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Trump advisers seek to shrink or eliminate bank regulators
1 week, 5 days ago

Trump advisers seek to shrink or eliminate bank regulators

Live Mint  

The Trump transition team has started to explore pathways to dramatically shrink, consolidate or even eliminate the top bank watchdogs in Washington. In recent interviews with potential nominees to lead bank regulatory agencies, Trump advisers and officials from his newfound Department of Government Efficiency have, for example, asked whether the president-elect could abolish the Federal Deposit Insurance Corp., people familiar …

Financial Trump Bank Republicans Fed Banks Agency
Sri Lanka inks pacts with OCC, China to restructure debt
5 months, 3 weeks ago

Sri Lanka inks pacts with OCC, China to restructure debt

Hindustan Times  

New Delhi: Sri Lanka on Wednesday signed separate debt restructuring agreements with the Official Creditors Committee, a group co-chaired by India, and China’s Exim Bank, with New Delhi saying it will continue supporting Colombo’s economic recovery through long-term investments. The Official Creditors Committee is co-chaired by India After the International Monetary Fund’s approval of an extended fund facility for Sri …

India China Sri Lanka Debt Restructuring Lanka Sri Imf
Sri Lanka seals debt deal with Official Creditor Committee after financial crisis
5 months, 4 weeks ago

Sri Lanka seals debt deal with Official Creditor Committee after financial crisis

The Hindu  

In what it termed a significant milestone, Sri Lanka on Wednesday sealed a deal with the Official Creditor Committee, to restructure the debt owed to its bilateral lenders including India, and signed a separate agreement with China for debt treatment. “Sri Lanka reached a final restructuring agreement for $5.8 billion of debt with its bilateral lenders’ Official Creditor Committee in …

China Sri Lanka Debt Lanka Sri Financial Crisis Occ
Chinese assistance holds key for Zambia
6 months ago

Chinese assistance holds key for Zambia

China Daily  

People attend the groundbreaking ceremony of the Zambia-China Friendship Road in Lusaka, the capital of Zambia, on May 27. WANG CHUNYAN/XINHUA Sustained financial assistance from China has significantly improved connectivity in Zambia, producing major projects that have formed the backbone of the country's infrastructure, said experts. "China has contributed more to Zambia's infrastructure than any other country," said Francis Mwape …

China Infrastructure Debt Projects Infrastructure Development Zambia Apuleni
ED Raids on RTPL in Connection with Bank Fraud Case
6 months, 1 week ago

ED Raids on RTPL in Connection with Bank Fraud Case

Deccan Chronicle  

Hyderabad: Directorate of Enforcement, Hyderabad Zonal Office has conducted search operations at various locations in Hyderabad, Kurnool and Ghaziabad in a money laundering case being investigated against Ramakrishna Electronics, Ramakrishna Teletronics Pvt Ltd and others in a case of Bank Fraud. Ltd and its Directors/Partners V Raghavendra, V Ravi Kumar and others based on a complaint of loan fraud filed …

Bank Directors Rtp Ramakrishna Rtpl Ramakrishna Electronics Loan Funds
French Ambassador ‘impressed’ with Hyderabad Metro Rail
8 months, 3 weeks ago

French Ambassador ‘impressed’ with Hyderabad Metro Rail

The Hindu  

Ambassador of France to India Thierry Mathou said he was “highly impressed” by the Hyderabad Metro Rail system and called it a “shining example of innovation and technological advancement in urban transportation”. A presentation was made to the delegation on the diverse facets of the Hyderabad Metro, including the network’s state-of-the-art technology, operational excellence, and commitment to sustainable urban mobility. …

Metro Hmr Sustainable Urban Mobility Hyderabad Metro Rail
Delhi Metro sets up new command centre
10 months ago

Delhi Metro sets up new command centre

Hindustan Times  

The Delhi Metro Rail Corporation on Wednesday unveiled a new Operation Control Centre at the Metro Bhawan – DMRC’s headquarters -- which will be used to monitor and control operations on the Red Line, the Yellow Line and three upcoming Phase-4 corridors, including the Golden Line officials aware of the matter said. The new OCC, inaugurated by DMRC’s managing director …

Control Metro Lines Centre Line Delhi Metro Occ
Sri Lanka reaches agreement with India, Paris Club on debt treatment
1 year ago

Sri Lanka reaches agreement with India, Paris Club on debt treatment

The Hindu  

Sri Lanka has reached an “agreement in principle” with India and the Paris Club group of creditors including Japan, on a debt treatment plan that will help the crisis-hit island nation tap the next tranche of the International Monetary Fund’s nearly-$3 billion recovery package. “The OCC and Sri Lanka agreed on the main parameters of a debt treatment consistent with …

India China Japan Sri Lanka Treatment Debt Lanka
Addis Ababa-Djibouti Railway senior management winds up studying in Tianjin
1 year, 1 month ago

