Allahabad Bank cuts MCLR by 5 bps
The benchmark one-year Marginal Cost of Fund based Lending Rate (MCLR) has come down to 8.30 per cent from 8.35 per cent earlier, the bank said in a regulatory filing.
West Bengal trims guv’s powers, cuts direct access to universities
Tuesday’s gazette notification — putting the state government between the ...
CIL to raise fuel stock at power plants to 22 days
Following successive months of slowdown, the company has managed to raise average daily pr...
Boris Johnson wins UK's Brexit election, hails ‘powerful mandate'
The Conservatives have taken a string of former Labour strongholds, with Labour having lost seats in the north of England, Midlands and Wales in areas that voted to leave the EU in the 2016 referendum. Johnson, who won his own seat in London's Uxbridge and South Ruislip, hailed the projected win for his Conservative Party as a “powerful new mandate”.
Share market update: Power shares gain; RInfra climbs 5%
The S&P BSE Power index was trading 0.69 per cent up at 1888.47 .
Pound powers higher as expected Tory win clears Brexit doubts
Against the euro, sterling rose around 2 per cent to as high as 82.80 pence.
US offers China tariff rate cut; announcement "imminent"
U.S. negotiators have offered to reduce tariffs on about $375 billion in Chinese goods by 50% across the board, two people familiar with the negotiations said on Thursday, and suspend tariffs on $160 billion in goods scheduled for Dec. 15.
Net cut off, people in Assam can’t read your message: Cong to PM
In a series of tweets, in both Assamese and English, the PM said he personally and the Centre are “totally committed to constitutionally safeguard the political, linguistic, cultural and land rights of the Assamese people as per the spirit of Clause 6”.
Labuschagne’s century powers Australia to day one advantage
Australia, who won the toss and batted in the day-nighter, reached 248 for four at stumps with Labuschagne 110 not out and Travis Head unbeaten on 20. Labuschagne batted through the final two sessions on a Perth Stadium pitch which was unresponsive before coming alive under the lights.
Angela Merkel tops Forbes most-powerful women list, again; FM Nirmala Sitharaman stands at 34th spot
Following Merkel was Christine Lagarde, president of the European Central Bank.
Government plans Ordinance to ensure power pacts are honoured
The planned ordinance would also deal with crucial issues of independence of electricity regulators and quick finalisation of tariffs based on costs – measures that were originally planned as amendments to the Electricity Act of 2003. States have been opposing these amendments for the past 3-4 years.
Part Panglossian, part practical, Governor Shaktikanta Das soldiers on
Tomorrow, Das will complete a year at the helm of RBI. Here's looking back at that turbulent one year.
Administrative, financial approval given for 12 new nuclear reactors for power generation: Government
During the Question Hour in the Rajya Sabha, Union minister for Atomic Energy Jitendra Singh said there are presently nine reactors under construction and pre-project activities are in progress at the 12 reactors accorded sanction.
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