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March 9, 2020 2:36 PM
The Reserve Bank of India (RBI) has assured depositors that there is no concern regarding the safety of their deposits in any bank. The Reserve Bank of India said in a tweet yesterday that as Yes bank's financial matter came up, a concern raised in certain sections of media about the safety...
March 9, 2020 2:19 PM
Equity markets collapsed today as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering and wiping hundreds of billions off valuations. While governments and central banks have unleashed or prepared t...
March 9, 2020 12:54 PM
Stock markets in the energy-rich Gulf states nosedived at the start of trading today after oil prices crashed amid a price war in the global market. Kuwait's Premier index tumbled 9.5 per cent and trading was suspended, while Dubai Financial Market dropped 9.0 per cent and Abu Dhabi Securit...
March 9, 2020 8:15 AM
The rapid spread of the deadly Novel Corona virus is expected to take a serious toll on foreign direct investments worldwide, with UN economists forecasting a drop of up to 15 percent. A fresh report from the United Nations Conference on Trade, Investment and Development (UNCTAD) warned that regardl...
March 8, 2020 9:16 PM
March 8, 2020 9:17 AM
March 7, 2020 8:26 AM
Finance Minister Nirmala Sitharaman has assured depositors of Yes Bank that their money is safe and said the RBI is working for an early resolution of the crisis. She said, restructuring plan given by RBI will be implemented in the next 30 days to safeguard the interest of depositors. Briefing medi...
March 6, 2020 2:25 PM
Chief Economic Adviser Krishnamurthy Subramanian has said that all options are under consideration for restructuring Yes Bank and assured that depositors' money is safe. Talking to reporters in New Delhi today, he said, government and the RBI are working together for the best possible sol...
March 6, 2020 8:27 AM
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