Credit

Reserve Bank To Set Up G-SAP 1.0 For Evolution Of Yield Curve: All You Need To Know

Business | Edited by Nikita Prasad | Wednesday April 7, 2021

The RBI Governor said that the positive externalities of G-SAP 1.0 operations need to be reflected in those segments of the financial markets that rely on the G-sec yield curve as the main pricing benchmark

U.S. Government Plans To Study How EVs Can Generate Renewable Fuel Credits: Report

Written by Reuters | Wednesday April 7, 2021

The move could give the fledgling U.S. electric vehicle industry a big boost by granting it fresh incentives and a new revenue stream.

Burger King Gains After Credit Rating Upgrade From ICRA

Business | Edited by Abhishek Vasudev | Tuesday April 6, 2021

Shares of quick service restaurant chain operator Burger King rose as much as 4 per cent to hit an intraday high of Rs 132.60.

IRCON International Shares Gain After Board Approves Bonus Issue Of Shares

Business | Edited by Abhishek Vasudev | Wednesday April 7, 2021

Bonus issue of shares is expected to be credited within 60 days from the date of Board's approval that is by 5th June, 2021.

Facebook Leak: Private Details of Over 500 Million Users on Offer, Leaker Says

Reuters | Monday April 5, 2021

A leaker says they are offering information on more than 500 million Facebook users - including phone numbers and other data - virtually for free.

Volkswagen Said to Buy Green Credits From Tesla to Comply With Environmental Rules in China

Reuters | Friday April 2, 2021

Volkswagen is said to buy green car credits from Tesla to comply with environmental rules, in China, said sources. The deal highlights the scale of the task Volkswagen faces in transforming its huge petrol carmaking business into a leader in electric vehicles to rival Tesla.

Volkswagen To Buy Credits From Tesla In China To Comply With Environmental Rules: Report

Reuters | Friday April 2, 2021

A Volkswagen joint venture in China has agreed to buy green car credits from Tesla to help meet local environmental rules.

PUBG Lite Is Going Dark, to End Service and Player Support by May 29

Sourabh Kulesh | Thursday April 1, 2021

PUBG Lite is shutting down service on April 29, and the player support will no longer be available from May 29, Krafton has announced. Those who have the game installed in their systems will be able to continue to play the game. The lite.pubg.com webpage was closed on March 30.

Norton CEO Welcomes Ralf Speth To TVS Motor Company

Edited by Preetam Bora | Wednesday March 31, 2021

Sir Ralf Speth was CEO of Jaguar Land Rover for 11 years and was credited with helping turn around the company's fortunes.

How Secret Derivatives Trading Led To The Fiasco At Archegos Capital Management

Business | Sofia Horta e Costa, Tracy Alloway and Bei Hu, Bloomberg | Tuesday March 30, 2021

Much of the leverage used by Hwang's Archegos Capital Management was provided by banks including Nomura Holdings Inc. and Credit Suisse Group AG through swaps or so-called contracts-for-difference

India's Credit Line For Bangladesh Covers Nuclear Projects, Rooppur Nuclear Power Plant: Foreign Secretary

India News | ANI | Sunday March 28, 2021

Foreign Secretary Harsh Vardhan Shringla said on Saturday that New Delhi would be involved in the development of the transmission lines for the Rooppur Nuclear Power Plant in Bangladesh as part of its credit line for the neighbouring country.

Bank's Loans Grew 6.5% In Two Weeks To March 12, Shows RBI Data: Report

Business | Reuters | Friday March 26, 2021

Non-food credit rose Rs 29,759 crore to Rs 10,72,9000 crore,while food credit fell Rs 6,014 crore to Rs 69,192 crore.

India Emerging As Asia's Top Fintech Hub: RBI Governor Shaktikanta Das

Business | ANI | Thursday March 25, 2021

Das said the increased use of digital payments brought about by Covid-19 can fuel a rise in digital lending in the current decade as companies accumulate consumer data and enhance credit analytics.

Flipkart Big Saving Days 2021 Sale Goes Live: Top Offers on Mobile Phones, Electronics

Harpreet Singh | Wednesday March 24, 2021

Flipkart Big Saving Days 2021 sale is back this week. The sale is currently live for Plus members. We've handpicked the best offers available on popular mobile phones and electronics today.

"Traitors Want Credit For My Work": Mamata Banerjee On BJP's Suvendu And Sisir Adhikari

India News | Reported by Monideepa Banerjie, Edited by Harish Pullanoor | Sunday March 21, 2021

On a day 80-year-old Sisir Adhikari, father of former Trinamool minister Suvendu Adhikari joined the BJP, West Bengal Chief Minister dubbed them both "traitors" and "thiefs" who are now claiming credit for the work her government had done. Speaking at a rally in East Medinipur's Kanthi town, the Adhikaris' political bastion, she accused them of sip...