UK grants equivalence to RBI authorised clearing houses"This is because the RBI requires CCPs it designates as an FMI to comply with the PFMIs (Principles on Financial Market Infrastructures). A...
23 Jun, 2023, 05.54 AM IST
India, UK to collaborate on green bonds, pension fund reformsBoth sides discussed effective regulation of ESG rating providers. They explored the scope to leverage asset management industries in favou...
20 Apr, 2023, 06.29 AM IST
BoE and Treasury think UK is 'likely' to need digital currency -Telegraph"On the basis of our work to date, the Bank of England and HM Treasury judge that it is likely a digital pound will be needed in the future...
05 Feb, 2023, 12.22 AM IST
Wipro wins multi-year integration deal from HM TreasuryThe service will enable integration of IT services across suppliers and partners, enhancing the user experience across HM Treasury and othe...
18 Aug, 2022, 10.14 PM IST
Britain now has the most 'desi' Cabinet in its historyIndian-origin Priti Patel made history after she was given the prestigious job of home secretary. Agra-born Alok Sharma MP, has been given ...
25 Jul, 2019, 08.54 AM IST
European stocks gain weight on trade optimismThe pan-European index is still on course for its best quarterly performance in four years.
29 Mar, 2019, 03.21 PM IST
- British regulator fines RBS bank 5.6 million pounds
The British regulator said on Tuesday that it had fined the state-controlled Royal Bank of Scotland 5.6 mn pounds for lax money laundering ...
03 Aug, 2010, 04.13 PM IST
- IT cos rule out UK cost-curb fears
India's outsourcing industry is hopeful that the new UK govt's plans to cut spending will not affect ongoing projects. Tory plan to limit n...
13 May, 2010, 07.00 AM IST
- UK tax dept taps Capgemini to bring down costs
UK’s tax authority, HM Revenue & Customs, is set to start an offshore outsourcing pilot in India with technology vendor Capgemini to reduce...
31 Mar, 2010, 01.45 AM IST
- UK tax authority begins offshore outsourcing pilot in India
This offshoring pilot is launched to reduce operational costs and explore ways to do more with its annual IT budget. Latest buzz in IT indu...
30 Mar, 2010, 06.01 AM IST
- IT deals under cloud as UK hits slow lane
As Britain plans to cut back on public sector spending, technology outsourcing contracts for ambitious social sector programmes, signed wit...
10 Dec, 2009, 01.13 AM IST
- Mega UK outsourcing deals come calling
At a time when protectionist lobbies are asking Obama govt to curb outsourcing, UK is seeking to bring down costs by outsourcing projects. ...
30 Apr, 2009, 03.20 AM IST
- RBS says British government owns 70.3% of group
Royal Bank of Scotland confirmed on Tuesday that the state now owns 70.3 percent of the struggling group after investors snubbed a sale of ...
07 Apr, 2009, 04.45 PM IST
- Barclays mulls sale of iShares unit, considers toxic asset scheme
Barclays bank said Monday it was in talks over the sale of its asset management business iShares and was negotiating with the British gover...
16 Mar, 2009, 01.58 PM IST
- Britain part-nationalises eight main banks in bailout
Britain's government Wednesday announced a part-nationalisation of the country's eight main banks as part of a package worth up to 875 bill...
08 Oct, 2008, 03.04 PM IST
- UK announces 200 bn pound lifeline to financial institutions
UK announced an assistance of over 200 bn pound to the financial institutions to ensure stability in the system and provide short-term liqu...
08 Oct, 2008, 02.52 PM IST
- Britain part-nationalises eight main banks in bailout
Britain announced a part-nationalisation of the country's eight main banks with a bailout worth up to 50 bn pounds.
08 Oct, 2008, 01.28 PM IST