Finance

by | August 31, 2019 | 21:37

The government has injected roughly $36 billion rupees of taxpayers' money into state-run banks over the last five years to revive the sector. The top six will now have 82% of the lending business in public sector banking and 52% in commercial sector lending.

by | August 31, 2019 | 14:58

President Donald Trump showed little sign that he's going to back down from new tariffs on more than $110 billion in Chinese imports set to take effect Sunday, blaming American companies for their inability to deal with a trade policy he said is aimed at reining in "unfair players".

by | August 31, 2019 | 14:23

In contrast to the opinion of many that the planet is too many people, I believe that this is an outdated opinion. Musk has long warned of the dangers of AI and the possibility of an intelligence explosion, in which computers quickly develop intellect that far exceeds human capability.

by | August 31, 2019 | 13:56

The bank reported a capital adequacy ratio of 9.77 percent at the end of the first quarter. Sitharaman also announced an infusion of Rs 55,250 crore into these 10 banks. With these mergers, Sitharaman says that banks will be able to unlock their potential. She also said liquidity support to NBFCs and housing finance companies has improved as the partial credit guarantee scheme has been executed.

by | August 31, 2019 | 10:04

And according to people familiar with the court hearings, Craig as ruled by the judge, will not be able to oppose the order , nonetheless, an appeal is still possible. The judge didn't end the case, ruling that Wright can still fight the lawsuit , arguing the statute of limitations had expired or that there was an unreasonable delay in seeking a remedy.

by | August 31, 2019 | 06:25

Worryingly, six out of the eight broad indicators used in GDP measurement sulked in June quarter over a year ago with manufacturing witnessing the lowest growth at 0.6 per cent, just a few notches away from slipping into the negative territory.

by | August 31, 2019 | 05:39

The approach of Hurricane Dorian toward Florida also raised fears that offshore USA crude producers may slow output if the storm passes into the Gulf of Mexico over the weekend, analysts said. Oil headed for its biggest weekly gain since mid-July after a sizable drop in American crude inventories and an apparent pause in U.S. October Brent crude BRNV19, -0.52%, the global benchmark, settled at $61.08 a barrel on ICE Futures Europe, up 59 cents, or 1%, ahead of the contract's expiration at the ...

by | August 31, 2019 | 02:59

Customs and Border Protection has replaced existing barriers that were deteriorating along the southern border, but as of August, no new miles have been constructed. He tweeted: "Another totally Fake story in the Amazon Washington Post (lobbyist) which states that if my Aides broke the law to build the Wall (which is going up rapidly), I would give them a Pardon".

by | August 31, 2019 | 02:33

Countless time wasted driving to and from Popeyes . He says he drove around to several locations only to be told at each of them there was no chicken sandwich available. I can't think straight . In fact, Popeyes aggressively forecasted demand through the end of September and has already sold through that inventory.

by | August 31, 2019 | 01:41

Similarly, Indian Bank and Allahabad Bank will become one entity. But in an effort to ease the liquidity crunch that has dogged Asia's third-largest economy, the government also announced the merger of 10 public-sector banks into four new lenders.

by | August 30, 2019 | 15:49

In others, the cooktop users reported items that had been left on or near the appliances were either damaged or caught fire. If you own a Whirlpool, KitchenAid or JennAir glass cooktop with touch controls you'll want to check and see if it's being recalled .

by | August 30, 2019 | 15:41

Following with the investment, both Japanese car-makers confirmed that the new alliance has been created to overcome new challenges facing the industry by "building and deepening cooperative relationships in new fields while continuing to be competitors".

by | August 30, 2019 | 12:27

The hype surrounding Monday's release of Popeyes' entry into the chicken sandwich wars locally has driven lines into the streets with customers seeking to get a bite. Yes, it's true. At least according to Popeyes' official Twitter account . Popeyes first introduced the sandwich on Twitter, sharing a photo of it alongside a vivid description.

by | August 30, 2019 | 12:20

He later described the talks as "more meaningful than at any time", while China's top negotiator called for calm and said he opposed any escalation in the stand-off. Trump also later announced that the USA would increase existing tariffs on $250 billion in Chinese goods to 30% from 25%, and that new tariffs on another $300 billion of imports would be 15% instead of 10%.

