Tag: business
RBI Issues New Framework For Bad Loans
The Reserve Bank of India (RBI) has issued a new set of enabling provisions to resolve the problem of banks' mounting non-performing assets (NPAs), or bad loans.....
NSA Penetrated SWIFT Banking Network In Middle East: Hackers
An anonymous hacking group "Shadow Brokers" that leaked online a collection of powerful hacking tools allegedly used by the US National Security Agency (NSA) has also published another set of documents that indicate that NSA penetrated the SWIFT banking network in the Middle East.....
Global Crude Heading Northward
Global oil prices rose more than 1.8 percent on Saturday, but analysts remained cautious about record-high crude inventories.....
India's Wholesale Price Inflation In March Falls To 5.70%
India's annual rate of inflation based on wholesale prices softened in March at 5.70 per cent after having risen to over a three-year high of 6.55 per cent in February on rising food and fuel prices, official data showed on Monday. Industry said its upward push on retail inflation could dampen the possibility of an RBI rate cut.....
Vijay Mallya Gets Bail Hours After Being Arrested In London
Liquor baron and loan defaulter Vijay Mallya has been granted bail by the Westminster Magistrates’ Court, three hours after he was arrested in London, according to sources.....
Fuel Bunks To Shut On Sundays In Seven States, Puducherry
Fuel bunks in seven states and Puducherry will be shut every Sunday starting May 14, it was announced on Tuesday, to protest the public sector oil companies' failure to hike dealer margins.....
Parliamentary Panel Summons RBI Governor Again
Reserve Bank of India (RBI) Governor Urjit Patel has been summoned by Parliamentary Standing Committee on Finance to appear before it on May 25 on the demonetisation issue.....
SIPP Scheme For Start-ups Extended Till 2020
The Indian government has extended the Start-Ups Intellectual Property Protection (SIPP) scheme for three years till March 2020 to ensure protection of entrepreneurs' patents, trademark and designs.....
Markets Open On A Higher Note On Wednesday
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade.....
Celebrations At BSE; Sensex, Nifty Touch New Record Highs
Positive global cues and optimism over the upcoming quarterly earning results pushed the Indian equity markets to new closing highs on Wednesday.....
