New Delhi [India], Nov 23 (ANI): A Special court in Delhi on Saturday reserved the order on an application filed by the Enforcement Directorate (ED) seeking 14-days remand of Sanjay Singal, former chief managing director (CMD) of Bhushan Power and Steel Limited, in a bank loan fraud case.
New Delhi [India], Oct 12 (ANI): The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power & Steel Limited (BPSL) in an alleged bank fraud case under the Prevention of Money Laundering Act, 2002 (PMLA).
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
Mumbai (Maharashtra) [India], Aug 5 (ANI): The Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in its August 7 policy meet and further reduce it by 50 to 75 bps to achieve the level of less than or equal to 5 per cent by March 2020, according to State Bank of India's r
Mumbai (Maharashtra) [India], July 18 (ANI): Government-owned Punjab & Sind Bank (PSB) has reported a Rs 238.3 crore fraud relating to allegations of diversion of funds by the indebted Bhushan Power & Steel Ltd (BPSL).
Patna (Bihar) [India], July 17 (ANI): Chairman of Bihar Public Service Commission (BPSC) has met and briefed state Governor Lalji Tandon over civil service examination question paper in which a question referred to the governors of states as "kathputli (puppet)".
New Delhi [India], July 16 (ANI): The interest rate on the general provident fund (GPF) has been cut by 10 basis points (bps) to 7.9 per cent from 8 per cent with effect from July 1, the Finance Ministry said on Tuesday.
Patna (Bihar) [India], July 15 (ANI): In a damage control exercise, Bihar Public Service Commission (BPSC) has sought an explanation from the person who put the question on the role of Governor in BPSC Mains Examination paper. Blacklisting him, the Commission has also barred him from setting
New Delhi [India], July 15 (ANI): A question asked in the Bihar Public Service Commission (BPSC) exams asking candidates to examine whether a Governor is a "mere puppet" has caused flutters in political circles.
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
Mumbai (Maharashtra) [India], July 8 (ANI): Shares of government-owned Punjab National Bank (PNB) fell over 10 per cent on Monday after it reported a borrowing fraud of Rs 3,805 crore in Bhushan Power and Steel Limited's (BPSL's) account.
Mumbai (Maharashtra) [India], May 13 (ANI): Global analytical company Crisil said on Monday that its research expects headline inflation, measured by the consumer price index (CPI) to rise 60 basis points (bps) to 4 per cent this fiscal from 3.4 per cent in fiscal 2019.