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Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...- CMR Green Technologies IPO allotment today: Check status online as GMP signals 34% listing premiumCMR Green IPO Allotment Status: CMR Green Technologies IPO investors are set to receive allotment updates on June 8 after the Rs 631 crore ...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- DICGC likely made large purchases at debt auctionThe Deposit Insurance and Credit Guarantee Corp (DICGC) is suspected to have made substantial purchases at a primary debt auction on Friday...
- Power utilities told to invoke bank guarantees, curtail supply to defaulting discomsThe directions – coming at a time when most states are already facing a fund crunch – could result in long hours of load shedding in severa...
- Hike in deposit insurance to pinch banksThe Rs 1 lakh limit for deposits insured was last changed in May 1993. The demand for the change in limits has gained momentum particularly...
- Govt preparing norms for credit enhancement fund to bolster infra bonds ratingsIn Budget 2015-16, FM Arun Jaitley had proposed setting up of a credit enhancement fund to help raise the ratings of bonds floated by infra...
- Oil firms supply fuel to SpiceJet on cash paymentSpiceJet had been put on cash-and-carry about 6 months back, which meant fuel will be supplied only if they pay for it, they said.
- Will supply fuel only on immediate payment: Oil companies to SpicejetWith troubled Spicejet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on immediate pay...
- No plans to offer fuel discounts to Air India: Oil MinistryThe government has no plans to offer discounts on jet fuel (ATF) sales to loss-making national carrier Air India.
- 'India needs a flexible credit insurance for SME prosperity'Trade credit insurance has proved to be an enabler of trade according to studies conducted by WTO as well as the Centre for European Policy...
- Air India owes Rs 4,064 crore in outstanding ATF to oil companiesAir India, the unprofitable state-owned carrier, owes Rs 2,393.79 crore to Indian Oil Corp (IOC), of which Rs 1,698.79 crore is overdue pay...
- S&P downgrades rating for several US government-linked entitiesThe global rating agency major said it has lowered its credit ratings on 10 out of the 12 Federal Home Loan Banks (FHLBs) in the country.
- Kingfisher Airlines agrees to clear HPCL dues by July-endKingfisher Airlines has agreed to pay all its dues to Hindustan Petroleum Corp (HPCL) by July 31, after the government directed the state-r...
- Kingfisher pays 40% of overdue fuel bill to HPCLUnder pressure from Hindustan Petroleum Corp Ltd, Kingfisher Airlines has repaid 40 per cent of its overdue fuel bill and has agreed to giv...
- IOC encashes Rs 50 cr bank guaranteeState-run Indian Oil Corp (IOC) has encashed a Rs 50 crore bank guarantee after a cheque issued by Kingfisher Airlines towards fuel dues bo...
- 2 corporate credit unions taken over by governmentFederal regulators on Friday seized control of two large institutions that provide wholesale financing for US credit unions, a move they sa...
- Trade with India to jump to $100 mn in 3 years: CubaThe trade between India and Cuba is likely to touch $100 million over the next three years.
- US may guarantee nearly $2 trillion for banksThat's the equivalent of about 20% of the national debt, which recently blew past $10 tn, and roughly 14% of US GDP. Financial rescue plans...
- PFC, US Exim bank in project finance pactPower Finance Corporation has signed a memorandum of understanding with Exim Bank of US.
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