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Power sector’s NPAs worth Rs one lakh crore may land in bankruptcy courts
After the successful resolution of Rattan India (Amravati), banks were hoping to close deal for Rattan India (Nashik) as well.By Ankur MishraAs the January 7 deadline to resolve non-performing assets (NPAs) in the power sector has…
Bank strike amid Bharat Bandh: ATMs, banks services to be hit on 8 January
ank of Baroda expects severe loss to banking services tomorrow.Services at several bank branches and ATMs are expected to remain down on 8 January 2020 as thousands of bank employees have threatened to sit for a strike. The protest call…
Onion prices to come down! Imports to help states get onions at Rs 49-58/kg for retail sale, says…
Onion prices in Delhi are ruling at Rs 70/kg on Tuesday, as against Rs 118 per kg on December 19, 2019. (Reuters)The government has so far imported 12,000 tonne of onion and it is being offered to states at Rs 49-58 per kg for retail…
Tata Sky Binge+ android TV set-top box launched in India: Price, features and all you need to know
The Tata Sky Binge+ android TV set-top box also comes with a new remote control that has a built-in microphone, which allows users to give voice commands.Tata Sky Binge+ Android TV set-top box has been launched in India. The new set-top…
Banking services may be hit due to trade unions’ strike on January 8
Banking services like deposit and withdrawal, cheque clearing and instrument issuance are expected to be impacted due to the strike. (Reuters)Banking services at public sector banks are likely to be hit on Wednesday due to a nationwide…
RBI extends forex deal hours to boost trade
India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home. Interbank deals, as well as those with customers in and outside India, can…
Risk of pension meltdown grows due to inaction by U.S. Congress
CHICAGO, Jan 7 (Reuters) - The window is closing on the chance to avert a pension meltdown that will slash the retirement benefits of more than a million U.S. workers. FILE PHOTO: The dome of the U.S. Capitol Building is seen as the sun…
CES 2020: The latest technology updates you need to know; check new gadgets unveiled
With two fitted tilt-rotors on the tail along with ten other rotors around the cabin, the aircraft is designed to take off vertically.For all those who enjoy the rush of latest tech gadgets, Consumer Electronics Show (CES) 2020 has…