by | August 30, 2019 | 12:03

The indictment states that Levandowski took 14,000 files related to light sensors, or LiDAR , from Google , put them on his personal laptop, and brought them to Uber . For years, Levandowski has been at the center of a fight between Uber and Google after the search giant accused him or stealing technology. Prosecutors are accusing Levandowski of stealing material in 2015 and 2016 relating to Waymo's self-driving vehicle technology and are alleging the stolen material included ...

by | August 30, 2019 | 10:48

But British lawmakers have rejected the Withdrawal Agreement three times with Brexiteer MPs blaming the backstop, which they argue would split up the United Kingdom as Northern Ireland would remain in the EU's customs union. "We can never sign an agreement with that approach, we've always said if there is to be a no-deal Brexit, it will be the choice of a British prime minister and British government that will make that happen".

by | August 30, 2019 | 10:30

According to the fast-food restaurant, the new vegan version is "still finger lickin' good", Independent reported . The news demonstrates the intensity of the race to implement meat alternatives, coming on the heels of Tim Horton's nationwide launch of Beyond Meat breakfast sandwiches across Canada in June, and Beyond Meat burgers in July.

by | August 30, 2019 | 10:20

Citing another unnamed source, Forbes said that China's central bank plans to launch the cryptocurrency this November, and it hopes that the new digital coin will eventually be made available in the USA and other parts of the world, but "that won't happen right away".

by | August 30, 2019 | 08:17

The inverted yield curve and subsequent recession worries have contributed to the stock market volatility so far in August, with the S&P 500 ( ^GSPC ) down 3.5% from its July 26 record closing high. At one point it climbed as high as 1.54%. Among commodities, spot gold dropped 0.4 percent to $1,536.45 an ounce, though not far off its six-year peak touched on Monday.

by | August 29, 2019 | 20:25

A report from the South China Morning Post said the store was forced to close just hours after it opened after local police ordered the suspension of business as it became increasingly hard to control the crowds. "I will drive to experience the new store with my family next weekend", said Liu Zheng, living in Hangzhou, capital of east China's Zhejiang Province, which is more than 170 km from Shanghai.

by | August 29, 2019 | 19:38

Google may have had to create a cheaper version of the Pixel 3 to increase sales, but the Pixel 4 is going to compete against all the other high-end phones of the year, from the Galaxy S10 to the iPhone 11. As the United States government's trade war with China continues to worsen thanks to often poor understanding of free trade and economic results companies are beginning to look at moving production out of China and into countries not affected by the Trump-issued tariffs.

by | August 27, 2019 | 06:19

In doing so, the RBI's central board has agreed to accept all the recommendations of the Bimal Jalan committee, which was set up in December 2018 to re-evaluate the central bank's economic capital framework (ECF ). "This risk provisioning made primarily from retained earnings is cumulatively referred to as the Contingent Risk Buffer (CRB) and has been recommended to be maintained within a range of 6.5% to 5.5% of the RBI's balance sheet", the RBI statement said.

by | August 27, 2019 | 00:00

For now, KFC is only testing the new Beyond Fried Chicken at one location in Atlanta. "If you would have asked me six months ago, I would have said no, to be completely honest with you", he said at the time . The move makes KFC the first chicken chain to jump on the plant-based trend, leading the way for competitors like Chick-fil-A and Popeyes - the latter of which only just introduced its first-ever fried chicken sandwich.

by | August 26, 2019 | 13:31

Asked if the other leaders had criticised the massive trade struggle, he said "no, not at all". Trump declined to comment when asked whether he was aware of Zarif's presence in Biarritz . The diplomat said France and the United States share the same interests: preventing a nuclear-armed Iran. "We will do our own outreach, but I can't stop people from talking".

by | August 26, 2019 | 12:43

This week, oil prices hadn't moved too much in either direction as the American Petroleum Institute (API) reported on Tuesday a crude oil inventory draw of 3.45 million barrels for the week ending Aug 15, compared to analyst expectations of a 1.889-million barrel draw, but it failed to move oil much higher.