Saturday, December 15, 2018

‘Business’ News

Northeast telecom connectivity uncertain as DoT, BSNL differ

Saturday, December 15, 2018 6:49

NEW DELHI: Universal Service Obligation Fund (USOF), a telecom department's wing has blamed the state-owned telco Bharat Sanchar Nigam Limited's (BSNL) implementation partner Vihaan Networks Limited (VNL) for using substandard technology in a government-aided Northeast telecom connectivity initiative, a charge which is though denied by the Gurgaon-based firm."Anything in the ...

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Govt may overreach when RBI Guv is new: Abhijit Banerjee

Saturday, December 15, 2018 6:39

I do not think the Monetary Policy Committee (MPC) is directly under the government's control. It has a very 67101124 67096379 67093508 respectable chair in Bimal Jalan, Abhijit Banerjee, Professor of Economics, MIT, tells ET Now. Edited excerpts: ...

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Mergers will kill branches when the need is for branch expansion: AIBEA

Saturday, December 15, 2018 6:33

At a time when India is largely unbanked or underbanked with low density of banks, merger of banks will result in killing of branches and would divert attention from recovering huge outstanding loans, said a top leader of the All India Bank Employees' Association (AIBEA).In a statement issued here, C.H. ...

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What Mr Market wants from you in 2019

Saturday, December 15, 2018 5:53

The stock market surprised everyone during the week gone by, as there was no panic selling after the Congress' win in major states, which proved that realities of economic dynamics is always the guiding factor and politics is only sentiment, which has negligible shelf life. Post the rollercoaster ride, Indian ...

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Report exposes chilling truth about J&J’s baby powder

Saturday, December 15, 2018 5:50

By Lisa GirionDarlene Coker knew she was dying. She just wanted to know why.She knew that her cancer, mesothelioma, arose in the delicate membrane surrounding her lungs and other organs. She knew it was as rare as it was deadly, a signature of exposure to asbestos. And she knew it ...

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Your home loans change from next year? Here’s what happens

Saturday, December 15, 2018 5:47

RBI has mandated banks to use external benchmarks (e.g. treasury bill rates or repo rates) to determine interest rates on home loans from April 2019. Banks currently use an internal benchmark (bank's own marginal cost of raising funds) to decide home loan rates. Will this move make the rates more ...

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4 of 11 banks may see lifting of lending restrictions in Q4

Saturday, December 15, 2018 5:34

The Reserve Bank of India (RBI) has estimated that around four out of the 11 banks facing lending restrictions could come out of the prompt corrective action (PCA) framework with some capital infusion. This was indicated in the central bank's board meet on Friday.After taking an activist stance in its ...

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Living in the gig economy: Key skill for millennials is preparedness to move across industries and roles

Saturday, December 15, 2018 5:19

By Lloyd MathiasA full time job with one employer has been the norm for decades but increasingly this does not capture how an increasing share of the workforce makes a living. Even as the workplace is rapidly readjusting to changing demographics and the needs of the millennials – the group ...

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Why Sanjay Dongre of UTI AMC is betting on domestic cyclicals

Saturday, December 15, 2018 5:12

67077568 I would go overweight on sectors where earnings growth is higher, Sanjay Dongre, EVP and senior fund 67090632 67088839 manager, UTI AMC, tells ET Now. Earnings growth could be in excess of 15% in domestic cyclicals over the next 18-24 months time, says Dongre.Edited excerpts: What is your perspective on ...

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Mumbai-Lucknow IndiGO flight grounded after bomb threat call

Saturday, December 15, 2018 5:06

MUMBAI: An IndiGo flight from Mumbai to Lucknow via Delhi was grounded Saturday after a bomb threat call, airport sources said.The aircraft was taken to an isolated bay for a secondary ladder point check after a Bomb Threat Assessment Committee (BTAC) found the threat as “specific”, the sources said.Later, security ...

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