Addis Ababa-Djibouti Railway senior management winds up studying in Tianjin

China Daily  

"I am fortunate to have the opportunity to come to Tianjin Railway Technical and Vocational College again for training," said Filmon Teklehaimanot Teklemariam, Director OCC of the Addis Ababa-Djibouti Standard Gauge Railway Co. The training program targeted at the senior management of Addis Ababa-Djibouti Railway concludes in Tianjin, North China, on Nov 7. The training program, targeted at the senior …

China Railway Rail Djibouti Trtvc Tianjin Training
Column: How Trump’s frenzy of deregulation killed Silicon Valley Bank
1 year, 8 months ago

Column: How Trump’s frenzy of deregulation killed Silicon Valley Bank

LA Times  

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners. The Fed and other regulators condemn the bank’s executives; Fed Vice Chair Michael Barr, in testimony before the Senate Banking Committee on Tuesday, called the bank’s failure “a textbook case of …

Banking Congress Trump Regulations Bank Senate Fed
Bank failures and rescue test Yellen’s decades of experience
1 year, 8 months ago

Bank failures and rescue test Yellen’s decades of experience

Associated Press  

WASHINGTON — Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. Yellen spent that crucial period two weeks ago assembling Federal Reserve officials; regulators at the Federal Deposit Insurance Corp. and the Office of the Comptroller of …

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Bank failures and rescue test Yellen's decades of experience
1 year, 9 months ago

Bank failures and rescue test Yellen's decades of experience

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Yellen spent that crucial period …

Congress Treasury Biden Federal Republicans Fed Banks
Simon Taufel challenges India legend to take up umpiring
2 years, 6 months ago

Simon Taufel challenges India legend to take up umpiring

Hindustan Times  

Umpiring remains one of the toughest yet thankless jobs on the cricket field. In a recent interview, Taufel revealed his discussion with an India cricket legend on taking up umpiring in the near future. Simon Taufel Speaking to News9 Sports, Taufel revealed that he has spoken to a few players to take up the job and in particularly talked his …

India Umpiring Sehwag Taufel Simon Taufel
Apple breaches $3 trillion market value again
2 years, 11 months ago

Apple breaches $3 trillion market value again

Live Mint  

Apple Inc crossed $3 trillion in market value in early trading on Tuesday before slipping, after the world's most valuable company briefly hit the milestone a day earlier. Apple accounts for nearly 7% of S&P 500 index's value, according to Refinitiv data, the highest for a single stock on the index at a time when the benchmark is perched at …

Apple Iphone Refinitiv Data
Biden’s Bank Regulation Nominee Is Facing A 'Red Scare McCarthyism' Campaign
3 years, 2 months ago

Biden’s Bank Regulation Nominee Is Facing A 'Red Scare McCarthyism' Campaign

Huff Post  

Saule Omarova speaks during a September 2018 Senate banking committee hearing titled "Fintech: Examining Digitization, Data, and Technology." The Senate Must Defeat Communist Saule Omarova For Comptroller of the Currency - The Capitol Switchboard is call today & tell your Senators to vote NO on Communist Saule Omarova, President Biden’s nominee for Comptroller of the Currency https://t.co/vrgewQVvTU — Richard Viguerie …

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Fresh trouble brewing for Water Metro project
3 years, 5 months ago

Fresh trouble brewing for Water Metro project

The Hindu  

Even as the rolling out of the first Water Metro ferry has overshot its revised deadline by over six months, fresh trouble is brewing for Kochi Metro Rail Limited, as heritage enthusiasts have yet again objected to the construction of a jetty near the iconic Chinese fishing nets that dot the Fort Kochi beachfront. A row of three heritage buildings …

Water Metro Kochi Fort Kochi Jetty Trouble Brewing
Despite Its Pledges, Shell Funded Anti-Climate Lobbying Last Year
3 years, 9 months ago

Despite Its Pledges, Shell Funded Anti-Climate Lobbying Last Year

Huff Post  

LOADING ERROR LOADING Royal Dutch Shell vowed last September to reach net-zero carbon pollution in its business by 2050. In its December comments, the IPAA claimed that banks have caved to “political pressure to limit capital to an essential energy industry.” The group argued that environmental groups have “distorted” the damage to the environment caused by methane emissions, “trying to …

Climate Industry Trump Lobbying Associations Banks Rule
One year after his death, John Altobelli still inspires Orange Coast baseball team
3 years, 11 months ago

One year after his death, John Altobelli still inspires Orange Coast baseball team

LA Times  

Photos outside Angel Stadium honor the lives of, from left to right, Alyssa, Keri and John Altobelli after they died in a helicopter crash that also killed Kobe Bryant and five others on Jan. 26, 2020. “As hard as that is to do, I think that’s also one of the easier things that I know I’m going to be able …

Baseball Brother Crash Season Johnson Seven Years John