AAP MPs stage protest in Parliament complex over Yes Bank crisis
AMN Aam Aadmi Party MPs today staged a protest in front of Mahatma Gandhi statue in the Parliament complex over the crisis of Yes Bank. They alleged that bank has…
IAS Khemka raises serious objection over SBI help to Yes Bank owners
TIA BUSINESS DESK Raising severe objections over State Bank of India (SBI)’s draft reconstruction scheme for revival of Yes Bank, senior IAS officer Ashok Khemka shoot off a letter to…
Sensex Sinks 1,941 Points Over Coronavirus Panic, Oil Price Slump
Rs 5 Lakh Crore Wiped Off WEB DESK Equity benchmark Sensex crashed over 1,941 points on Monday, wiping off investor wealth worth around Rs 7 lakh crore, following global market…
SIT on Black money to submit its 7th report in next two months
WEB DESK Special Investigating Team (SIT) appointed by Supreme Court to oversee probe in black money used during the last general elections will submit its seventh interim report in the…
Economic diplomacy is at heart of India’s policies: S Jaishankar
Agencies External Affairs Minister Dr S. Jaishankar today said that economic diplomacy is at the heart of India’s Neighbourhood First, Act East and Africa policies. He said, India has offered…
SBI to explore possibility of picking up 49% in YES Bank
AGENCIES / State Bank of India, SBI, board has given in-principle approval to explore the possibility of picking up 49% stake in Yes Bank. The reconstruction plan, which RBI put…
All options open for restructuring Yes Bank: CEA
AMN Chief Economic Adviser Krishnamurthy Subramanian has said that all options are under consideration for restructuring Yes Bank and assured that depositors’ money is safe. Talking to reporters in New…
Yes Bank resolution will be done very swiftly: RBI Governor
AMN / MUMBAI Reserve Bank Governor Shaktikanta Das has assured that the Central bank will take every measure needed to secure the economy against the challenges arising from the Corona…
RBI places Yes Bank under Moratorium; Withdrawals Capped at Rs 50,000
WEB DESK The Reserve Bank of India (RBI) today imposed a moratorium on Yes Bank and capped withdrawals at Rs 50,000, said sources. The private sector lender has been grappling…
NRIs can acquire up to 100% equity in Air India
AMN/ NEW DELHI The union cabinet Wednesday approved Foreign Direct Investment, FDI policy on civil aviation. Briefing media in New Delhi, Information and Broadcasting Minister Prakash Javadekar said, FDI policy…