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Saudi Arabia’s think-tank studying hypothetical world sans OPEC

The study is the second in a series, after an earlier report found that OPEC’s spare capacity reduces oil price volatility and generates as much as $200 bn of annual economic benefits for the world economy.




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Donald Trump to take public opinion on H-4 visa revocation

The Trump administration has assured lawmakers and the American corporate sector that the public would get an opportunity to respond to its proposal of revoking work authorisation to H-4 spouse visas after they raised their concerns over the move, which will impact thousands of Indians. H-4 visas are issued to the spouses of H-1B foreign […]




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In its largest-ever deal, SAP to buy Qualtrics for $8 billion

That’s a field Europe’s biggest software company wants to gain a stronger foothold in because it’s growing faster than its core enterprise software business.




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Internet traffic hijack halts Google services

An internet diversion that rerouted data traffic through Russia and China disrupted several Google services on Monday, including search and cloud-hosting services.




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China-backed Asia trade deal pushed back to 2019

Asian nations gave up hopes of completing a 16-nation trade bloc this year, with Chinese and Australian officials now looking to finalise the deal in 2019.




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Walmart puts Amazon on notice with sales beat, rosy outlook

Walmart sailed into the holiday season with stronger-than-expected sales and a boosted full-year outlook, signaling that the world’s largest retailer can more than hold its own against rival Amazon.com in the critical holiday weeks ahead.




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North Korea tests new ultramodern tactical weapon

North Korean leader Kim Jong Un observed the successful test of an unspecified “newly developed ultramodern tactical weapon,” state media reported Friday, in an apparent bid to apply pressure on the United States and South Korea.




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From Tokyo to Paris – Carlos Ghosn’s downfall ripples

The downfall of Nissan Motor Co chairman Carlos Ghosn reverberated for a second day as politicians and executives scrambled to fill the vacuum at the top of the world’s largest car alliance amid new reports about his alleged financial improprieties.




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Ivanka Trump ‘used’ personal e-mail for official White House business

Ivanka Trump, the president’s daughter and a top White House adviser, sent hundreds of e-mails about government business from a personal e-mail account last year, The Washington Post reported on Monday.




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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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Federal Reserve may get less bang for the buck if it repeats 2016 rate pause

For the Federal Reserve, 2019 has started out looking a lot like 2016: The last time uncertainty over global growth roiled financial markets for months on end.




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Walmart, Google-backed Deliv end online grocery partnership

People familiar with the Walmart partnership with Deliv said the Deliv drivers had to frequently wait 40 minutes or more to collect grocery orders when they showed up at the store. One reason for that, they said, is because Walmart gives a priority to customers over delivery drivers during regular hours, which complicated the partnership.




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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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Amazon’s deep bench calms investors amid Jeff Bezos scandal, NYC rift

It’s been a rough few weeks for the world’s wealthiest man.




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Pakistan confers highest civilian award on Saudi crown prince Mohammad bin Salman

Pakistan on Monday conferred its highest civilian award Nishan-e-Pakistan on Saudi Crown Prince Mohammad bin Salman for his “outstanding support” in reinvigorating the ties between the two countries.




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Amazon gives AI to Harvard Hospital in tech’s latest health push

That’s increasingly important in a health-care market where patients have more choices, such as going to an urgent care clinic rather than a hospital emergency room.




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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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Fear of Trump walking on Xi haunts China as trade talks near end

As Trump claims to be the first American president to stand up to Beijing, his aides have built a possible deal on a foundation of distrust.




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As trade war looms, EU sets limits on Palm Oil in Biofuels

The biggest palm oil producers stepped up lobbying in Brussels to defend its future in the European market.




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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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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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what r the qualities r required for a lawyer ?

1)for a lawyer , typing and short hand is required or not?




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Mortgage of agricultural land in kartnataka

IN BELGAVI, KARNATAKA STATE, BOUGHT AGRICULTURAL LAND OF 2.75 ACRES AFTER GETTING DC APPROVAL IN 2018 WITH A LOCK IN TRANSFER 5 YEARS. NOW CAN I TAKE LOAN FROM AN INDIVIDUAL FOR BUYING A TRACTOR AND CULTIVATION OF LAND BY MORTGAGING THIS AGRICULTURAL LAND




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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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Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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Yes Bank moratorium to hurt smaller private banks, NBFCs: Moody’s

In 2017-18, the RBI permitted several PSBs under the prompt corrective action (PCA) framework to buy back AT-1 securities and lower the risk of a trigger event occurring under Basel-III rules.




