In focus, 17th Sep 2021, News & Stories from India

Friday, Apr 26, 2024 | Last Update : 07:59 PM IST

17 Sep 2021

In focus, 17 Sep 2021 Page-2

A ‘bad bank’ is a bank that buys the bad loans of other lenders and financial institutions to help them to clear their balance sheets. — PTI

Bad bank to get Centre’s boost

Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank

17 Sep 2021 7:58 AM

Justice Cheema had challenged his premature retirement and matter was taken up on Wednesday with direction to government to come back with its response on Thursday. — PTI

Centre backtracks, Justice Ashok Iqbal Singh Cheema is restored

Cheema to continue as acting chairperson of NCLAT

17 Sep 2021 7:56 AM

Union Finance Minister Nirmala Sitharaman speaks during a press conference at NMC in New Delhi, Thursday, Sept. 16, 2021. (PTI /Manvender Vashist)

Government gives Rs.30,600 crore guarantee to set up 'Bad Bank'

A ‘bad bank’ is a bank that buys the bad loans of other lenders and financial institutions to help clear their balance sheet

17 Sep 2021 7:01 AM

The increase in gold prices helped limit the decline in sales to single digit levels. Representational Image (PTI)

Jewellery retailers could see 12% revenue growth

Increased spending on wedding and festive jewellery might support sales

17 Sep 2021 3:17 AM

Britain's Prime Minister Boris Johnson. (AFP Photo)

AA Edit | Johnson eyes re-election

Hints of a Tory meritocracy are to be seen as two women and two from ethnic minorities are in four seats of power

17 Sep 2021 3:17 AM

As the Supreme Court barred any change in the definition of AGR retrospectively, the government has decided to exclude non-telecom revenues from the definition of AGR in future. (PTI Photo)

AA Edit | Telecom relief package comes in nick of time

The most prominent decision taken by the Cabinet is a moratorium on the spectrum and AGR payments up to four years from October 2021

17 Sep 2021 3:15 AM

Last month, Ujjivan SFB had appointed Carol Furtado to take charge as officer on special duty (OSD) till Sept. 30, following the resignation of Nitin Chugh as MD and CEO. (Twitter)

RBI okays panel running Ujjivan SFB

Ujjivan SFB its board, in parallel, will evaluate suitable candidates for the MD & CEO position, and submit two names to the RBI

17 Sep 2021 3:03 AM

Speaking at a CII event, Michael Patra, deputy governor at RBI, said core inflation remains sticky even though the headline numbers have moderated since May. (Twitter)

Inflation to stabilise only by FY24: Patra

Retail inflation moderated to 5.3 per cent in August but remained above the medium-term target of the RBI

17 Sep 2021 2:39 AM

The Prime Minister said that he was confident that work on the new Parliament building will be completed on time. (PTI)

PM Modi hits out at critics of Central Vista project

The Prime Minister pointed out that while these hutments occupied an area of 62 acres, the new offices have come up in just 13 acres

17 Sep 2021 2:30 AM

With the onset of the festive season, SBI has also waived processing fees on home loans and occupation-linked interest premium. Representational Image. (PTI)

SBI cuts home loan rate to 6.7%, BoB to 6.75%

A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent

17 Sep 2021 2:18 AM

Mr Blinken, of course, offered the standard alibis that his boss, US President Joe Biden, has been dispensing ever since Kabul fell to the Taliban fighters on August 15. (AP Photo)

K.C. Singh | Engage Iran & Russia to keep Pak in check in Afghanistan

The US also did not expect the rapid collapse of the Afghan National Army (ANA), which has left Afghanistan in chaos

17 Sep 2021 2:13 AM

Ashwani Kumar | It’s now time to reclaim the moral centre of the nation

The erosion of a nurtured culture of tolerant coexistence questions our democratic resilience

17 Sep 2021 2:11 AM

52 firms apply for white goods PLI

The selection of applicants will be done within 60 days

17 Sep 2021 2:02 AM

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Sunil Gatade