Finance

  • RBI revises leverage ratio, disclosure norms for banks
    3:19 PM

    Chennai, Jan 8 (IANS) The Reserve Bank of India (RBI) Thursday revised the guidelines for leverage ratio framework under the Basel III and the relevant disclosure norms. The central bank said banks operating in India are required to make disclosure of the leverage ratio and its components from the date

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  • Miley Cyrus posts disturbing selfie
    10:47 PM

    Los Angeles, Jan 8 (IANS) Singer Miley Cyrus has posted a bizarre selfie in which she is seen with blood dripping out of her nose. The 22-year-old posted the photograph on Instagram, reports aceshowbiz.com. The “Wrecking Ball” hitmmaker, who is seen wearing a turquoise hoodie, captioned the photograph: “ew.” In

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  • Falling crude puts oil, finance ministries at cross-purposes
    1:59 PM

    New Delhi, Jan 7 (IANS) With global crude oil prices going below $50 a barrel on the first Tuesday of January, India‘s finance ministries find themselves at cross-purposes in a way that recalls the Roman two-faced god of the month, Janus.  Before the first week of the New Year ended,

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  • Tata Teleservices stake sale: NTT DoCoMo files arbitration request
    12:03 PM

    Tokyo/ New Delhi, Jan 5 (IANS) Japanese telecom major NTT DoCoMo Monday said it has submitted a request for arbitration with the London Court of International Arbitration, asking it to ensure that Tata Sons finds a buyer who will pay Rs.7,250 crore for the Japanese service provider’s stake in their

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  • 14th Finance Commission term extended till Dec.31, 2014
    4:25 PM

    New Delhi, Nov 1 (IANS) The term of the 14th Finance Commission has been extended by two months, till Dec.31, 2014, an official statement said here Saturday. “The proposal of extension of time period by two months for submission of report by the Fourteenth Finance Commission has been considered and

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  • Chandy defends finance minister over graft allegation
    12:47 PM

    Thiruvananthapuram, Nov 1 (IANS) Kerala Chief Minister Oommen Chandy Saturday defended Finance Minister K.M. Mani following a graft allegation made against him by a businessman who owns hotels with bars here. “This is a baseless allegation levelled by the businessman. He (businessman) said that he came and told me about

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  • Chinese unmanned lunar orbiter returns home
    4:59 AM

    Beijing, Nov 1 (IANS) China succeeded Saturday in the world’s first mission to the Moon and back, becoming the third nation to do so after the former Soviet Union and the US. The test lunar orbiter, nicknamed “Xiaofei” on Chinese social networks, landed in Siziwang Banner of China’s Inner Mongolia

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  • Union Carbide ex-chief Warren Anderson is dead
    1:13 PM

    Washington, Oct 31 (IANS) Warren Anderson, who headed Union Carbide when a gas leak in its Bhopal pesticide plant killed thousands, is dead, the New York Times reported. Anderson died Sep 29 at a nursing home in Vero Beach, Florida, aged 92, the Times said. His death, not announced by

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  • Union Carbide ex-chief Warren Anderson is dead
    1:13 PM

    Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92. His death revived memories of the 1984 Bhopal gas tragedy. He died Sep 29 at a nursing home in Vero Beach, Florida, The New York

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