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Ackman Warns Banks Face Too Much Liability Exposure on Adani Deal-...

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In the most recent $2.5 billion IPO by Gautam Adani, his investors gave him a thumbs up, still assessing how Adani is exposed to...

Banks need to raise and conserve capital in COVID time: former...

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Commercial banks of the country are required to raise capital at this juncture even if it is not needed as the COVID-19 pandemic has...

Finmin may review capital requirement of PSU banks after second quarter

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The finance ministry may assess the capital requirement of public sector banks after the September quarter as there would be greater clarity about a...

Special liquidity facility available for loans up to 1 year: SIDBI

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On Apr 23, SIDBI launched a special liquidity facility of 150 bln rupees for micro, small and medium enterprises struggling on account of the...

US economy to hit a new low in Apr-Jun, not time...

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"This time now is going to be a time of sharp contraction in economic activity, high unemployment. Personal consumption expenditures have declined sharply, business...

JMM Manifesto for Jharkhand State Assembly Elections

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Jharkhand is gearing up for elections in the last month of the year. With a ruling state government led by the Bhartiya Janta Party, the opposition forces have awakened to give it a tough fight. The main opposition which BJP might face is from the regional party of the area, Jharkhand Mukti Morcha [JMM]. In a release of its manifesto, JMM has assured to grant 67% reservation to the Scheduled Tribes [ST], Other Backward Classes [OBC] and Scheduled Castes [SC]. Also, the manifesto promises the opportunity to avail government job for the local people, if it is elected to power in the next Assembly elections. 
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