Stan Wawrinka outlasted Frances Tiafoe over three sets to set up an all-home quarter-final against compatriot and fellow veteran Roger Federer at the Swiss Indoors on Thursday. The 34-year-old Waewrinka, who won 6-3, 3-6, 7-5, will attempt to beat Federer for only the fourth time when they meet for their 27th clash on Friday in a dream tie for the Basel crowd.
The capital infusion would help improve the financial health of banks. While some banks would get necessary regulatory capital while others would get it for fueling growth.
Pusarla Sindhu romped into the final of the World Badminton Championships, trouncing China's Chen Yu Fei 21-7, 21-14 in semi-finals, in Basel, on Saturday.
'I want to take Durga Maa's blessings and achieve a lot more'
Padukone attributed Sindhu and Saina's success to their physical abilities.
Sofiane Feghouli's late goal eased the nerves at Valencia's Mestalla as the Spanish club grabbed a 3-1 victory over Monaco in the first leg of their Champions league play-off round tie on Wednesday.
'We will infuse the next tranche of recapitalisation by mid-December. Close to Rs 42,000 crore remain to be infused as capital in public sector banks in the current financial year,' a senior finance ministry official said.
'Without appropriate supervisory constraints in place, banks are in a position to delay the recognition of losses and engage in ever-greening or zombie lending, which is essentially the rolling over of debts of unviable borrowers that would have otherwise defaulted,' points out RBI Deputy Governor Viral Acharya.
Manchester City advanced to the Champions League quarter-finals despite suffering their first home loss in over a year, going through 5-2 on aggregate after a 2-1 defeat by Swiss champions Basel on Wednesday.
Roger Federer bounced back to form with a quick-fire win over Mikhail Kukushkin of Kazakhstan on Tuesday as he began his bid for a seventh title at his hometown tournament in Basel.
With the Reserve Bank of India's (RBI's) draft reconstruction scheme for the troubled lender suggesting a permanent write-down of these bonds outstanding as of March 5, bondholders who have invested RS 10,800 crores are up in arms, reports Hamsini Karthik.
These PSU banks also account for the lion's share of bad loans or NPAs plaguing the sector and need crores of rupees in new capital in the next two years to meet global Basel III capital norms.
Rafael Nadal reached the final of the Swiss Indoor tournament when he beat Frenchman Richard Gasquet 6-4, 7-6(7) on Saturday, a result that was good news for fellow Spaniard David Ferrer.
A large part of this fund would be raised through public offers made to retail customers, he said.
This is Saina's first win over the South Korean, who got the better of the Indian in the quarter-finals of the French Open last year.
This shortfall could continue to hurt loan growth in 2016-17.
Manchester United were forced to dig deep to reach the Europa League semi-finals as Portuguese midfielder Bruno Fernandes converted a 95th-minute penalty to secure a 1-0 win over a stubborn FC Copenhagen side after extra time on Monday.
Top seed Dominic Thiem survived an early scare and fought back from a set down to beat Argentina's Diego Schwartzman 3-6, 6-4, 6-3 and win his first Vienna Open title on Sunday.
Sindhu won 12-21, 23-21, 21-19 in the women's singles quarter-finals match that lasted 71 minutes.
Guardiola said that the Premier League leaders must maintain a lengthy period of dominance in England and Europe in order to be compared with his former club Barcelona.
Liverpool manager Brendan Rodgers took an upbeat view on a dismal night as the five-times European champions were bundled out of the Champions League following a 1-1 draw with FC Basel at Anfield on Tuesday.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
It was Sindhu's third successive loss to Marin, who had won both the Super 1000 events in Thailand in January before finishing runners-up at the HSBC BWF World Tour Finals.
Satwik and Ashwini, who reached the semi-finals at Toyota Thailand Open Super 1000 in January, will meet the winner of the match between fifth-seeded Malaysians Tan Kian Meng and Lai Pei Jing and Germany's Jones Ralfy Jansen and Kilasu Ostermeyer.
Photos of the Champions League matches played on Tuesday.
Images from the Champions League matches played on Tuesday
LyondellBasell had rejected a $14.5-billion takeover offer from RIL in March.
In its multi-billion-dollar acquisition pursuit for LyondellBasell, the Mukesh Ambani-led Reliance Industries engaged 'hundreds' of advisors and personnel to access thousands of documents related to the proposed deal, which was rejected by the Luxembourg-based bankrupt chemicals major.
Parupalli Kashyap and B Sai Praneeth, along with several other Indian players, are in Switzerland
The much-maligned Europa League threw up a bumper mix of goals, controversy and defensive blunders on Thursday as Chelsea, Benfica and Fenerbahce won by two-goal margins at home and Basel held Tottenham Hotspur.
Kim had developed a good rapport with Sindhu, who time and again acknowledged the Korean's role in her success.
The Olympic silver medallist will now face Korea's An Se Young next.
Five-time winners Sevilla made light work of AS Roma when first half goals from Sergio Reguilon and Youssef En-Nesyri gave them a 2-0 win over AS Roma and sent them into the Europa League quarter-finals on Thursday.
The biggest art fair hits Hong Kong with the third edition of Art Basel.
Says licensing of new banks should be a continuous process instead of the current stop-go system
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
In order to promote the housing sector, Reserve Bank of India on Friday decided to rationalise risk weightage on housing loans, making the product attractive for both borrowers and lenders. With revision in the risk weightage, the requirement of capital provision for banks will come down. This will encourage banks to push housing loan products with attractive features.
A summary of Wednesday's matches in the UEFA Champions League.
Holders Real Madrid will start their attempt to win a record third straight Champions League title in a group with Borussia Dortmund, Tottenham Hotspur and Apoel Nicosia after Thursday's draw.
Manchester United and Liverpool, English football's two most decorated clubs, were drawn together in the last 16 of the Europa League on Friday.