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Category: Finance

Finance

The U.S and China Trade War Hurting Unintended Targets: according to IMF study
Finance 

The U.S and China Trade War Hurting Unintended Targets: according to IMF study

On May 23, 2019 by Aruna Bhayana

An International Monetary Fund (IMF) study reported that the U.S. tariffs on Chinese products are hitting an unplanned target as the trade war increases in intensity. The study found that the tariff revenue gained from levies on Chinese goods “has been borne…

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India is Ready to Share its Business Opportunities with the World
Finance 

India is Ready to Share its Business Opportunities with the World

On May 22, 2019 by Aruna Bhayana

India is ready to share its business opportunities and economic prosperity with the world for a more flourished and stable future, Indian High Commissioner to Singapore, Jawed Ashraf, said. Speaking at a gathering of 300 delegates including business leaders and diplomats at…

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Indian Stock Market Rebounds after Nine Sessions of Loss
Finance 

Indian Stock Market Rebounds after Nine Sessions of Loss

On May 14, 2019 by Aruna Bhayana

The stock market in India bounced back after nine periods of losses, with investors showing eagerness in energy and financial stocks after harmless inflation data increased the hopes of rate cuts in Reserve Bank of India’s (RBI) June policy meet. In the…

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Asian Development Bank Must Widen Private Sector Operations to Escalate: Subhash Chandra Garg
Finance 

Asian Development Bank Must Widen Private Sector Operations to Escalate: Subhash Chandra Garg

On May 4, 2019 by Kartik Pandey

Stating that Asia continues to be the growth engine of the world, Economic Affairs Secretary Subhas Chandra Garg said that the Asian Development Bank must increase its private sector operations to support economic development. Talking to the Board of Governors of the…

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India Would Continue to Borrow Sovereign Loans from ADB in 2019
Finance 

India Would Continue to Borrow Sovereign Loans from ADB in 2019

On May 2, 2019 by Kartik Pandey

The Asian Development Bank (ABD) contributed USD 3 billion in sovereign loans to India in 2018, the largest amount since sovereign operations started in the country in 1986. India was the biggest receiver of funds from the multilateral funding institution and would…

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RBI Files Plea with NCLAT on Default Payment of IL&FS
Finance 

RBI Files Plea with NCLAT on Default Payment of IL&FS

On May 2, 2019 by Kartik Pandey

On Thursday, the National Company Law Appellate Tribunal (NCLAT) permitted the banks to declare the accounts of Infrastructure Leasing & Financial Services (IL&FS) and its group companies that have defaulted on payments as non-performing assets (NPA). A bench headed by Chairman Justice…

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Barclays Bank PLC being charged over Qatar loans
Business Finance 

Barclays Bank PLC being charged over Qatar loans

On February 13, 2018 by Admin

The Serious Fraud Office (SFO) has charged Barclays Bank PLC with “unlawful financial help” identified with billions of pounds brought from Qatari investors up in 2008. Similar charges were purchased against Barclays PLC in June a year ago. The move to charge…

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RBS nears financial crisis settlement with UK, US authorities
Business Finance 

RBS nears financial crisis settlement with UK, US authorities

On February 13, 2018 by Admin

One of the last fines for banks associated with the financial crisis appears to close determination. High-level talks including the U.K. Treasury and U.S. Justice Department recently planned to determine a punishment for Royal Bank of Scotland, in the midst of inquiries…

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Trade of stocks, commodities on single exchange approved by SEBI from Oct 2018
Business Finance 

Trade of stocks, commodities on single exchange approved by SEBI from Oct 2018

On December 29, 2017 by Aruna Bhayana

In a major step towards a simpler securities market trading infrastructure, regulator Sebi today announced much-awaited integration of stocks and commodities trading on a single exchange from October next year. A two-phase integration of trading in commodity derivatives market with other segments…

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Bitcoin falls almost 20% from recent peak To 1- Week Low
Finance 

Bitcoin falls almost 20% from recent peak To 1- Week Low

On December 20, 2017 by Admin

Bitcoin fell more than 10 per cent on Wednesday to a one-week low of $15,800 at cryptocurrency exchange Bitstamp, losing almost one- fifth of its value from a peak hit just three days ago. The digital currency has been sliding since it…

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