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RBI eases project finance norms, rationalise standard asset provisioning requirement to 1% for projects under construction

Mumbai, June 19 -- The Reserve Bank had issued draft guidelines on 'Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implement... Read More


CONVERSATION: Indian firms are seeking French-proficient engineers, says Alliance Francaise du Bengale head Nicolas Facino

India, June 19 -- Alliance Francaise du Bengale (AFB), the French educational and cultural institution in Kolkata which is part of an international network that works under the triple umbrella of the ... Read More


Digitalization key for smart village status: RI Govt

Jakarta, June 19 -- Indonesia's Ministry of Villages and Development of Disadvantaged Regions has underlined the importance of using digital technology or digitalization to transform villages into sma... Read More


Manipur: Landslide hits Imphal-Silchar highway, traffic disrupted

Imphal, June 19 -- A massive landslide caused by incessant rainfall has blocked a stretch of the Imphal-Silchar National Highway (NH-37) in Manipur's Noney district, bringing traffic to a halt early T... Read More


Swiss Central Bank Lowers Policy Rate To Zero As Expected

India, June 19 -- The Swiss National Bank reduced its policy rate to zero on Thursday as inflation turned negative and the currency strengthened further amid global trade tensions. The bank decided t... Read More


Indonesia's largest solar panel factory opened in Central Java

Kendal, Central Java, June 19 -- Industry Minister Agus Gumiwang Kartasasmita inaugurated Indonesia's largest factory for solar cell and solar panel production in an industrial zone in Kendal district... Read More


Eurozone Construction Output Grows 1.7%, Most Since February 2023

India, June 19 -- Eurozone construction output recovered at the quickest pace in more than two years in April, first estimates from Eurostat revealed on Thursday. Production in construction climbed 1... Read More


Copper tanks 1% as risk appetite stays lax

Mumbai, June 19 -- COMEX Copper futures eased today amid weak equities as markets eyed Israel-Iran conflict escalation. Risk appetite was lax and the US dollar index rose to a one-week high above 98.5... Read More


Sitaare Zameen Par receives praise from Riteish Deshmukh: 'Proud of Aamir Khan and Genelia Deshmukh'

India, June 19 -- Praise and love have been pouring in for Aamir Khan's Sitaare Zameen Par as celebrities who have already attended a special screening shared their reviews. After former Indian cricke... Read More


Chattogram reels from gas crisis as LNG offloading stalls

Dhaka, June 19 -- A gas crisis has gripped several areas of Chattogram city due to the inability to unload liquefied natural gas (LNG) from the floating terminal in the Bay of Bengal in adverse weathe... Read More