Search Results for: Capital Adequacy Ratio

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Electric rickshaw operators protest Delhi High Court's ban

New Delhi, Aug 06 (ANI): Drivers of electric rickshaws converged at Jantar Mantar in New Delhi on Wednesday to protest against Delhi High Court's decision of banning them. The High Court intervened after a child died on July 30 as he fell from his mother's lap into a frying pan of a sweet shop after the woman was hit by an e-rickshaw. The tragic incident sparked a furious debate between political parties on regularization of the e-rickshaws in the national capital. Delhi High Court on July 31 directed the Delhi government to stop e-rickshaws from running on city roads till the next hearing on August 14. Vice-chairman of Battery Rickshaw Welfare Association, Chaudhary Ishwar Singh, said they had assembled to protest the ban and request the court to let rickshaws ply until government submits its proposed guidelines on regulating them. Aug 6, 2014
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RBI keeps repo, CRR unchanged; cuts SLR by 50 bps

Mumbai, Aug 05 (ANI): India_s central bank, Reserve Bank of India (RBI), keeps its key policy repo rate unchanged as widely expected, but lowers banks_ minimum bond holding requirements, known as the statutory liquidity ratio (SLR) by half a percentage point. The RBI has lowered the SLR, by half a percentage point to 22 percent to free up more money for lending, effective from August 09. RBI governor Raghuram Rajan said the move was aimed at giving more funds to private sector and for the public sector firms. The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point. Aug 5, 2014
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Rani Mukerji promotes her movie 'Mardaani'

Mumbai, Aug 5 (ANI): Bollywood actress, Rani Mukerji, along with director Pradeep Sarkar and script writer Gopi Puthran promoted her upcoming drama film, 'Mardaani', in India's entertainment capital, Mumbai recently. 'Mardaani', which means manly, revolves around a senior police inspector, played by Rani, who unearths human trafficking racket. While promoting the movie, she said that the film was relevant in today's times and after watching it, every woman will feel empowered. Meanwhile, she also said that queen of Jhansi, who was one of the leading figures to drive out British East India Company, inspired her and was a symbol of women empowerment. The film is produced by Aditya Chopra and is slated for release on 22nd August 2014. Aug 5, 2014
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Sensex, Nifty Gain; Infosys Rallies on Weaker Rupee

Indian shares ended higher on Monday, snapping two days of fall as software services exporter Infosys rallied on weaker rupee, while lenders gained a day before the central bank's policy review. Aug 4, 2014
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PM Narendra Modi meets leaders of political party in Nepal

Kathmandu, Aug 04 (ANI): Prime Minister Narendra Modi on Monday met Communist Party of Nepal-Unified Marxist Leninist (CPM-UML) Chairman KP Oli while on his two day visit to the neighbouring nation. Modi also met Unified Communist Party of Nepal (Maoist) Chairman Pushpa Kamal Dahal as his visit in Nepal ends today. As his last few meetings, Modi also met leaders of Madhesi parties in Nepal and had conversations with them. Modi had earlier in the day offered prayers at Pashupatinath Temple and later tweeted saying, _Felt extremely blessed on offering prayers at the Pashupatinath Temple this morning_. The Indian prime minister is scheduled to fly back to the national capital this evening. Aug 4, 2014
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