Search Results for: ICICI Bank

Coronavirus triggers layoffs: More job loss, pay cut on cards as India fights against Covid-19

All major employment sectors in the country took drastic measures like large scale employee termination and salary cuts to sustain the loss due to the national lockdown.

Apr 17, 2020

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

Appreciating the work of the medical staff, police force and all others working during this pandemic crisis, the Reserve Bank has released its latest announcement on its assessment of the current economic situation.

Apr 17, 2020

Hobbled by coronavirus, China's first-quarter GDP shrinks for first time since 1992

China's economy shrank in the March quarter for the first time since current records began almost three decades ago, as the coronavirus shut down factories and shopping malls and put millions out of work.

Apr 17, 2020

Markets open higher: Sensex surges over 1,000 points after RBI announces liquidity measures

Gains in early trade are also a result of improved performance in Asian markets after President Donald Trump's planned to gradually reopen the US economy offset data that showed China suffered its worst economic contraction on record due to the coronavirus pandemic.

Apr 17, 2020

RBI cuts reverse repo rate from 4% to 3.75% in bid to spur bank lending

In a speech, RBI Governor Shaktikanta Das said the central bank had cut its reverse repo rate to 3.75% with immediate effect.

Apr 17, 2020

No, PM Modi won't shower money from helicopters to boost economy

A report aired by a Kannada News Channel stated that Prime Minister Narendra Modi has decided to adopt the Helicopter Money tool to boost the sagging economy.

Apr 16, 2020

Chinese investments in stock market under scanner; SEBI seek details

Making full use of cheaper prices, the People's Bank of China (PBOC) raised its stake from 0.8 percent to 1.01 percent in the country's largest private sector lender HDFC Bank in March quarter.

Apr 16, 2020

Salman Khan lashes out at lockdown breakers; Says, 'Don't be Yamraaj for your family'

Salman Khan has released a video on his Instagram account, ranting out on the people who are not adhering by the lockdown rules.

Apr 16, 2020

Cyber security concerns: Stay off Zoom and Google Hangouts, Standard Chartered chief tells staff

Neither service offers the level of encryption of conversations that rivals like Cisco System Inc's Webex, Microsoft Corp's Teams or Blue Jeans Network Inc do, industry experts said.

Apr 15, 2020

Coronavirus impact: Global economy on track, could shrink by 3% in 2020, says IMF

The IMF, in its 2020 World Economic Outlook, predicted a partial rebound in 2021, with the world economy growing at a 5.8 per cent rate, but said its forecasts were marked by "extreme uncertainty" and that outcomes could be far worse, depending on the course of the pandemic.

Apr 15, 2020

From MSME liquidity crisis to tapping RBI reserves, Mohandas Pai serves it hot

T V Mohandas Pai cited examples of the measures taken by the US Fed and the UK government to help businesses tide over the Covid-19 crisis.

Apr 14, 2020

Coronavirus: 74 lakh bank accounts of poor families to be credited with Rs 1,500 in Telangana

State cabinet minister KT Rama Rao said the government transferred Rs 1,112 crores to banks for this programme towards the financial assistance to poor families during coronavirus induced lockdown.

Apr 14, 2020

Tamil Nadu man peddles cycle for 130 km to get wife treated in Puducherry, still awaits govt help

Owing to the lockdown, buses were not plying between Tamil Nadu and Puducherry. Wearing just a 'dhoti', Arivazhagan asked his wife to sit on the carrier and tied her to himself with a towel, lest she fell en route to JIPMER.

Apr 14, 2020

IMF executive board approves immediate debt relief for 25 countries amid coronavirus pandemic

The IMF's revamped Catastrophe Containment and Relief Trust (CCRT) enables the IMF to deliver grants for debt relief benefitting eligible low-income countries in the wake of catastrophic natural disasters and major, fast-spreading public health emergencies.

Apr 14, 2020

Explained: China fast buying stocks of major Asian FIs as markets fall

Amidst rise in coronavirus cases and a steep decline in stock prices, China is on a purchasing spree - buying stocks of companies and major financial institutions across Asia since January. Why? What's the rebound plan of China to bring back its financial stability and claim economic status globally? We deliberate here.

Apr 13, 2020

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Search Results for: ICICI Bank

Coronavirus triggers layoffs: More job loss, pay cut on cards as India fights against Covid-19

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

Hobbled by coronavirus, China's first-quarter GDP shrinks for first time since 1992

Markets open higher: Sensex surges over 1,000 points after RBI announces liquidity measures

RBI cuts reverse repo rate from 4% to 3.75% in bid to spur bank lending

No, PM Modi won't shower money from helicopters to boost economy

Chinese investments in stock market under scanner; SEBI seek details

Salman Khan lashes out at lockdown breakers; Says, 'Don't be Yamraaj for your family'

Cyber security concerns: Stay off Zoom and Google Hangouts, Standard Chartered chief tells staff

Coronavirus impact: Global economy on track, could shrink by 3% in 2020, says IMF

From MSME liquidity crisis to tapping RBI reserves, Mohandas Pai serves it hot

Coronavirus: 74 lakh bank accounts of poor families to be credited with Rs 1,500 in Telangana

Tamil Nadu man peddles cycle for 130 km to get wife treated in Puducherry, still awaits govt help

IMF executive board approves immediate debt relief for 25 countries amid coronavirus pandemic

Explained: China fast buying stocks of major Asian FIs as markets fall

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]