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About 11 results for "danish national bank"

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

'In India, people save for their children's education or a daughter's marriage or for old age.''This is not America or Japan, this is India.''This is a conservative society and what we need is more regulation to safeguard and guarantee people's money.' IMAGE: 'Representatives of the RBI are on all the boards of public sector banks and they know very well that Indian banks are giving loans to the gem and jewellery industry in unusual proportions in the last few years.''The RBI should have ..., 1 week ago

Sensex drops 162 points, Nifty slips below 10,500

Market sentiment suffered a jolt after other Asian markets closed with widespread losses and European markets dropped in early trade The benchmark BSE Sensex dropped 162.35 points to close at 34,184.04 on Wednesday as inflation worries resurfaced following comments of new US Federal Reserve Chair Jerome Powell. Also, banking stocks led by Axis Bank, Yes Bank, ICICI Bank and HDFC Bank took a hit after the finance ministry set a 15-day deadline for banks to take pre-emptive action on operational ...
 Rediff.com3 weeks ago

PNB fraud is now pegged at Rs 12,717 crore

The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank. Punjab National Bank (PNB) has said that the alleged fraud perpetrated by jewellers Nirav Modi and Mehul Choksi may be around $2 billion, over $204 million more than previously estimated.   In a Monday night filing to stock exchanges, the ...
 Rediff.com3 weeks ago

RSS could not have fought a war even 100 years ago

'What does Bhagwat think his militia will do once it is at the border?''What does Bhagwat imagine his Sangh followers will do that will protect Mother India?' asks Aakar Patel. IMAGE: RSS Sarsanghchalak Dr Mohan Bhagwat. Photograph: Danish Siddiqui/Reuters The last major war between two States was fought 15 years ago. Saddam Hussain was defeated by George W Bush in 2003 in a one-sided engagement (I am referring here to the initial invasion and not the occupation). The Iraqis had not received ...
 Rediff.com3 weeks ago

Sensex sinks 287 points; ends flat for the week

The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05. Giving up early gains, benchmark Sensex tumbled 287 points to end at 34,010 on friday on widespread selling in auto, metal, PSU, capital goods, realty and banking counters.   Punjab National Bank, at the centre of a massive Rs 11,400-crore fraud, fell for the third straight session. The state-run lender has lost over Rs 8,700 crore in its market capitalisation in ...
 Rediff.com1 month ago

White House blames Russia for NotPetya cyberattack

[United States], Feb 16 (ANI): United States President Donald Trump's administration on Thursday blamed the Russian government for launching a massive cyberattack on Ukraine in 2017. The White House even threatened "consequences" against President Vladimir ...
 Sify1 month ago

Jaitley: 'Budget reflects conviction and mood of PM'

'This year, the surprise package is going to be the GST' 'This year is the year of consolidation'  'Healthcare and social spending is a big thing for this Budget. The focus is legitimate' In an interview with Doordarshan News, Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical. He told A K Bhattacharya that the glide path of the economy would remain consistent.   This is the first time that you have slipped in meeting ...
 Rediff.com1 month ago

Companies that made shareholders RICH

The one common theme across companies that have rewarded shareholders is consumption, says Niraj Bhatt. IMAGE: Shah Rukh Khan poses with the one tonne, five feet tall, bronze bull outside the Bombay Stock Exchange. Photograph: PTI On January 11, 2008, the Bombay Stock Exchange welcomed a bronze bull, five feet tall and weighing a tonne. It couldn't have come at a more opportune time -- the bull market had begun in 2005 and, just three days earlier, the Sensex had closed at its life-time high.
 Rediff.com2 months ago

SBI lowers base rate, to benefit nearly 80 lakh customers

Those who are on the old lending rate regimes and have not moved to MCLR, will be benefited from this reduction. The State Bank of India on Monday reduced the base rate and benchmark prime lending rates (BPLR) by 30 basis points each, which will benefit nearly 80 lakh customers on the old pricing regime. The nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent, while the BPLR is down from 13.70 per cent to 13.40 per cent.   The bank ...
 Rediff.com2 months ago

14 killed in roof-top pub fire in Mumbai

Police have booked the owners of the restaurant for culpable homicide.  PHOTOS: Devastating blaze at Mumbai's Kamala Mills IMAGE: A team of police inspect the debris after a fire broke out in Mumbai. Photograph: PTI Photo A fire that started at a rooftop pub during a party spread rapidly through the building, killing 14 people, including a woman celebrating her 29th birthday and many of her friends, officials said on Friday. The fire, which also injured 21 people, started ...
 Rediff.com2 months ago
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