Tag Archives: act

ICICI, Axis, SBI Gain, RBI To Get Power To Act Against Loan Defaulters

Shares of public and private sector lenders were witnessing good buying interest in trade today a day after the Union Cabinet empowered the Reserve Bank of India (RBI) to act against wilful defaulters. The Union Cabinet cleared an ordinance empowering the Reserve Bank of India (RBI) to act against wilful defaulters. The ordinance has been sent to the president for ... Read More »

TUC and businesses urge Theresa May to act on rights of migrants

Leaders say uncertainty over 3.2m EU citizens in UK will inflict ‘serious damage’ on economy British business and the trade union movement have made an unprecedented joint demand to Theresa May to guarantee immediately the rights of European Union migrants to remain in the UK, warning that further uncertainty will inflict serious damage on the British economy. In a strongly ... Read More »

BOJ will act ‘without hesitation’ to revive inflation- Kuroda

The recent dip in inflation in Japan may mean inflation expectations are not yet anchored at the Bank of Japan’s two percent target, and the bank will approve more quantitative easing or lower negative interest rates “without hesitation,” BOJ Governor Haruhiko Kuroda said on Saturday. “The Bank of Japan will continue to carefully examine risks and take additional easing measures ... Read More »