STOCKHOLM – Heavy reliance on debt financing and slow economic growth are leading to the creation of debt bubbles which risk destabilising the entire financial system should a major shock occur, bond bankers and investors warned at a conference on Thursday. They were in Stockholm for the annual […]
YANGON – Aid groups and human rights advocates have warned the World Bank that a $100 million development project it is planning for Myanmar’s conflict-riven Rakhine State could worsen tension there. The World Bank last week published the first details of a proposal to fund cash-for-work programmes, and […]
Thane, May 17: A special MCOCA court here Friday acquitted nine people accused of murdering a man in 2012. A total of 12 persons were accused of killing Haris alias Bittu Sultan Shah (25) in February 2012 in a room in Kalyan’s Bail Bazar area and then burning the […]
Mumbai, May 16: The Bombay High Court has quashed and set aside the conviction of a 19-year-old man in a rape case, holding that only the testimony of the victim cannot always be considered as adequate evidence. A single bench presided over by Justice Revati Mohite-Dere held that the […]
New Delhi, May 17: Shares of Bajaj Finance registered gains for the second straight day Friday, rising 6 per cent, after the company reported 50 per cent jump in net profit for March 2019 quarter. The scrip gained 6.09 per cent to close at Rs 3,301.20 on the BSE. […]
New Delhi, May 17: Qatar Airways, which has sought additional seat capacity on temporary basis for its flights from Indian cities to Doha, has said it will “seriously” consider any proposal for partnership from Indian carriers. The blockade on Qatar and withdrawal of 28 weekly between Doha and cities […]
New York, May 17: Boeing said Thursday that it completed its software update on the 737 MAX after two deadly crashes resulted in a global grounding of the aircraft. The proposed fix, which addresses a problem with a flight handling system thought to be a factor in both crashes, […]
Mumbai, May 17: The BSE Sensex soared 537 points and the NSE Nifty reclaimed the 11,400 level Friday in a broad-based rally led by banking and auto stocks ahead of exit poll results, despite global headwinds. The 30-share BSE benchmark closed 537.29 points, or 1.44 per cent, higher at […]
New Delhi, May 17: He has not said it in as many words but reserve opener KL Rahul dropped enough hints that he could seamlessly settle into the key number four position, a conundrum the Indian team is carrying into the World Cup. Despite much debate and discussion around […]
Mumbai, May 17: Oscar-nominated filmmaker Shekhar Kapur and veteran Bollywood actor Anil Kapoor have teased that they are working together on something super exciting , 31 years after the release of cult classic Mr. India . The filmmaker took to Twitter to tease their new project. Discusssing the […]
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