solvency

SBI wants CRR phased out for ‘more efficient’ banking (Lead)


August 23rd, 2012 - 10:38 pm ICT by IANS
Kolkata, Aug 23 (IANS) The country's largest public sector lender, the State Bank of India (SBI) has strongly proposed phasing out of Cash Reserve Ratio (CRR) to make ithe ... Read more...

Posted in Business |

RBI cuts SLR by 1 percent


July 31st, 2012 - 5:24 pm ICT by IANS
New Delhi, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday announced a reduction in the statutory liquidity ratio (SLR) from 24 percent to 23 percent with effect from ... Read more...

Posted in Business |

Reliance Life Insurance to have accounting profit this fiscal


February 7th, 2012 - 9:42 pm ICT by IANS
Kolkata, Feb 7 (IANS) Reliance Life Insurance, a part of Reliance Capital, is expected to register its first year of accounting profit this financial year, a top executive of the ... Read more...

Posted in Business |

IMF chief calls for eurobonds to combat crisis


January 24th, 2012 - 2:40 pm ICT by IANS
Berlin, Jan 24 (IANS) International Monetary Fund (IMF) chief Christine Lagarde Monday called for a bigger rescue fund in the 17-member eurozone and the creation of the eurobonds in order ... Read more...

Posted in Business |

Spanish Olympic Chief: Why we need 2020 Games


November 29th, 2011 - 9:42 pm ICT by IANS
Madrid, Nov 29 (IANS) Alejandro Blanco, the president of the Spanish Olympic Committee and the man who will head the campaign to take the 2020 Games to Madrid, has highlighted ... Read more...

Posted in Sports |

Europe must find solution to its debt crisis: Pranab


October 17th, 2011 - 9:47 pm ICT by IANS
New Delhi, Oct 17 (IANS) Finance Minister Pranab Mukherjee said Monday that Europe will have to find its own solutions to the sovereign debt crisis that some countries ... Read more...

Posted in Business |

World population to hit 9bn in 2050 - true or false?


February 21st, 2011 - 1:18 pm ICT by ANI
Washington, Feb 21 (ANI): The United Nations has predicted that the Earth's population will reach seven billion this year, and climb to nine billion by 2050, peak at 9.5 billion, stabilize temporarily, ... Read more...

Posted in Health Science |

Draft norms for merger of non-life insurers announced


February 10th, 2011 - 12:16 am ICT by IANS
Chennai, Feb 9 (IANS) The Insurance Regulatory and Development Authority (IRDA) Wednesday announced the draft norms for amalgamation of general or non-life insurance companies.According to the IRDA, the draft norms were necessitated ... Read more...

Posted in Business |

Chelsea to meet Uefa’s 2013 ’solvency eligibility’ rules despite 70.9 million pounds loss


February 1st, 2011 - 3:59 pm ICT by ANI
London, Feb 1 (ANI): After announcing huge losses of 70.9 million pounds despite winning the Double last season, Chelsea has announced that it is on course to meet the Uefa Financial Fair ... Read more...

Posted in Sports |

US’ worst fears realised as Pak Govt stalls economic reforms to stay in power


January 8th, 2011 - 12:30 pm ICT by ANI
Islamabad, Jan 8 (ANI): Pakistan's governing party has patched its coalition government back together at a steep price that officials in Washington had feared: the collapse of the reforms critical to stabilising ... Read more...

Posted in South Asia |

ING Vysya Life to raise equity base by Rs.227 crore


August 24th, 2010 - 5:41 pm ICT by IANS
Chennai, Aug 24 (IANS) Bangalore-based ING Vysya Life Insurance Company will increase its equity base by Rs.227 crore this fiscal and is awaiting the sectoral regulator's sanction for four new products, a ... Read more...

Posted in Business |

Spain plans $23 bn investment in rail, road projects


April 8th, 2010 - 4:29 pm ICT by IANS
Madrid, April 8 (IANS/EFE) The Spanish government plans to launch transportation projects valued at 17 billion euros ($22.7 billion) over the course of this year and 2011, Prime Minister Jose Luis Rodriguez ... Read more...

Posted in Business |

Portsmouth offers ownership for one pound


February 14th, 2010 - 4:35 pm ICT by ANI
London, Feb 14(ANI): English football club Portsmouth could be flogged off for as little as one pound, the latest bizarre twist in their desperate fight for survival.Club's new owner Balram Chainrai is ... Read more...

