The editor 1514 posts 0 comments

The FCC and the State Department is engaged extensively overseas; currently, he said, adding that they are making a lot of progress.The United States has cautioned countries against choosing suppliers of 5G networking equipment merely on…

Subsequently, the outreach programme was conducted in 374 districts across the country to improve credit delivery, especially in critical sectors of the economy such as MSMEs, NBFCs, retail and the agriculture sectors.The finance…

India consumed 83.5 million tonnes of diesel in the 2018/19 fiscal year, according to Ministry of Petroleum and Natural Gas data. (Reuters)India’s demand for diesel is slowing as the country’s car fleet shifts predominantly to gasoline,…

…

WASHINGTON (Reuters) - The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in instances when it may…

Almost two years after the Punjab National Bank (PNB) reported the scandal involving diamantaire Nirav Modi, an exhaustive forensic audit commissioned by the bank has come to light, revealing the depth and extent of the rot and the ease…

However, despite the rate cut of this magnitude, the transmission of rates has been quite limited and has remained a cause of concern.If the Reserve Bank of India (RBI) decides to trim the rate by a further 25 basis points on December 5…

Bharat Bond ETF will only hold bonds with AAA credit rating issued state-owned owned companies including REC, PFC, NHAI, National Thermal Power Corporation among others.The much-awaited launch of Bharat Bond ETF received Cabinet Approval…

…

WASHINGTON (Reuters) - U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure “responsible use” of non-traditional sources of financial data to help determine whether a potential…