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PNB to raise interest rate following 40 basis points repo rate increase by
Updated : 4 years, 3 months ago IST
New Delhi [India], May 12 (ANI): Punjab National Bank (PNB) is set to increase interest rates following the hike in policy repo rate by the Reserve Bank of India, PNB Managing Director and Chief Executive Officer Atul Kumar Goel said on Thursday.
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Coal loading for powerhouses being constantly ramped up: Railways
Updated : 4 years, 3 months ago IST
New Delhi [India], May 11 (ANI): Amid reports of a shortage of coal supplies at power plants, Railway Ministry on Wednesday said it has constantly ramped up coal loading for powerhouses across the country.
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Power ministry takes steps for operationalising imported coal-based plants
Updated : 4 years, 3 months ago IST
New Delhi [India], May 11 (ANI): Union Power Ministry has directed Power Finance Corporation (PFC) and Rural Electrification Corporation (REC Ltd) to take necessary action to arrange short term loans for a period of six months with adequate safeguards for imported coal-based plants (ICB) whi
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DBS Bank extends transition loan facility to Shree Renuka Sugars for repla
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI/PRNewswire): To support India's push to double the country's ethanol distillation capacity and blend 20 per cent of ethanol in petrol by 2025, Shree Renuka Sugars Ltd (SRSL), a subsidiary of Wilmar International Ltd, Singapore and one of the largest
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Pak leader Aslam claims IMF delaying meeting, seeking hike in petroleum pr
Updated : 4 years, 3 months ago IST
Karachi [Pakistan], May 10 (ANI): As per Pakistan Tehreek-i-Insaf (PTI) spokesperson on finance Muzzammil Aslam, the IMF has deferred a meeting with Pakistan authorities until May 18 as they are seeking a hike in petrol and diesel prices.
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Kolkata: 5 years jail to ex-bank manager, pvt firm owner for loan fraud
Updated : 4 years, 3 months ago IST
Kolkata (West Bengal) [India], May 9 (ANI): A CBI court in Kolkata sentenced a former Branch Manager of the Bank of Maharashtra in Kolkata and a proprietor of A private firm to five years imprisonment for loan fraud and causing loss to the bank.
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China aiding militarization in African countries through loans
Updated : 4 years, 3 months ago IST
Beijing [China], May 9 (ANI): The Chinese loans in Africa, which are widely seen as extensions of the country's debt-trap diplomacy are being used by the recipient countries not just for infrastructure spending, but also for militarization, with defence companies from China being one of the
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Variety of Records with Loads of Laurels for India Book of Records
Updated : 4 years, 3 months ago IST
New Delhi [India], May 9 (ANI/NewsVoir): India Book of Records holds a special place in the hearts of all those who are looking forward to creating a record, even those who can feel the thrill and passion of creating a record. The record holders are proud and prouder still is the IBR team th
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Sri Lanka gets one more year to repay USD 200 mln bailout fund to Banglade
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], May 9 (ANI): As cash-strapped Sri Lanka struggles to emerge out of a deepening economic crisis, Bangladesh has extended the term of the USD 200 million loan to the island nation under a currency swap deal by one more year.
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Pakistan: Electricity shortfall forces KE to increase power cut duration
Updated : 4 years, 3 months ago IST
Karachi [Pakistan], May 8 (ANI): The Karachi Electric Supply Company (KE) in Pakistan has extended the duration of power cuts across several regions in Pakistan, following a major electricity shortfall that has reached 300 to 400mws, Ary News reported.
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Loads of weapons seized in Northern Afghanistan
Updated : 4 years, 3 months ago IST
Kabul [Afghanistan], May 8 (ANI): Afghanistan's security forces have seized weapons in the northern Baghlan province, the Afghan caretaker government confirmed on Sunday.
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China again looking to trap Sri Lanka by offering more loans
Updated : 4 years, 3 months ago IST
Beijing [China], May 7 (ANI): At the time when Sri lanka is struggling for its worst econimc crisis due to the huge Chinese loan debt, Beijing has once trying to entrap the Island nation by offering more loans and so-called aid to the country, according to media report.
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