[Pakistan], April 24 (ANI): The Pakistan Army has said that it will play its due role in a legal and transparent manner as part of the Supreme Court-ordered Joint Investigation Team (JIT) which will probe Prime Minister Nawaz Sharif and his family's business ... Sify, 1 day ago
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While they have restructured loans, there is still question mark over the success of such a work-out The Union Cabinet might within the next few weeks consider a new framework to deal with toxic assets worth Rs 6 lakh crore in the Indian banking system, a top government official said. The proposed framework envisages legislative action through amendments to the Prevention of Corruption Act (PCA) and Banking Regulations Act to empower the banks further to tackle non-performing assets (NPAs), ...Rediff.com, 5 days ago
The Pakistan Army said Thursday there will be 'no compromise' on the issue of death sentence awarded to alleged Indian spy Kulbushan Jadhav by a military court.The remark comes as Pakistan faces hostile backlash from India over the death penalty to Jadhav.In ...Business Standard, 1 week ago
India has pledged to work with the Australian Government, universities and vocational education trainers to establish themselves in India following a successful two-day mission that has also delivered key advancements on 'train the trainer' course offerings ...catchnews.com, 2 weeks ago
The indebtedness of Indian companies has had an adverse impact on the economy’s investment climate apart from weakening their performance and seriously impairing the financial health of the banking sector.Unless both the problems are resolved, there is little chance of reviving investment and boosting growth on a sustainable basis, says A K Bhattacharya. It is commonly acknowledged that India’s financial sector mess has given rise to two specific but inter-related challenges. There ...Rediff.com, 3 weeks ago
President Donald Trump warned that it is the regulators who are currently running the country's banks, insisting that he will eliminate the "horrible" regulations hampering US job creation and economic progress.Trump on Tuesday spoke at a White House forum ...Prokerala, 3 weeks ago
Banks to get more aggressive and act like PE investors The government and the Reserve Bank of India (RBI) could introduce a gradation system in loan restructuring to deal with bad debts. All schemes introduced by the central bank would be used, depending upon the provisioning requirement, and public sector banks would get to act like aggressive private equity players to recover dues. The central idea would be to protect the interests of banks. “Banks have in the past few months been ...Rediff.com, 3 weeks ago
Assamese filmmaker Rima Das' film "Village Rockstars" has been officially selected for the 2017 Marche du Film (Cannes) Work-In-Progress Lab at the 15th Hong Kong-Asia Film Financing Forum. Rima's film was among the eight shortlisted WIP Lab projects that are ...Business Standard, 1 month ago
[Sri Lanka], Mar. 22 (ANI): Sri Lankan President Maithripala Sirisena left on a three-day official visit to Russia beginning today on the invitation extended by his counterpart Vladimir Putin. Sirisena will be the first Sri Lankan Head of the State to visit ...Sify, 1 month ago
The redressal of the complaints are registered by a complainant with the three tier system of quasi-judicial bodies namely the District Consumer Disputes Redressal Forum, State Consumer Disputes Redressal Commission and the National Consumer Disputes ...Business Standard, 1 month ago
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