For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
'If I had not been elected President of the United States, we would right now, in my opinion, be in a major war with North Korea,' Trump said.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
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'So must the Opposition where it is the dominant party in the state.' 'That is neither problematic nor impossible to achieve.'
Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.
The US on Friday slapped sanctions against two Indians, including a brother of underworld don Dawood Ibrahim, and a Pakistan-based paper company for their ties with D Company.
Three days after he was shot while delivering a speech in the western Japanese city of Nara, Abe Shinzo, Japan's longest serving prime minister, began his final journey in Tokyo.
Trump said the sanction will deny the Iranian Supreme leader access to financial instruments.
Like all governments, the United States borrows hard cash through Treasury bonds.
Pakistan on Friday freed Saeed, the Lashkar-e-Tayiba founder, who immediately launched his anti-India rhetoric and vowed to mobilise people for the "cause of Kashmir".
Former Afghanistan President Ashraf Ghani, who fled to the United Arab Emirates before the Taliban seized power last month, on Wednesday apologised to the people for leaving the country abruptly, saying he believed it was the 'only way to keep the guns silent and save Kabul and her six million people'.
He is among several leaders of Indian heritage who have ascended to the highest echelon of public service globally.
During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.
The ballistic missile launch was the first by Iran since Trump became President.
Utilising a new executive order signed by President Donald Trump, issued on the eve of the 9/11 anniversary, the treasury department sanctioned over two dozen individuals and entities from 11 terrorist groups, including Pakistan-based Tehrik-e-Taliban Pakistan.
The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.
Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.
'No one in this administration, not the President nor anyone on the national security team, would suggest that the Taliban are respected and valued members of the global community'
China has put a hold on a proposal by the United States and India at the United Nations to blacklist Abdul Rauf Azhar, the brother of Jaish-e Mohammed (JEM) chief Masood Azhar and a senior leader of the Pakistan-based terror organisation.
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies.
The United States government has added a top Taliban commander in Afghanistan to its list of drug trafficking "kingpins", in the first such designation to a senior leader of the outfit.
The launch of the US-India Economic and Financial Partnership on Tuesday is significant because the two countries have traditionally been wary of opening up their markets and services to each other.
The United States has imposed sanctions on two individuals linked with the Taliban and the Haqqani network, the US Department of Treasury has said.
Modi will inaugurate the new Parliament building on May 28 following an invitation by Lok Sabha Speaker Om Birla.
United States Secretary of State Hillary Clinton in concert with Treasury Secretary Timothy Geithner and Attorney General Eric Holder on Wednesday amended the foreign terrorist organisation designation of the Pakistan-based Lashkar-e-Tayiba in order to include one of the terror group's front organisation and a charitable arm of it as part of the FTO designation too.
Brokerages expect better financials as management is determined to improve profitability.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
Pak can only access the money if it does more to crack down on internal terror networks launching attacks on neighbouring Afghanistan.
The 24-page dossier outlines how the terror group is trying to build a state complete with guidelines for education, natural resources, industry, diplomacy, propaganda and the military.
The $14.29 trillion borrowing limit underscores the need for Congress to put in place a fiscal straitjacket like the CAP Act.
The United States has offered rewards amounting to USD 20 million (around Rs 127 crore) for tips on whereabouts of four top leaders of the Islamic State, a day after the terror group claimed responsibility for its first attack on American soil.
This is for the first time that the US has slammed sanctions against an ISIS leader in India.
The United States has labelled a Pakistan-based money changer as a "global terrorist" for providing financial services to the banned Lashkar-e-Tayiba terror group that has been involved in a series of terrorist attacks in India, including the 2008 Mumbai attacks that left 166 people dead.
The United States has announced sanctions against 14 senior Myanmar officials, and called on India, China and other nations to support the people of Myanmar who were struggling for democracy.
On the eve of United States President Barack Obama's maiden visit to India, the US Treasury on Thursday targeted the financial and support networks of the Lashkar-e-Tayiba and Jaish-e-Mohammed and also took action against Azam Cheema, who helped train operatives for the November 2008 Mumbai attacks and was the "mastermind" behind the July 2006 Mumbai train bombings carried out by LeT.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
On November 10, the US Federal Reserve had approved the application of credit card major to become a bank holding company and the change in status facilitated American Express to explore various government funding and lending programmes. In return to the said loan, American Express will issue and sell preferred stock of about $3.39 billion and warrants to purchase shares of common stock for up to 15 per cent of that amount to the Treasury.
State Congress president Jagdish Thakor urged Muslim leaders, including Pirzada, to frame a time-bound programme targeting 60 assembly seats with sizable Muslim population.
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