Search For "reserve"
RBI may keep policy rates steady amid Omicron scare
Updated : 4 years, 3 months ago IST
New Delhi (India), December 7 (ANI): The Reserve Bank of India (RBI) is expected to maintain a status quo on key rates in its bi-monthly policy review to be announced on Wednesday as Omicron, a new strain of Coronavirus, adds to the economic uncertainties.
Read More
Proposed bill on cryptocurrency evokes wide interest, stakeholders pitch f
Updated : 4 years, 3 months ago IST
New Delhi [India], December 4 (ANI): The bill concerning cryptocurrency is among the most keenly awaited new bills to be introduced in the winter session of parliament with the government intending to create a facilitative framework for the creation of the official digital currency to be i
Read More
US stocks down 2nd week in row on Federal Reserve Rate hike, Omicron fears
Updated : 4 years, 3 months ago IST
New York [US], December 4 (ANI/Sputnik): US stocks tumbled for a second week in a row, roiled by fears of an imminent rate hike by the Federal Reserve and the possibility of another round of global economic turmoil from potential measures to address the coronavirus Omicron variant.
Read More
Ackeem Auguste to lead West Indies in U-19 World Cup
Updated : 4 years, 3 months ago IST
Saint John's [Antigua], December 3 (ANI): The Cricket West Indies (CWI) selection panel on Friday announced a 15-member squad and five reserves for the ICC U-19 World Cup slated to be played in the West Indies in January next year.
Read More
Pakistan cedes strategic pipeline contract to China to repay mountain of d
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], December 3 (ANI): Pakistan has started ceding important projects to Beijing as a way out to repay the mountain of debt arising out of Chinese loans as the Imran Khan government recently awarded the contract for the construction of 3,021 km of the strategic crude oil pip
Read More
Insolvency proceedings against Reliance Capital begin; RBI files applicati
Updated : 4 years, 3 months ago IST
New Delhi [India], December 3 (ANI): The Reserve Bank on Thursday filed an application for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Reliance Capital under sections of Insolvency and Bankruptcy Code, 2016 at the Mumbai Bench of the National Company Law Trib
Read More
At Doha talks, Taliban pleads for unfreezing of Afghan reserves
Updated : 4 years, 3 months ago IST
Kabul [Afghanistan] December 2 (ANI): Taliban delegation has asked US administration to unfreeze Kabul's financial assets enabling it to function as the government as it faces a tough economic crisis in the talks held in Doha, Qatar.
Read More
Reliance Capital welcomes RBI's decision, blames complexity of litigation
Updated : 4 years, 3 months ago IST
New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance with the Insolvency and Bankruptcy (IBC) Code.
Read More
RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance w
Updated : 4 years, 3 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets.
Read More
RBI supersedes Reliance Capital board, to start insolvency process
Updated : 4 years, 3 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) on Monday superseded the board of directors of Reliance Capital Ltd (RCL) in view of the defaults by the company in meeting various payment obligations to its creditors and "serious governance concerns which the Board has
Read More
Blood donation camp organised by Indian army in J-K's Ganderbal
Updated : 4 years, 4 months ago IST
Ganderbal (Jammu and Kashmir) [India], November 28 (ANI): The Wusan Battalion of the Indian Army organised a blood donation camp in Ganderbal district of Jammu and Kashmir on the occasion of Constitution Day on Friday.
Read More
Delhi's sessions court reserves order on appeals filed by Ansal brothers
Updated : 4 years, 4 months ago IST
New Delhi [India], November 27 (ANI): Delhi's Sessions Court reserves order on appeals filed by businessmen Ansal brothers and others seeking suspension of sentence in tampering with evidence in the 1997 Uphaar fire tragedy case. The Court will pronounce its order on December 3.
Read More