YES Bank To Get RBI’s Liquidity Boost If Needed, Says Governor
NEW DELHI – Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of YES Bank Ltd that their money is safe […]
BUSINESS
Gold Falls Further As Investors Rush To Hoard Cash
MUMBAI – Gold prices fell almost 2% on Tuesday, extending losses from the previous session’s meltdown, as investors continued to sell assets to keep their […]
Canada To Avoid Technical Recession Despite Hit, Says Conference Board
TORONTO — The Conference Board of Canada expects the country will avoid a technical recession as the economy rebounds from a 2.7 per cent contraction […]
Rana Kapoor’s Style Of Functioning Left Rs 54,000 Crore Hole In Yes Bank Balance Sheet: Report
NEW DELHI – Yes Bank founder Rana Kapoor is now under police custody after being arrested on charges of money laundering. Kapoor is known for […]
Mukesh Ambani Loses Asia Wealth Crown To Jack Ma In $5.8 Billion Rout
MUMBAI – Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with […]
Canada’s Pace Of Housing Starts In February Slowed Compared With January
OTTAWA – The annual pace of housing starts fell in February compared with January, but still came in stronger than economists had expected. Canada Mortgage […]
World Economy Likely To Shrink Due To Coronavirus, Says Global Watchdog
PARIS – The coronavirus outbreak will have a major impact on economic growth worldwide this year, the OECD warned Monday as it lowered its global […]
Vodafone Idea, Airtel And Jio Collectively Pay Rs 6,045 Crore To Govt In Dues
NEW DELHI – Vodafone Idea, Bharti Airtel, and Reliance Jio collectively paid Rs 6,045 crore to the department of telecommunications (DoT) on Tuesday as half-yearly […]
DIGITAL CURRENCY: Bank of Canada Looking To Create Its Own Digital Currency As ‘Contingency
OTTAWA – The country’s central bank plans to lay the foundation for its own digital currency as a backstop should the day arise where cash […]
Reliance Jio And Microsoft Will Form A Defining Partnership, Says CEO Nadella
MUMBAI – Microsoft Corp Chief Executive Officer Satya Nadella touted the new India cloud partnership with Reliance Industries as he shared centre-stage with its chairman […]