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Can the Putin-Xi meeting hurt India-Russia ties

Beijing News 29 Mar 2023
New Delhi has taken note of the carefully-worded joint statement that spelled the growing bonhomie in Sino-Russian ties ... New Delhi is also banking on Moscow's support for its Central Asian trade ambitions, as they are both fully-fledged members of the Beijing-headquartered nine-country regional Shanghai Cooperation Organization (SCO).
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Japan plans NE push with India, B’desh

Live Mint 28 Mar 2023
New Delhi ... New Delhi, Dhaka and Tokyo are looking to attract investment by following a two-pronged strategy ... value chain concept in cooperation with India and Bangladesh to foster growth in the entire region,” Kishida said while delivering the 41st Sapru House lecture in New Delhi.
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ICICI Bank bulk FD rates are effective from today with a maximum interest rate of 7.25%

Live Mint 28 Mar 2023
The private sector lender ICICI Bank has revised its interest rates on bulk fixed deposits of more than ₹2 Cr to less than ₹5 Cr. According to the bank's website, the updated bulk FD rates are in effect as of today, starting on March 28, 2023 ... ICICI Bank Bulk FD Rates ... Premium Delhi HC frames new charges against Sharjeel in 2019 Ja ...
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G20 expert group on strengthening Multilateral Development Banks constituted

Beijing News 28 Mar 2023
New Delhi , March 28 (ANI). A G20 expert group for strengthening multilateral development banks (MDBs) has been constituted under India's G20 Presidency ... The expert group will discuss mechanisms for coordination among multilateral banks for them to address and finance global development and other challenges more effectively.
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Borrowers must be heard before loan account is classified as fraud: SC

Beijing News 28 Mar 2023
New Delhi , March 27 (ANI). The Supreme Court on Monday rejected the State Bank of India's appeal, upholding the Telangana High Court's order and ruled that it is reasonably practicable for the lender banks to provide an opportunity for a hearing to the borrowers before classifying their accounts as fraud.
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Will Markram be able guide SRH to a second IPL title?

The Siasat Daily 28 Mar 2023
New Delhi. Sunrisers Hyderabad would be banking on the leadership skills of their new skipper, South African Aiden Markram, and the cricketing acumen of coach Brian Lara to break the jinx of finishing in the lower rung over ...
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RBI may pause repo rate hike next month: SBI Report

The Siasat Daily 27 Mar 2023
New Delhi. The Reserve Bank of India (RBI) is likely to apply the pause button on continuous hikes in repo rates during next week’s meeting of its monetary policy committee (MPC), says a report by the State Bank of India’s (SBI) research wing ... Delhi HC grants six weeks to RBI to respond to PIL on Uniform Banking Code.
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Indian banks must hear loan defaulters before declaring accounts as fraud – top court

Reuters 27 Mar 2023
NEW DELHI, March 27 (Reuters) - Indian banks must give defaulters an opportunity to be heard before they classify a loan account as fraud, the Supreme Court ruled on Monday. Banks cannot unilaterally declare an account as fraud without providing the defaulter the right to be heard, a top court bench led by Chief Justice DY Chandrachud said.
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'Affects Right To Reputation': SC Asks Banks Give Hearing Before Labelling Borrowers As Fraudulent (Lead)

MENA FN 27 Mar 2023
(MENAFN - IANS) New Delhi, March 27 (IANS) The Supreme Court on Monday ruled that the banks should give a personal hearing to borrowers before classifying their account as fraudulent, in accordance ... .
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Rs 6 lakh crore worth of investments may look for new parking spot after Sitharaman’s tax tweak

The Times of India 27 Mar 2023
NEW DELHI ... The new rules come into effect from April 1 when mutual funds with less than 35% invested in equities will be taxed as short-term capital gains (STCG) based on income tax slab levels, similar to how bank FDs are taxed.
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RBI likely to pause interest rate hike in April policy meet: SBI Research

Beijing News 27 Mar 2023
New Delhi , March 27 (ANI). The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report. The repo rate is the interest rate at which the RBI lends money to all commercial banks.
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Scotland’s first national chef

Your Story 26 Mar 2023
After a meeting with chiefs of state-run banks in New Delhi on Saturday, the finance ministry said the lenders had been asked to identify stress points, including "concentration risks and adverse exposures".

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