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...The banks declined to comment....
...The bank’s chief executive and her husband have also denied wrongdoing....
...Paytm’s shares fell sharply on Thursday after the Reserve Bank of India ordered its payments bank to stop taking deposits and offering banking services, cutting off a vital growth area for the fintech group...
...India’s main opposition party said its bank accounts had been frozen over tax issues barely two weeks before parliamentary elections were expected to be announced, depriving it of access to funds....
...The Reserve Bank of India has widened a crackdown on Indian fintech group Patym, ordering its payments bank to stop taking deposits and providing “other banking services”....
...A month later in New Delhi, Modi listed pro-business achievements, from stemming graft with digital infrastructure to new highways, and promised more in the future....
...The Indian National Congress, the country’s biggest opposition party, on Thursday said it was unable to continue campaigning because all its bank accounts had been frozen in connection with an ongoing tax...
...The employment ratio for south Asia was 59 per cent last year, the bank said, compared with 70 per cent in other emerging markets....
...Paytm’s shares plunged another 20 per cent on Friday, extending a rout after India’s central bank halted the fintech group’s payments bank business this week....
...Paytm’s shares fell 20 per cent on Thursday after the Reserve Bank of India stopped its payments bank from providing services, the culmination of a long-running regulatory scrutiny of the fintech group....
...Results at BofA, like its large competitors, were also dragged down by costs tied to last year’s regional banking crisis after the Federal Deposit Insurance Corp imposed another round of fees on the nation...
...Farmers last thronged Delhi in 2020 and 2021 to protest three farm bills that would have introduced greater price competition to the agricultural sector....
...“It’s a fairly neutral budget which tries to do the most given the constraints of electoral prudence and fiscal prudence,” said Madan Sabnavis, chief economist with Bank of Baroda....
...The opposition Indian National Congress, which this week cried foul after its bank accounts were frozen in a tax dispute, says a longer electoral timetable will suit the incumbent, whose Bharatiya Janata...
...Last month it announced a preliminary restructuring deal with the Export-Import Bank of China, but is yet to agree terms with other creditors such as India, Japan and France....
...Tarushi Chauhan, a 29-year-old engineer waiting for her order at a Starbucks in Delhi, said she started drinking coffee when she discovered Frappuccinos as an undergraduate....
...The Supreme Court ordered the State Bank of India, which holds information on the bonds, to hand them over to the commission....
Receipts rose to a record in 2023, in a turnaround after a series of pandemic-era flops
...Shortly before Kejriwal’s arrest the Indian National Congress, the biggest opposition party, claimed that its bank accounts had been frozen for weeks over a tax dispute....
...That year New Delhi introduced a new requirement for investors from countries with which India shares a land border, including China, to seek government permission before investing....
The Japanese conglomerate sought to save Zee deal but has failed to complete the merger
Japanese group resisted chief executive Punit Goenka’s demand to stay on after merger
...Most bank mergers need approval from all three of the US federal bank regulators: the FDIC, the Federal Reserve and the Office of the Comptroller of the Currency....
...That’s a big takeaway from Bank of America’s latest global fund manager survey, which reveals the increasingly ebullient mood among investors....
...China’s foreign ministry said on Tuesday that Exim Bank had reached a tentative deal with Sri Lanka in late September....
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