Top
Home » Business » In Other News

In Other News - Page 77

Outside view of Lakshmi Vilas Bank, in Mumbai, Wednesday, Nov 18, 2020. Shares of Lakshmi Vilas Bank (LVB) plunged as much as 20 per cent -- lower circuit -- on Wednesday after the Reserve Bank of India (RBI) imposed a 30-day moratorium on the cash-strapped lender, restricting cash withdrawals at Rs 25,000 per month. (PTI Photo)Business
Lakshmi Vilas Bank shareholders to get nothing after merger with DBS...

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:15 AM IST

A worker wearing PPE kit sprays disinfectant inside a shopping mall after authorities eased restrictions during Unlock 4.0, in Chennai. PTI photoBusiness
COVID-19 effect: Shopping malls coming up at snail’s pace across...

The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the...

18 Nov 2020 4:02 AM IST

Lakshmi Vilas BankBusiness
Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with...

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:27 AM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)Business
Loan moratorium: RBI urges SC to lift interim order banning...

The bench said that it would take up the matter for hearing on November 18

5 Nov 2020 1:58 PM IST

The Centre has been requesting that due consideration be given to suitable candidates belonging to the SC, ST, OBC, Minorities and Women says, Union Minister of Law and Justice Ravi Shankar PrasadBusiness
Centre to delink land held by 17 sick PSUs

While the government identified 19 sick PSUs for time-bound closure two years back, till now it has managed to close...

2 Nov 2020 10:48 AM IST

Revising its earlier estimate, the United Nations Conference on Trade and Development has predicted global trade to plummet by 20 per cent or by about $6 trillion in 2020.Business
Global trade to shrink by 20 per cent

International tourism arrivals are expected to fall by between 60 and 80 per cent in 2020. Remittances have greatly...

30 Oct 2020 11:49 AM IST

RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown. (PTI Photo)Business
RBI on gold buying spree

India was among the six central banks that increased their reserves in Q3 by a tonne or more.

30 Oct 2020 11:40 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)Business
Centre rejigs norms for PLI scheme

The government has replaced the criterion of ‘minimum threshold’ investment with ‘committed’ investment by the...

30 Oct 2020 10:06 AM IST

improvesIndias August gold imports doubles to hit 8-month peak. (Representative Image)Business
Gold demand in India plunges to 25-year low

India’s gold demand in 2020 might be the lowest in 25 years as the pandemic has already dragged down consumption in...

30 Oct 2020 9:59 AM IST

Business organisations are going to become more environmentally sustainable and make more of a positive impact on society in the economic recovery from Covid-19, as per survey.Business
Business organisations to become environmentally sustainable post...

Survey respondents agreed that professional accountants should be involved in understanding social and environmental...

23 Oct 2020 12:07 PM IST

Farmers block rail tracks near Multania during their agitation over new farm laws, in Bathinda, Thursday. PTI photoBusiness
Farmers not fully aware of agriculture laws: survey

Of the 52 per cent farmers who were opposing the laws, over 36 per cent were not informed about the details of these...

20 Oct 2020 11:42 AM IST

From an average growth of 8 per cent during FY17-19, urban consumption declined 0.6 per cent for the first time in two decades in FY20 before collapsing by more than a quarter during April-August 2020. (Representational Image: AFP)Business
Urban consumption sees worst decline in two decades

While urban consumption contracted 34 per cent, rural consumption shrank only 4 per cent

17 Oct 2020 1:12 PM IST

X