शनिवार, फ़रवरी 27, 2021

Banking

    Insurance firms adapt to challenges posed by Covid: Irdai chief

    Khuntia was speaking at the National Insurance Academy and Swiss Re seminar on `Navigating uncertainty: Insight Driven Innovation'.Insurance Regulatory Authority of India (Irdai) chairman SC Khuntia on Friday said the insurance industry had been able to adapt to...
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    RHFL defaults on around Rs 100-cr repayments in December

    The total borrowings from banks and financial institutions stood at Rs 4,280 crore as on January 29, 2021.Reliance Home Finance (RHFL) has defaulted on repayments of around Rs 100 crore to lenders for December 2020, according to different...
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    UK seeks G7 consensus on digital competition after Facebook blackout

    By Michael Nienaber and Andrea Shalal BERLIN/WASHINGTON/ROME (Reuters) – The world’s financial leaders are expected on Friday to agree to continue supportive measures for the global economy and look to boost the International Monetary Fund’s resources so it can...
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    Britain to offer fast-track visas to bolster fintechs after Brexit

    By Huw Jones LONDON (Reuters) – Britain said on Friday it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition...
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    GameStop rally fizzles; shares still on pace for 130% weekly gain

    By Herbert Lash NEW YORK (Reuters) – Global equity markets swooned on Friday, even as the Nasdaq and S&P 500 tried to recover and the bond rout eased a bit, but fears of rising inflation still weighed on sentiment...
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    Oil drops on dollar strength and OPEC+ supply expectations

    By Jessica Resnick-Ault NEW YORK (Reuters) – Oil prices fell on Friday as the U.S. dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels. Brent crude futures for April, which expire...
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    Stocks try to recover from bond whiplash, dollar gains

    By Herbert Lash NEW YORK (Reuters) – Global equity markets swooned on Friday, even as the Nasdaq and S&P 500 tried to recover and the bond rout eased a bit, but fears of rising inflation still weighed on sentiment...
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    South Indian Bank gets board nod to raise Rs 204 cr

    The lender said that up to 28,30,18,867 equity shares of face value of Rs 1 each at an issue price of Rs 8.48 each will be issued to the insurance firms, subject to the approval of the shareholders...
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    European shares drop as high yields spark profit taking in tech, resources

    By Shashank Nayar and Ambar Warrick (Reuters) – European stocks closed lower on Friday, ending three weeks of gains as investors booked profits in technology and commodity-linked shares due to concerns over rising inflation and interest rates on the...
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    FTSE 100 slips as bond rout hits global equities

    By Dhara Ranasinghe LONDON (Reuters) – From the United States to Germany and Australia, government borrowing costs on Friday were set to end February with their biggest monthly rises in years as expectations for a post-pandemic ignition of inflation...
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    Khargone: Police book two for ‘Love Jihad’, girls rescued from Jaam Gate

    Mandleshwar (Khargone district, Madhya Pradesh): Acting on the complaint lodged by members of Hindu Jagran Manch, the police...
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    Sitaram Kunte appointed as new Chief Secretary of Maharashtra

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