Posted in Sports |

Spain solvent, nearing end of recession: PM


February 11th, 2010 - 12:51 pm ICT by IANS
Madrid, Feb 11 (IANS/EFE) Spanish Prime Minister Jose Luis Rodriguez Zapatero has said that Spain was "on the verge" of coming out of recession. He defended the solvency of the country's economy, ... Read more...

Posted in Business |

Future Generali Life to infuse Rs.150 crore additional capital


January 12th, 2010 - 9:51 pm ICT by IANS
Chennai/Kolkata, Jan 12 (IANS) Private life insurer Future Generali Life Insurance, which has an equity base of Rs.667 crore, plans to infuse another Rs.150 crore by March and partner with a sister ... Read more...

Posted in Business |

Banks’ non-performing assets up 26 percent


November 8th, 2009 - 11:23 am ICT by IANS
New Delhi, Nov 8 (IANS) The average non-performing assets (NPAs) of Indian banks during the second quarter this fiscal went up by 26 percent, says an industry lobby report. According to the report ... Read more...

Posted in Business |

Reliance Life looks for overseas partner, plans public issue


October 7th, 2009 - 5:56 pm ICT by IANS
By V. Jagannathan Chennai, Oct 7 (IANS) After operating without an overseas partner all these years, Anil Ambani group's Reliance Life Insurance is now looking out for an international strategic partner to hold ... Read more...

Posted in Business |

Jackson estate to pay for ‘extraordinary’ burial costs


September 3rd, 2009 - 9:46 am ICT by IANS
Los Angeles, Sep 3 (DPA) The estate of late pop king Michael Jackson has been asked to bear the costs of his planned funeral Thursday.The singer, who died in June from ... Read more...

Posted in World |

SP legislator denies assaulting Varanasi official (Lead, superseding earlier story)


August 4th, 2009 - 12:36 am ICT by IANS
Lucknow, Aug 3 (IANS) Haji Abdul Samad, a legislator of the opposition Samajwadi Party (SP) in Uttar Pradesh, Monday denied having assaulted Varanasi additional district magistrate (ADM) R.K.Singh and claimed the official ... Read more...

Posted in Politics |

BSP legislator denies assaulting Varanasi official


August 3rd, 2009 - 8:54 pm ICT by IANS
Lucknow, Aug 3 (IANS) Haji Abdul Samad, a legislator of the ruling Bahujan Samaj Party (BSP) in Uttar Pradesh, Monday denied having assaulted Varanasi additional district magistrate (ADM) R.K.Singh and claimed ... Read more...

Posted in Politics |

Absconding SP legislator’s property to be attached (Lead)


July 29th, 2009 - 4:51 pm ICT by IANS
Lucknow, July 29 (IANS) A court in Varanasi Wednesday issued orders to attach the property of Samajwadi Party (SP) legislator Abdul Samad Ansari, who is absconding after being accused of having assaulted ... Read more...

Posted in Politics |

SP legislator’s property to be attached


July 29th, 2009 - 2:29 pm ICT by IANS
Lucknow, July 29 (IANS) A court in Varanasi Wednesday issued orders to attach the property of Samajwadi Party (SP) legislator Abdul Samad Ansari, who is absconding after being accused of having assaulted ... Read more...

Posted in Uncategorized |

Financial crisis has moved ’strongly and rapidly’ to emerging economies: IMF


April 16th, 2009 - 10:48 pm ICT by IANS
By Arun Kumar Washington, April 16 (IANS) With the financial crises in advanced economies having passed "through strongly and rapidly" to emerging economies including India, the International Monetary Fund (IMF) Thursday called for ... Read more...

Posted in Business |

Pakistan has become ground zero for terrorist threat: John Kerry


January 23rd, 2009 - 11:23 pm ICT by IANS
Washington, Jan 23 (IANS) Even as Pakistan has become "ground zero for the terrorist threat", an influential US senator has advocated support for Islamabad and helping it and India to return to ... Read more...

Posted in World |

Rao retires as insurance regulatory body chief


May 14th, 2008 - 4:02 pm ICT by admin
Chennai, May 14 (IANS) "A fair and firm regulator" is the how insurance industry officials describe Chellapilla Satyanarayana Rao, chairman, Insurance Regulatory and Development Authority (IRDA) who lay down office Wednesday. Officials ... Read more...

Posted in Business |

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