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We have adequate liquidity in all four of our NBFCs: Thomas John Muthoot, CMD, Muthoot Pappachan Group

There will be very limited impact on affordable housing loans, most of which are backed by cash flow, and given mostly to the salaried class who have a steady income.




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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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HDFC Bank board finalises Aditya Puri’s successor, waits for RBI nod

Jagdishan and Bharucha are the internal candidates and have been serving the bank for many years each, while Garg is working with American bank Citi at present.




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Kotak Mahindra Bank board to consider fundraising proposal this week

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.




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Cash loses, digital transactions win: More people go online to transfer money in March: RBI data

Digital transactions have gained new heights in the month of March as India announced a lockdown due to coronavirus. The total value of Real Time Gross Settlement (RTGS) transactions also witnessed a spike.




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ICICI Bank launches voice banking services on Amazon Alexa, Google Assistant

This novel facility offers customers yet another way to connect with their bank from home at a time when they are advised to stay indoors in the wake of the nationwide lockdown, ICICI Bank said in a release.




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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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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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Sidbi seeks bank, NBFC applications for availing RBI’s special liquidity facility

The tenor of Sidbi’s lending to financial institutions will be 90 days. MSMEs have been cash-starved for a few years and the lockdown to control the spread of Covid-19 is a body blow to their revenues.




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Bank of Baroda to raise Rs 13,500 crore additional capital

The remaining Rs 4,500 crore will be raised by way of additional Tier-1 and Tier-2 capital instruments with an inter-changeability option, the bank said in the release.




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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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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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RBI makes it easier for banks to support mutual funds

On Thursday, the RBI said banks would be eligible for regulatory benefits irrespective of whether they supported MFs with resources from the special window or otherwise.




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IDFC First Bank to raise Rs 2,000cr capital from promoter, Warburg Pincus, 3 others

Warburg Pincus affiliate Dayside Investment Ltd and insurance firms ICICI Prudential Life Insurance Company, HDFC Life Insurance, and Bajaj Allianz Life Insurance will infuse capital in the lender.




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Delhi HC allows HDFC Bank to deduct Indiabulls’ loan installment from fixed deposit

Delhi high court, in an interim order on May 1, has allowed HDFC Bank to deduct a Rs 90-crore loan installment from Indiabulls' fixed deposit which it holds as security.




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AU Small Fin Bank Rating: Target price to be revised after earnings call

AU Small Finance Bank (SFB) reported an increase of 3.5% year-on-year in PAT to Rs 120 crore (our estimate: Rs 180 crore), affected by higher provisions of Rs 150 crore.




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COVID-19: NBFCs ask RBI for one-time restructuring of all loans till March 2021

RBI, on April 17, announced to provide special refinance facilities for a total amount of Rs 50,000 crore to NABARD, SIDBI and National Housing Bank (NHB) to enable them to meet sectoral credit needs.




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PSB NPAs likely to rise 2-4 per cent points; may push govt to recapitalise via RBI reserves, bonds: Report

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.




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State-owned bank NPAs may rise in FY21, govt’s fiscal deficit to widen: Bank of America

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.




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No takers for Covid-special credit lines, banks park record Rs 8.4 lakh crore with RBI

Having come up with emergency credit lines to help businesses weather the Covid storm, banks are seeing little demand for fresh credit at this stage.




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Yes Bank creates stressed asset management vertical to resolve NPA accounts

This will lead to the share of retail and small business loans to grow to a level of 60 per cent in the next two years from the current 44 per cent, he said.




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RBL Bank net profit falls 54% as provisions rise

The bank has provided moratorium to around a third of its customers, RBL Bank MD & CEO Vishwavir Ahuja said in a conference call after results.




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Maharajas Express all set to run its first Indian Panorama journey of the season

Indian Railways Catering and Tourism Corporation’s premier luxury train, the Maharajas Express, is all set to run its first Indian Panorama journey of the 2012-13 season tomorrow. The train will depart from the Safdarjung Railway Station tomorrow at 2200 hours. All guests have been...



  • Fri
  • 19 Oct 2012 00:00:00