ICICI Bank Weighs Share Sale of Upto $3 Billion
ICICI Bank Ltd. is considering raising as much as $3 billion in a share sale as the lender seeks to bolster its capital ratios, according to...
Tag : coronavirus pandemic
Fitch Cuts India Outlook to Negative, Retains BBB- Rating
Fitch Ratings on Thursday revised downward its rating outlook for India to negative from stable while retaining its sovereign rating at the lowest investment grade of...
UN Rights Body To Hold Urgent Debate On Racism
The UN’s top rights body Monday agreed to a request from African countries to urgently debate racism and police brutality this week following unrest in...
MG Motor Begins Car Subscription Program With Myles
A partnership that was announced in 2019 has finally taken shape as the country gets ready to adjust to the new normal amid the Coronavirus pandemic....
Indian Navy to Repatriate Fishermen Stranded in Iran
Having bought back some 3,000 Indian nationals stranded in Sri Lanka and the Maldives, the Indian Navy on Monday embarked on a new mission to repatriate about...
PNB Lowers Rates on Savings Account Deposits by 50 bps
Following industry peers, Punjab National Bank (PNB) on Wednesday announced to lower interest rate on savings account deposits by 0.50 percentage point, effective July 1. For deposits...
Gold Prices Fall Again After Slumping Rs 600 Per 10 Gram
Gold prices in India fell today, extending sharp losses of the previous session. On MCX, August gold futures fell 0.2 per cent to Rs 46,470 per 10...
Oil Prices Fall as US Fuel Demand Remains Weak
Today, oil prices edged lower after US inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening US-China tensions weighed on...
Boeing Slashes 12,000 Jobs as Virus Seizes Travel Industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are...
Gold Prices Rise After Slumping Rs 700 per 10 Gram
Gold prices in India edged higher today after a tumble in the previous session. Renewed tension between the US and China hurt the global risk...