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S&P nears settlement over inflated ratings

On TV and in the courtroom, Standard & Poor’s has waged war against a US Justice Department lawsuit...



  • India
  • Standard & Poor's

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Fed’s solid growth view for US faces test amid Greek change

The Federal Reserve’s upgraded view that growth in the world's biggest economy is “solid”...




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The Great American Dream, still deferred

The housing market has shown signs of life recently. Prices have risen, mortgage rates are very attractive and construction...




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David Carr, Times critic and champion of media, dies at 58

David Carr, a writer who wriggled away from the demon of drug addiction to become an unlikely name-brand...




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Fed appears to hesitate on raising interest rate

Many officials are concerned that raising rates prematurely ‘might damp the apparent solid recovery’.




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Vivek Wadhwa, voice for women in Silicon Valley, is foiled by his tone

Silicon Valley has lately come to the realisation that it is not the meritocracy it has long pretended to be...




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How Swedish start-up Neo Technology helped crack the Panama Papers

Every start-up hopes for a lucky break. Swedish company Neo Technology only found out it was getting one the day the Panama Papers made headlines around the world.




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US H1B visa: Donald Trump move not to have immediate impact on India, says Nasscom

The President’s executive order directs the federal bureaucracy to enforce visa law more vigorously, and to study new ways to reform and restrict the H-1B system.




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Minor planet named after Bengaluru student; here’s how names of planets are decided

A minor planet has been named after a Bengaluru student. What are the rules behind such nomenclature?




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The digital workspace has arrived?

Employees no longer need to be working at the desk to stay productive: Microsoft.




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Google urged to scrub personal details from Toronto digital city

The proposed city been embroiled in controversy from the start over how data from smartphones, sensors and the like, will be used.




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China-backed Asia trade deal pushed back to 2019

Asian nations gave up hopes of completing a 16-nation trade bloc this year, with Chinese and Australian officials now looking to finalise the deal in 2019.




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Ivanka Trump ‘used’ personal e-mail for official White House business

Ivanka Trump, the president’s daughter and a top White House adviser, sent hundreds of e-mails about government business from a personal e-mail account last year, The Washington Post reported on Monday.




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China building $9-billion Beidou to challenge American-owned GPS

On November 19, China launched two more Beidou machines, increasing the number in operation to over 40.




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Estimated 29% drop: Weak chip demand hits Samsung’s Q4 profit

Samsung Electronics surprised the market on Tuesday with an estimated 29% drop in quarterly profit, blaming weak chip demand in a rare commentary issued to ‘ease confusion’ among investors already fretting about a global tech slowdown.




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Federal Reserve may get less bang for the buck if it repeats 2016 rate pause

For the Federal Reserve, 2019 has started out looking a lot like 2016: The last time uncertainty over global growth roiled financial markets for months on end.




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Walmart, Google-backed Deliv end online grocery partnership

People familiar with the Walmart partnership with Deliv said the Deliv drivers had to frequently wait 40 minutes or more to collect grocery orders when they showed up at the store. One reason for that, they said, is because Walmart gives a priority to customers over delivery drivers during regular hours, which complicated the partnership.




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China could use medical data to blackmail Americans, report says

The two sides have been struggling with more than 100 issues raised by the United States in a lengthy statement given to Chinese officials in May




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Captain Marvel targeted by Online trolls, but Disney was ready for them

Executives and strategists try to keep their tactics under the radar, and Disney declined to provide an executive to comment on its tactics. But the studio’s answer to the online hate is there for all to see on the internet.




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ubi jus ibi remedium

Meaning where there is right there is remedy Pls elaborate its meaning with an example




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Medical leave

A person who is enrolled in State Government job he continued his service 6 yrs, unfortunately he met accident he need bed rest for two to three. is that such term leaves are available,or they terminated from service ,so please advise what to do next seeking your response




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what r the qualities r required for a lawyer ?

1)for a lawyer , typing and short hand is required or not?




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‘Bandhan Bank does not foresee much hiccups in microfinance collections once lockdown lifted’

Loans and advances grew 60% year-on-year during 2019-20, from Rs 44,776 crore in March 31, 2019. Its total deposits grew 32% y-o-y to Rs 57,073 crore during the fiscal ended March, 2020. The bank had total deposits of Rs 43,232 crore as at end of March 2019.




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Lockdown impact: 42% Indians have increased use of digital payments, says report

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.




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Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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Banking, insurance operations to continue during extended lockdown: Govt

Direct Benefit Transfer (DBT) to the poor and vulnerable section of society, hit hard by the coronavirus outbreak and the consequent lockdown, is providing financial support for sustaining during these difficult times.




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TARP or bad bank needed to help NBFCs, MFIs: Experts

Ananth Narayan, professor-finance at SPJIMR, believes that while TLTRO 2.0 is welcome, it does not address the core issue.




