participating in the effort is not that clear.




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Trump tells farmers: ‘I Love you’, but still cutting your subsidies

The Trump administration responded with a plan to authorise as much as $12 billion in aid




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In Max pain: Boeing’s newest, best-selling plane becomes its biggest headache

Over 40 countries, including the US, which had been one of the last holdouts, grounded airliner’s newest version after a second fatal crash proved one too many.




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Mueller Report: Pelosi under pressure as progressive demand impeachment of Donald Trump

Mueller report identified at least 10 instances of potential obstruction of justice by Donald Trump.




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ubi jus ibi remedium

Meaning where there is right there is remedy Pls elaborate its meaning with an example




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Medical leave

A person who is enrolled in State Government job he continued his service 6 yrs, unfortunately he met accident he need bed rest for two to three. is that such term leaves are available,or they terminated from service ,so please advise what to do next seeking your response




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Lockdown impact: 42% Indians have increased use of digital payments, says report

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.




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RBI caps banks’ investment using TLTRO funds in a single entity at 10%

According to dealers, firms like Reliance Industries (RIL), NABARD, and Tata Steel are likely to hit the bond market on Thursday with an intention to raise a cumulative Rs 15,000 crore.




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Short-term impact of COVID-19 will be severe in all segments: K Paul Thomas, CEO, ESAF

ESAF has more than 96% of its exposure in the micro-segment with the average ticket size of the loan being Rs 33,000.




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Microfinance industry hopes IBA meet to lead to ‘in-principle decision’ on loan moratorium to MFIs

Notably, following RBI's announcement on allowing a moratorium on term loans for March 1 to May 31, most of the MFIs have extended a moratorium to their borrowers till May 31.




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HDFC Bank: Net up 18%, names for new CMD decided

The bank saw the fallout of the lockdown in the second half of March, with loan origination and cross-selling of other products slowing down, the management said.




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RBI measures for NBFCs unlikely to boost credit flow to broader economy: Moody’s

The RBI announced the liquidity facility under the TLTRO 2.0 window for NBFCs and MFIs after these institutions failed to get funding under the earlier TLTRO scheme announced late in March.




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Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 




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No penal interest on farm loan dues in moratorium; RBI extends interest subvention benefit to farmers

RBI said that the farmers do not have to pay penal interest and at the same time they will continue getting the benefits of the interest subvention scheme. 




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Good news for homebuyers! HDFC cuts lending rate by 15 basis points

The RBI last month cut the policy rate by 75 basis points to spur growth amid the COVID-19 crisis.




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We’re in conserve, consolidate mode; crisis a great time to go digital: Mahabaleshwara MS, CEO, Karnataka Bank

Loan waiver schemes for agricultural loans introduced by some of the state governments may also help reduce stress to some extent.




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COVID-19 emergency credit: SBI disburses Rs 1,000 crore, Bank of Baroda Rs 606 crore

Experts say more borrowers are likely to line up for emergency credit from banks as many businesses will be hit by the slump in demand and zero footfall in the market in the wake of the pandemic.




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SBI Cards & Payment Services reports outstanding borrowing at Rs 17,363 cr at FY20-end

The credit card company, promoted by the country's largest lender SBI, said the borrowings at the end of the previous fiscal were provisional and subject to audit.




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Covid-19 impact: Asset quality could come under stress, says IndusInd Bank CEO

The lender’s gross NPAs stood at 2.45% of gross advances as on March 31, 2020, up from 2.18% on December 31, 2019, while the net NPA ratio stood at 0.91% of net advances as on March 31, 2020, down from 1.05% on December 31, 2019.




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Over Rs 68,600 cr loans of wilful defaulters, including Mehul Choksi, Vijay Mallya firms, written off: RBI in RTI reply

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.




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COVID-19: RBI grants more time to banks to file regulatory returns

Accordingly, all regulatory returns required to be submitted by such entities to the Department of Regulation can be submitted with a delay of up to 30 days from the due date.




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RBI extends regulatory benefits under SLF-MF scheme to all banks

Earlier in the week, the Reserve Bank had announced Rs 50,000-crore SLF-MF scheme to bailout the mutual funds facing redemption pressure.




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Around 95% of MSMEs availed moratorium: Bank of Baroda

The RBI had earlier extended the deadline for one-time debt restructuring of MSMEs from March 31, 2020, to December 31, 2020.




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RBI Governor Shaktikanta Das to hold meeting with bank chiefs on Saturday

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures to support the industry.