Opposition Set To Corner Government On Bank Frauds As Budget Session Resumes

Opposition Set To Corner Government On Bank Frauds As Budget Session Resumes … Sources said that while the financial sector and banking scams would dominate the proceedings in both Houses, issues related to crime against Dalits and women, farmers, the economy and unemployment would
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The U.S. will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said. “The U.S. is set to put its stamp on global oil markets for the next five years,” IEA Executive Director
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Economic risks keeping Americans up at night include the hastily rewritten tax code and the possibility of a global trade war set off by U.S. tariffs. Consider another cause for insomnia: President Donald Trump's opposition to a new rail tunnel linking New York and New Jersey beneath the Hudson River.
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The Punjab National Bank (PNB) scam worth Rs 12,700 crore seems to have impacted the bank's business operations including bulk deposits and brokerage transactions as institutions wait for investigations to end. This may see the bank taking a hit on their profitability for the January to March quarter,
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Economists surveyed by Bloomberg see total output slowing to 2.3 percent in 2018, down from 2.5 percent in 2017. “It's too early to read too much into the February fall,” said Chris Williamson, IHS Markit's chief business economist. “Some pull-back from January's high was always on the cards.”.
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Options from Freddie Mac include the Value-Add Loan, an attractively low-cost, flexible product. The short-term, variable-rate financing covers renovations of $10,000 to $25,000 per unit. Highlights of terms include interest-only terms, no interest rate cap or lockout, and waiver of the 1 percent exit fee if
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Market indications are that mortgage rates are set to rise soon, with many top lenders already pulling their best deals from the market. As speculation continues about when the Bank of England will next increase the base rate, swap rates have increased dramatically. Swap rates show the rate at which
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JOHANNESBURG – The South African Banking Risk Information Centre (Sabric) on Monday urged consumers to be skeptical of any investment that seemed too good to be true and promised quick, high and guaranteed returns. Sabric chief executive, Kalyani Pillay, warned consumers about illegal
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Trump's “easy to win” trade war. Bloomberg's Craig Gordon and Bloomberg Businessweek's Peter Coy discuss. “America First” is finally starting to bite. President Donald Trump's March 1 announcement that he'll slap stiff tariffs on imported steel and aluminum roiled markets, spurred warnings of harsh
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Walmart's new prepared meals and meal kits expansion is aimed at expanding its fresh food business. Bloomberg via Getty Images. By Claire Zillman, reporter. 5:34 AM EST. Walmart Inc. will start offering prepared meals at its stores for the first time, a move that could help the nation's biggest grocer sell
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The Reserve Bank of Australia has not lifted the cash rate in eight years — the last time it rose was in November 2010 — which means more than 2.9 million mortgage customers have only ever had cash rate drops. Analysis by financial services firm Canstar shows of these customers 690,000 are first
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Investors are delving into the details on shares of Vpc Specialty Lending In (VSL.L). The share price has felt recent pressure moving past the Stochtastic Momentum Index of -40, indicating possible oversold territory. The Stochastic Momentum Index, or SMI, is a more refined version of the original
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HONG KONG (Mar 05) — Fortune Sun (China) Holdings, a Hong Kong-listed real estate marketing company, said Monday it expects net loss to widen in 2017 owing to amortization expenses of share options granted during the year. “The costs of expansion to the Southeast-Asian markets and the sharp
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Frances McDormand's Best Actress acceptance speech at the Oscars on Sunday night had many clear messages about what she wanted Hollywood to do for women, and one cryptic one: “inclusion rider.” After asking all the female Academy Award nominees in the audience to stand with her and
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Improving accessibility online is a focus for the Australian Bankers' Association, which appointed former disability discrimination commissioner, Graeme Innes, to review banking accessibility standards for people with disabilities in November last year. The review aims to ensure all Australians are able to
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Employers are struggling to hire workers in tightening U.S. job market. Marijuana is now legal in nine states and Washington, D.C., meaning more than one in five American adults can eat, drink, smoke or vape as they please. The result is the slow decline of pre-employment drug tests, which for decades
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Patrick Hylton, Group CEO of the National Commercial Bank (NCB) Financial Group, says bank fees are vital to the financial institution's daily operations and should remain an integral part of the competitive approach of the local banking sector. Speaking at last Thursday evening's official opening of
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“Payday lenders trap Floridians in a cycle of debt while draining billions from our state's residents,” said Bill Newton, deputy director of Florida Consumer Action Network. “Instead of supporting tools and products that would promote financial capability, these lawmakers appear to be doing the bidding of
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Greenleaf Trust acquired a new position in shares of First American Financial Corp (NYSE:FAF) in the fourth quarter, according to the company in its most … The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and
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Qualcomm's shareholders will no longer be meeting Tuesday to weigh in on Broadcom's unsolicited takeover bid for the U.S. chipmaker. According to a Financial Times report, Treasury has stepped in to delay the meeting by a month, to allow the Committee on Foreign Investment in the United States
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