India central bank allows banks to approve extension of offshore company’s debt Earlier banks had to seek approval of the central bank before restructuring any such offshore borrowings. Any extension of tenure, or conversion of unpaid ECBs into equity will be subject to consent of other lenders to the same borrower, the RBI said. International […]
Jio is a commitment of Rs 2,50,000 crore, set to tap the consumption wave in India: Mukesh Ambani MUMBAI: Mukesh Ambani on Monday called his encounter with incumbents over the points of interconnect “ragging” of a new comer, which both he and his company were willing to bear but not at the cost of “millions […]
India-Russia defence deals: Six things India got from old friend Russia Prime Minister Narendra Modi called out to India’s “old friend” Russia in a joint address at the sidelines of the BRICS Summit before holding wide-ranging talks with Russian President Vladimir Putin, which covered the entire expanse of bilateral engagement. The engagement witnessed 16 agreements […]
In the First, Bank deposits cross Rs 100 lakh crore According to the data released by the RBI ,India’ banking system reported total deposits of Rs 100 lakh crore for the first time ever in September month of this year. With demand deposits crossing Rs10 lakh crore and time deposits crossing the Rs 90 lakh […]
Current Affairs 16 October 2016 17th India-Russia Annual Summit to be held in Goa The 17th India-Russia Annual Summit will be held in Goa. Prime Minister Narendra Modi and Russian President Vladimir Putin will review the entire gamut of India-Russia relations during their bilateral talks. The focus will […]
Current Affairs 15 October 2016 Bank of Baroda appoints P V Sindhu and K Srikanth as Brand ambassadors Public sector bank Bank of Baroda (BOB) has signed a three-year principal sponsorship contract with badminton Olympians P V Sindhu and K Srikanth. Bank of Baroda logo will appear on the center chest of the two athletes’ […]
Current Affairs: 14 October 2016 Bob Dylan wins 2016 Nobel Prize for Literature US musician and poet Bob Dylan (75-year) has won the 2016 Nobel Prize in Literature for “having created new poetic expressions within the great American song tradition,”. The Nobel Prize is one of the world’s most prestigious and financially generous awards, comes […]
Current Affairs: 13 October 2016 First BRICS Trade Fair & Exhibition begins in Delhi Three-day first RICS Trade Fair and Exhibition begins in Delhi. The fair will be a platform for the BRICS (Brazil, Russia, India, China and South […]
Current Affairs: 12 October 2016 Virat Kohli presented with ICC Test Championship mace Indian captain Virat Kohli was presented with the ICC Test Championship mace for leading his team to the top of the Test Team Rankings. The mace was presented by former India captain and ICC Cricket Hall of Famer Sunil Gavaskar at a […]
Current Affairs: 11 October 2016 Oliver Hart and Bengt Holmstrom win 2016 Nobel Prize in Economics Oliver Hart (British-born) and Bengt Holmstrom (Finland) have won the Nobel Memorial Prize in Economic Sciences for their contributions to contract theory, shedding light on how contracts help people deal with conflicting interests. Both of them will share 8 […]
