NEW DELHI/MUMBAI – India laid out a rescue plan for Yes Bank (YESB.NS) on Friday under which the State Bank of India (SBI) (SBI.NS) will take a 49% stake in the troubled lender, which is struggling with bad loans. Indian Finance Minister Nirmala Sitharaman said the restructuring plan […]
NEW DELHI – Bhutan said on Friday it would bar arriving tourists for two weeks after confirming its first case of the coronavirus, a tourist who spent several weeks in neighbouring India. The tiny Himalayan kingdom, which is heavily reliant on high-end tourism for foreign exchange, said a […]
BENGALURU/MUMBAI/NEW DELHI – Shares in India’s Yes Bank (YESB.NS) plunged on Friday as panicky depositors rushed to withdraw funds and payment partners faced outages after the banking regulator took control of the lender in a late-night move and limited withdrawals. The shock move by the Reserve Bank of […]
open view news desk The Vice President of India, Shri M. Venkaiah Naidu, today said that India is on move and every stakeholder should contribute towards the progress of the nation. Speaking at the The Hindu BusinessLine Change maker Awards 2020 in New Delhi today, the Vice President […]
open view news desk Indian Railways is conducting a ten day long campaign from 01st March to 10th March, 2020 in view of forthcoming International Women’s Day across the Zonal Railways. The theme of the Campaign is #EachforEqual signifying that collectively each one of us can help create a Gender […]
TOKYO — Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan’s benchmark Nikkei dived 3.1% to 20,663.32. Australia’s S&P/ASX 200 lost 2.1% to 6,259.20. South Korea’s Kospi dropped 2.3% to 2,037.08. Hong Kong’s Hang Seng declined 2.1% to 26,213.51, while the […]
President Donald Trump with Vice President Mike Pence, speaks during a coronavirus briefing with Airline CEOs in the Roosevelt Room of the White House, Wednesday, March 4, 2020, in Washington. (AP Photo/Manuel Balce Ceneta) WASHINGTON — President Donald Trump is expected to sign an $8.3 billion measure on […]
BEIRUT — Idlib’s skies were completely free of Russian and Syrian government warplanes for the first time in weeks Friday, and residents reported a relative but tense calm as a cease-fire deal brokered by Turkey and Russia took hold in Syria’s northwestern province. The truce halted a terrifying […]
BANGKOK — The number of people infected with the new virus charged toward 100,000 Friday, with the global scare upending routines, threatening livelihoods and prompting quarantines in its spread. Asian and European shares were down following a rough day on Wall Street and the consequences of COVID-19, the disease […]
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