Banks and companies in India are taking a cautious approach towards Sri Lanka, which, reeling from a financial crisis, has sought a $1-billion loan from the country to import essential commodities. A senior State Bank of India (SBI) executive said the bank was committed (to Sri Lanka) for the long term. "As far as exposures (are concerned), the bank will be cautious on its dollar exposure to Sri Lankan entities till the situation improves," he said.
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
According to a new report published by Switzerland-based BIS, which is also referred as 'bank for central banks', the US Federal Reserve's announcement of a possible phasing out of easy money regime has resulted in 'abrupt and sizeable' equity market losses in both advanced and emerging markets.
Eighteen teams are working in the investigation of the case and all angles are being probed, it said.
Shortage of seeds, threat of El Nino expected to restrict sowing.
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
'Investors should hold equity assets for 3 to 5 years.'
ED lawyer Hiten Venegaonkar contended that huge amount of money was laundered and Shah's acts constituted a very serious economic offence
As the curtain come down on 2022, Roshmila Bhattacharya flashbacks to some of the year's newsmakers and events.
There was as much action off the field as on it during the month-long Euro 2020 championships.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.
Over 83 per cent of the more than 13 lakh electorate cast their vote on Monday in the single-day Nagaland state election which passed off by and large peacefully, Chief Electoral Officer V Shashank Shekhar said.
Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
'Khalistanis can be divided into three categories: Firstly, hardcore ideological people. They are microscopic, not even 1%.' 'Secondly, those who consider Khalistan a business.' 'The third category that has built the narrative of Khalistan are those who gain from polarisation.'
A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar.
2015 is set for a lot of changes - and some that we would like to happen
China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.
They will all be spending two weeks in a Sydney hotel for the mandatory quarantine.
Militants opened fire at a Central Reserve Paramilitary Force party at Noney in interior Tamenglong district of Manipur leading to an intense exchange of fire, police said.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
While NSE is exploring 8-10 new agri-commodities, BSE is eyeing as many as 15, most of which aren't traded on any other online derivative exchange in India.
While form is important, Tim Paine's hopes of retaining his spot may ultimately rest on whether selectors feel he might be a major distraction amid the pressures of an Ashes series.
The two IEDs he was found with were 'fully ready' and just needed to be activated with a timer, police said. Security was stepped up in the national capital and in neighbouring Uttar Pradesh following the arrest.
Summary of sports events and persons who made news on Monday.
Two terrorists carried out a 'fidayeen' attack on an Army camp in Jammu's Rajouri district in the early hours of Thursday, killing three soldiers.
Images and a round-up of all the World Cup qualifiers played across continents on Tuesday.
The Street is never short of hope and events to look forward to
A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
FTIL prepares to challenge the order in the Bombay high court
The bourse has received approval from the capital market regulator Securities and Exchange Board of Indian and the RBI for introducing exchange traded currency options on dollar Indian rupee spot rate, NSE said.
A search operation was underway on Sunday to trace 18 security personnel who went missing after a fierce gun-battle with Naxals in a forest along the border of Bijapur-Sukma districts in Chhattisgarh, police said.
The G20 leaders resolved to facilitate swift and targeted exchanges of information between intelligence, law enforcement and judicial authorities on operational information-sharing, preventive measures and criminal justice response.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
A summary of Wednesday's action at the US Open.
Uncertainty lingers in the minds of retail investors due to scams.
Driven by a historic IPO boom that saw 63 issuers, led by new-age tech companies, garnering a whopping Rs 1.2 lakh crore ($16.6 billion) from the primary market, investment bankers laughed their way to the bank collecting $1.1 billion in fees in the year just gone by, making it the highest-ever advisory fees collected, says an industry report. At $16.6 billion, the initial public offers (IPO) set a lifetime record in 2021, bettering the previous record of $10.8 billion in 2017 by a wider margin. While the number of IPOs more than doubled from a year ago to 63, the proceeds were more than four-times the amount raised from the same period previous year and the momentum is likely to continue as more IPOs are anticipated next year, with mother of all issues, LIC issue, expected to boost proceeds next year much higher, it said.
Sreesanth is open to playing in overseas leagues and coaching roles
