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Rising Interest Rates Have a Sting in The Tail For Europe’s Banks0
- Economy
- January 30, 2023
Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved towards tightening. Two of Europe’s big corporate and mortgage lenders, Sweden’s
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Review: 4 rugged tablets put to the test0
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Republic Day 2022: When and where to watch Republic Day parade LIVE on January 260
- Uncategorized
- January 25, 2022
With the coronavirus pandemic raging, Republic Day is scheduled to be celebrated with a number of restrictions imposed by the centre and the size of the audience has also been cut down drastically. Earlier this month, a top Defence Ministry official had said, “We are promoting people to watch in the online format. The audience
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Raiffeisen Slumps After Confirming OFAC Request For Information On Russia Business0
- Uncategorized
- February 20, 2023
Shares in Raiffeisen Bank International (VIE:RBIV) slumped in early trade in Vienna on Monday, hurt by a report that it may be in trouble with U.S. authorities over its operations in Russia. The Austrian bank confirmed on Friday that the U.S. Office of Foreign Assets Control, an arm of the U.S. Treasury responsible for the
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PSB fraud is down 51% to Rs 40,295 crore, yet the number of cases is still rising: RBI0
- India
- May 16, 2022
During the financial year ending March 2022, public sector banks reported a 51% decrease in the amount involved in frauds, to Rs 40,295.25 crore, according to the Reserve Bank of India. The Reserve Bank said in response to a request under the Right to Information Act that the 12 PSBs (Public Sector Banks) recorded frauds
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Prime Minister Narendra Modi’s remarks on Guru Tegh Bahadur’s birthday0
- India
- April 22, 2022
On Thursday, Prime Minister Narendra Modi addressed the nation from the Red Fort, declaring that India has never posed a danger to any country or society and that the country upholds the ideals of Sikh gurus. In 1675, the Mughal monarch Aurangzeb assassinated Guru Tegh Bahadur, the ninth Sikh Guru. “This sacred Gurudwara reminds us
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