Search Results for: economy

Founder and former managing director of Yes Bank Ltd, Rana Kapoor

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

An RBI moratorium was the last resort to ensure Yes Bank lives through its crisis of deteriorating financial health and a huge pile of bad credits, while State Bank of India stepped in to save the bank by suggesting schemes of reconstruction or amalgamation.

Mar 7, 2020

YES Bank revival scheme: RBI announces reconstruction plan for capital-starved bank, what it means

As per the Scheme of Reconstruction, the Reserve Bank invited suggestions and comments from members of the public, including the banks' shareholders, depositors and creditors on the draft scheme.

Mar 6, 2020

Rahul Gandhi, Chidambaram react to Yes Bank crisis; Congress, BJP indulge in blame game

Countering Rahul Gandhi's attack, BJP's Amit Malviya put the blame on former finance minister P Chidambaram.

Mar 6, 2020

Nirmala Sitharaman reacts on Yes Bank crisis: FM assures depositors, says 'Money is safe'

"I want to assure all the depositors that their money is safe, I am constantly in touch with the Reserve Bank of India (RBI). The steps that are taken are in the interest of the depositors, the bank & the economy," Sitharaman stated.

Mar 6, 2020

Facebook cancels F8 conference over coronavirus health concerns

Coronavirus crisis: List of major global tech events cancelled due to Covid-19

Here are all the major companies that have joined the saga of 'coronavirus event cancellation' casualty.

Mar 5, 2020

South Korea declares war on coronavirus, 5,200 infected

The 374 new cases, which were identified over the past 16 hours on Tuesday, brought the nation's total number of infections to 5,186, the Korea Centers for Disease Control and Prevention (KCDC) said.

Mar 4, 2020

Coronavirus: Italian tourist in Jaipur tests positive, total cases in India rises to 6

With this, the total number of coronavirus positive cases in India has risen to six. On Monday, the health ministry said that two people, one from Delhi and the other from Hyderabad, tested positive for Covid-19.

Mar 3, 2020

Narendra Modi on coronavirus scare in India: No need to panic, we need to work together

PM Narendra Modi said that different ministries and states are working together to contain the spread of coronavirus cases in India.

Mar 3, 2020

Vistara considering a bid for Air India, says chairman Bhaskar Bhat

Vistara, a joint venture between India's Tata Group and Singapore Airlines, is considering a bid for the government's stake in state-run carrier Air India.

Mar 3, 2020

Government asks banks to process 1.18 lakh pending PMEGP loan applications by March 15

Banks were asked by the Government to release the loans in approved cases immediately. The financial institutions are requested to take up about 1.18 lakh pending PMEGP loan applications latest by March 15, with special emphasis on the North Eastern Region (NER).

Mar 2, 2020

Foreigner's passport not mandatory for applying for Indian citizenship: Calcutta High Court

Calcutta High Court Justice Bhattacharya passed the order while disposing off a petition by granting the petitioner liberty to file an application before the authority "as contemplated in Rule 11 of the Citizenship Rules 2009, upon furnishing explanation as to the non-availability of the passport".

Mar 1, 2020

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Search Results for: economy

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

YES Bank revival scheme: RBI announces reconstruction plan for capital-starved bank, what it means

Rahul Gandhi, Chidambaram react to Yes Bank crisis; Congress, BJP indulge in blame game

Nirmala Sitharaman reacts on Yes Bank crisis: FM assures depositors, says 'Money is safe'

Coronavirus crisis: List of major global tech events cancelled due to Covid-19

South Korea declares war on coronavirus, 5,200 infected

Coronavirus: Italian tourist in Jaipur tests positive, total cases in India rises to 6

Narendra Modi on coronavirus scare in India: No need to panic, we need to work together

Vistara considering a bid for Air India, says chairman Bhaskar Bhat

Government asks banks to process 1.18 lakh pending PMEGP loan applications by March 15

Foreigner's passport not mandatory for applying for Indian citizenship: Calcutta High Court

GDP growth further sinks to 4.7%; 'steadiness' in economy a good sign says FM

Have no fear, when chicken is here: Telangana ministers eat chicken to dispel fear around spread of coronavirus

'How has economy failed when marriage halls, hotels are full': BJP leader Suresh Angadi

Coronavirus fear tanks Sensex over 1,100 points, Nifty 335; set for worst week in 4 years

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]