Archive for August 8th, 2019

RBI cuts risk weight on consumer credit to 100%

Mumbai Aug 8 PTI:   In a move that will help lower loan pricing in the unsecured consumer credit space, the Reserve Bank Wednesday reduced the risk weight for all consumer loans, barring credit cards, to 100 percent from the prevailing 125 percent.

Under the standardised approach for credit risk management…

Read More
Read More

China ‘blackmailing’ India into using Huawei 5G infra: US Congressman

Washington  Aug 8:  China is “blackmailing” India into using Huawei for its 5G infrastructure, an influential US Congressman alleged Tuesday, even as Beijing hoped that New Delhi will not succumb to any pressure from America.

The US has banned Huawei, the world leader in telecom equipment and the number two…

Read More

Who defines intolerance?

The narrative built by the conscience keepers of the nation, who complain about the threat to freedom of speech, is just another attempt to shape public discourse in India

Former Mumbai Police Commissioner and Director-General of Police, Gujarat and Punjab, Julio Ribeiro, recently expressed unhappiness with the Bharatiya Janata…

Read More

Sometimes way to reach success is to celebrate failure: Anupam

Mumbai Aug 8:  Veteran actor Anupam Kher has shared the key to success and says sometimes the best way to reach it is to celebrate failure.

Anupam on Thursday morning tweeted: “We make big things out of our failures. But sometimes the best way to reach success is to celebrate…

Read More

Has ‘muscular nationalism’ resolved any conflict in world: asks Chidambaram

New Delhi Aug 8:   Senior Congress leader and former home minister P Chidambaram on Thursday attacked the government over its actions on Jammu and Kashmir, asking if “muscular nationalism” has resolved any conflict in the world.

The Centre revoked Jammu and Kashmir’s special status under Article 370 of the…

Read More

Anyone can be brought along with money: Azad on Doval’s Shopian pictures

New Delhi Aug 8 PTI:  Reacting to the pictures and videos of National Security Advisor Ajit Doval’s interaction with locals in Kahsmir’s Shopian district, Congress leader Ghulam Nabi Azad on Thursday said “anyone can be brought along with money”.

NSA Doval on Wednesday undertook a whirlwind visit to…

Read More

Sushma Swaraj: extraordinary leader with many firsts

New Delhi, Aug 8 (PTI) The last rites for Sushma Swaraj, the former foreign minister and a BJP stalwart, were conducted Wednesday to the sounds of ceremonial bugle and Vedic mantras, the widely different tunes emblematic of the woman herself who harmonised many different chords in her persona.

Swaraj, one…

Read More

Light rains predicted in city

New Delhi, Aug 8 (PTI) The weather in the city is expected to be cloudy on Thursday, with the Met department predicting light rains.

The maximum temperature is expected to be 36 degrees Celsius.

The minimum temperature recorded on the intervening night of Wednesday and Thursday was 27.5 degrees…

Read More