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INDEFINITE ASSET FREEZE
EU's Ukraine funding deal keeps Kyiv in fight, Russian assets in deep freezeEuropean Union leaders have secured a 90 billion euro loan for Ukraine. This financial package will support Kyiv for the next two years. Th...
Russia seeks $230 billion in damages from Euroclear over seized assetsThe European Union wants to tap part of the roughly 210 billion euros worth of Russian central bank assets frozen in Europe after Moscow in...
US lawmakers press Secretary Rubio to enforce visa bans, asset freezes on Pakistani officialsDozens of U.S. lawmakers are demanding sanctions against senior Pakistani officials for transnational repression and human rights abuses. T...
'We hope war will be settled': Trump calls sanctions on Russian oil companies 'tremendous'America has imposed new sanctions on Russia's top oil firms, Rosneft and Lukoil. This move aims to pressure Moscow to cease its actions in ...
Gold fever: Will central banks keep driving the golden surge?Central banks' increasing appetite for gold is significantly influencing its surge, driven by diversification from the dollar, inflation he...
Donald Trump’s administration sends news broadcast employees on administrative leaveUS President Donald Trump last week signed an executive order directing Voice of America and other federal offices to be eliminated to the ...
China gets ultimatum to lift 'technical' hold on Masood AzharThe proposers of the resolution to ban Azhar - US, UK and France have asked China to lift its "technical" hold on the ban.
The exodus: Major exits banking sector saw in 2018ICICI Bank CEO Chanda Kochhar bid goodbye in October to the bank, her second home for three decades, following a probe that did not end qui...
Grounds to regard Mallya a 'fugitive from justice': UK High CourtThe judge took note of the fact that the 62-year-old businessman is contesting his extradition to India relating to "alleged financial misc...
Sahara seeks indefinite bail for Subrata Roy, deposits Rs 200 crore in SCThe Sahara Group deposited Rs 200 crore as per SC orders and requested it to indefinitely extend the bail granted to Subrata Roy and direct...
Low interest rates can address the NPA issue: Raj Bhatt, CEO of Elara CapitalRaj Bhatt believes the financial environment is risk averse with large investors chasing ‘return of capital’ rather than ‘return on capital...
Government to take all steps to bring Vijay Mallya back; banks draw up plans to recover duesThe government will take all steps, including seeking extradition if required, to bring Mallya back, said a senior finance ministry officia...
Batelco to seek $212 mn from former bankrupt partner C SivasankaranBahrain's telecom firm Batelco has said it will continue to seek USD 212 million from its former partner C Sivasankaran
United Bank of India's failing health to test banks' capital plansIts capital adequacy ratio at the end of the December was at 9.01% under Basel III, a tad above the 9% fixed by RBI.- Our Bureau.
- Lok Sabha passes NIA, UAPA amendment bills
The bills, passed barely two days after the Cabinet approved the two proposals, is expected to provide investigators and prosecution with m...
- Bail to be tougher under new UAPA
The Unlawful Activities (Prevention ) Amendment Bill, 2008, introduced in the Lok Sabha on Tuesday, has raised the limit of detention for a...
- Exxon to freeze $12 bn Venezuelan assets
Exxon Mobil has won court orders freezing up to $12 billion in Venezuelan assets around the world as it fights for compensation for operati...