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HDFC Bank: Net up 18%, names for new CMD decided

The bank saw the fallout of the lockdown in the second half of March, with loan origination and cross-selling of other products slowing down, the management said.




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RBI measures for NBFCs unlikely to boost credit flow to broader economy: Moody’s

The RBI announced the liquidity facility under the TLTRO 2.0 window for NBFCs and MFIs after these institutions failed to get funding under the earlier TLTRO scheme announced late in March.




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Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 




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Loan moratorium may haunt banks even after getting lifted; Moody’s explains post moratorium credit landscape

The loan moratorium, as suggested by the Reserve Bank of India (RBI) last month and subsequently implemented by various lenders across the country, might be able to provide some temporary relief for now but could also play a hand in changing the credit landscape of the banking sector.




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COVID-19 effect: Most applied for moratorium out of caution, not stress, says HDFC Bank

The percentage of applicants is in low single digit as a share of the loan book, the bank said, but this could go up as it has not put a deadline or a cut-off for people to apply.




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ICICI Bank confirms $100-m exposure to troubled Singapore oil firm Hin Leong Trading

The regulatory norms with respect to provisioning and asset recognition are uniform for Indian banks’ domestic and foreign exposures.




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COVID-19 emergency credit: SBI disburses Rs 1,000 crore, Bank of Baroda Rs 606 crore

Experts say more borrowers are likely to line up for emergency credit from banks as many businesses will be hit by the slump in demand and zero footfall in the market in the wake of the pandemic.




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Bank advances grow 7.2%, deposits rise 9.45% in fortnight ended April 10

In the fiscal ended March 31, 2020, bank loans had decelerated to 6.14 per cent, a near five-decade low, due to slower economic growth, lower demand and as banks remained risk averse.




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Top 50 wilful defaulters caused write-offs worth Rs 68,600 crore: RBI

In a response to an RTI filed by Saket Gokhale, the central bank declined to offer names of wilful defaulters as on February 16, 2020, stating that this data is not available.




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TLTRO 2.0 needs to be open-ended and on-tap with change in structure

“Keeping it open-ended and on-tap would be a better idea than conducting the operation on a pre-decided date. Banks should get enough leeway in deciding how much they want to borrow and when to borrow,” said an expert.




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RBI extends curbs on Mumbai-based Co-operative bank for 6 months

The Reserve Bank in October 2018 had barred the bank from granting or renewing any loan for six months and later extended the curbs twice.




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RBI corpus for MFs: Rs 4,000 crore borrowed by banks

The window was announced after the markets were roiled by news, last Thursday, of Franklin Templeton MF winding up six of its debt funds amid mounting redemptions. It will remain open till May 11.




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Around 95% of MSMEs availed moratorium: Bank of Baroda

The RBI had earlier extended the deadline for one-time debt restructuring of MSMEs from March 31, 2020, to December 31, 2020.




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RBI Governor meets heads of banks; discusses loan moratorium, post-lockdown credit flows

Implementation of three months moratorium on repayment of loan instalments announced by the RBI was also reviewed during the meeting.




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RBI cancels CKP Co-operative Bank’s licence; ‘depositors entitled to repayment of 5 lakh only’

The RBI, in a press release, said 'financial position of the bank is highly adverse and unsustainable'.




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Bank of Baroda disburses Rs 2,300 crore to MSMEs under emergency credit line facility

The state-owned bank launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.




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Delhi HC allows HDFC Bank to deduct Indiabulls’ loan installment from fixed deposit

Delhi high court, in an interim order on May 1, has allowed HDFC Bank to deduct a Rs 90-crore loan installment from Indiabulls' fixed deposit which it holds as security.




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AU Small Fin Bank Rating: Target price to be revised after earnings call

AU Small Finance Bank (SFB) reported an increase of 3.5% year-on-year in PAT to Rs 120 crore (our estimate: Rs 180 crore), affected by higher provisions of Rs 150 crore.




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State-owned bank NPAs may rise in FY21, govt’s fiscal deficit to widen: Bank of America

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.




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No takers for Covid-special credit lines, banks park record Rs 8.4 lakh crore with RBI

Having come up with emergency credit lines to help businesses weather the Covid storm, banks are seeing little demand for fresh credit at this stage.




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Yes Bank case: ED files charge sheet against bank co-founder Rana Kapoor

Kapoor, former MD and CEO of Yes Bank, was arrested by the ED on March 8 under the Prevention of Money Laundering Act (PMLA). He is accused of sanctioning loans to certain firms against kickbacks.




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Yes Bank creates stressed asset management vertical to resolve NPA accounts

This will lead to the share of retail and small business loans to grow to a level of 60 per cent in the next two years from the current 44 per cent, he said.




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Stressed assets: Lenders may create bad bank, says SBI chief

In an interview with CNBC TV18, Kumar said the time is right to set up a structure, along the lines of a bad bank, given there are adequate provisions for existing non-performing assets (NPAs).