Day: August 6, 2019

Don't extend loan moratorium: HDFC Ltd Chairman Deepak Parekh urged RBI Governor Shaktikanta Das

HDFC Bank reduces lending rates by 10 bps

8:15 pm August 6, 2019

Mumbai: Largest private sector lender HDFC Bank Tuesday has cut its lending rates by 0.10 percent across all tenors, effective Wednesday, sources said. The move comes a day ahead of the policy review by the Reserve Bank, which is reportedly peeved at lenders for not passing on its three consecutive rate cuts of 0.75 percent […]

Benchmark indices close higher on RBI rate cut hopes

8:12 pm August 6, 2019

Mumbai: Equity benchmarks Sensex and Nifty rebounded on Tuesday, a day after plunging to five-month lows as investors lapped up bank and auto sector stocks with hopes that the RBI will cut repo rate to lift sagging consumer sentiment. After swinging over 705 points during the day, the 30-share BSE index closed at 36,976.85, rising […]

Health ministry seeks to allay fears on NMC Bill clause

8:06 pm August 6, 2019

New Delhi: Amid apprehensions that clause 32 in the National Medical Commission (NMC) Bill will encourage quackery, the health ministry on Tuesday said it was a provision to grant a limited licence to those who qualified the criteria as might be specified by regulations “only in primary and preventive healthcare to practise medicine at the […]

Gehlot, Pilot condemn Mehbooba, Omar’s arrest

8:03 pm August 6, 2019

Jaipur: Rajasthan Chief Minister Ashok Gehlot and Deputy Chief Minister Sachin Pilot have condemned the arrest of former Jammu and Kashmir chief ministers Mehbooba Mufti and Omar Abdullah. “The arrest of two former CMs of Jammu and Kashmir, Omar Abdullah and Mehbooba Mufti is condemnable and it could have been avoided. Government should have taken […]

Plea in SC challenging Presidential order on Article 370

8:02 pm August 6, 2019

New Delhi: A petition was filed in the Supreme Court Tuesday challenging the Presidential order on Article 370 which revokes the special status given to Jammu and Kashmir. The plea has been filed by advocate M L Sharma who claimed that the Presidential order was “illegal” as it was passed without taking consent from the […]