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Government introduces Banking Regulation Bill

Government introduces Banking Regulation Bill

New Delhi, July 24  Finance Minister Arun Jaitley on Monday introduced a bill under which the Centre may authorise the Reserve Bank of India to direct banks to initiate recovery proceedings against loan defaulters. The Banking Regulation (Amendment) Bill will replace an ordinance that earlier enabled this. The recovery proceedings would …

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Equity markets at new peak, Nifty nears 10k mark

Equity markets at new peak, Nifty nears 10k mark

Mumbai, July 24  The key equity indices — the BSE Sensex and the NSE Nifty — traded at record highs during the mid-afternoon session on Monday, with the wider Nifty of the National Stock Exchange (NSE) trading close to the 10,000-level. According to market observers, investors’ sentiments were boosted by hopes …

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Russian firm delivers Mi-171E helicopter to Balochistan

Russian firm delivers Mi-171E helicopter to Balochistan

Moscow/Islamabad The Balochistan provincial government in Pakistan has received a Russian Mi-171E non-combat helicopter, Russian news agency Tass reported. The Mi-171 is a civilian variant of the Mi-17 military cargo helicopter, which is already in service in the Pakistan Army. The Mi-17 is widely used across the world due to its …

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derivatives expiry to guide equity markets

derivatives expiry to guide equity markets

Mumbai  Ongoing quarterly results, along with derivatives expiry and global cues will guide the key equity markets during the upcoming week, market observers said. Analysts pointed out that the Parliament’s monsoon session, as well as the direction of foreign funds’ flow will be the other major themes for the upcoming week. …

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B-Town extends support to Nawazuddin over racism remark

B-Town extends support to Nawazuddin over racism remark

Mumbai Popular Bollywood celebrities like Nandita Das, Taapsee Pannu and Tannishtha Chatterjee have lent their support to National Award winning actor Nawazuddin Siddiqui, who earlier slammed the entertainment industry for promoting racism. “Thank you for making me realise that I cannot be paired along with the fair and handsome because I …

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Panel demands accountability for delay over farm loan waivers

Panel demands accountability for delay over farm loan waivers

Nagpur, July 22 In a major embarrassment for Chief Minister Devendra Fadnavis, a state government panel on Saturday questioned the massive delays in disbursing Rs 10,000 “immediate relief” as part of a comprehensive farm loans waiver scheme, announced over a month ago. Vasantrao Naik Sheti Swavalambi Mission (VNSSM) chairman Kishore Tiwari …

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Airtel, Idea plunge on RIL’s JioPhone announcement

Airtel, Idea plunge on RIL's JioPhone announcement

Mumbai, July 21 Stocks of telecom operators Bharti Airtel and Idea Cellular tumbled after industrialist Mukesh Ambani-led Reliance Industries (RIL) on Friday announced the launch of the JioPhone ‘intelligent smartphone’. Around 1.15 p.m., the scrip of telecom major Bharti Airtel fell by 3.22 per cent to Rs 406.25 on the BSE. …

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