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Gag on media freedom: Journalists condemn finance ministry restricting entry of journalists into North Block

After the finance ministry put in place restrictions on media from entering the North Block, a tug of war has ensued between Finance Minister Nirmala Sitharaman and reporters. According to the new rules, the finance ministry issued a notice which read, “Entry of media persons, including those holding a PIB accredited card will be on the basis of prior appointment.” ... Read More »

Reliance Home Finance falls 7% on extending maturity of NCDs of Rs 400cr

Shares of Reliance Home Financeshed 7.3 percent in the early trade on July 1 after the company extended maturity on certain NCDs of Rs 400 crore. The company in its press release dated June 29 said that in view of the continuing severe liquidity crisis in the sector, the maturity of certain NCDs of Rs 400 crore has been extended till October 31, ... Read More »

New vehicle for long-term infra finance on the anvil

India is proposing to create a new entity for financing infrastructureNSE 2.95 % that will seek to bolster lower-rated bonds issued by companies in the sector. The National Housing Bank (NHB), National Bank for Agriculture and Rural Development (Nabard) and India Infrastructure Finance Company Ltd will be roped in as investors for the proposed entity National Infrastructure Credit Enhancement Ltd or NICE. ” We have had ... Read More »

Trump Reignites War On Christmas In May, But Twitter Users Aren’t Having It

President Donald Trump offered yet another strangely out-of-season shoutout to Christmas on Wednesday night and once again took credit for people saying “Merry Christmas.” Speaking at an interfaith dinner ahead of Thursday’s National Day of Prayer, Trump said: “Now everyone’s very proud to be saying ‘Merry Christmas’ again. There was a time when we went shopping and you wouldn’t see ‘Merry Christmas’ on the ... Read More »

Do I need to update carrier settings on iPhone for Mint Mobile?

Best answer: Yes, you might have to update the carrier settings on your iPhone when using Mint Mobile. Luckily, the process is intuitive and straightforward. Your choice: Monthly Mobile Plans (from $15 at Mint Mobile) What’s Mint Mobile? Mint Mobile is a mobile virtual network operator (MYVO) that was founded in 2016 by California-based Ultra Mobile. The company offers prepaid mobile plans that ... Read More »

Christmas chocolates spotted on sale at Woolies the same week as Easter

CHRISTMAS may have appeared to come eight months early for a major supermarket chain which has been selling festive season chocolates. The Limited Edition Christmas chocolates for sale at Woolworths, Cannon Hill, on Wednesday. Picture: Supplied Less than a week after the Easter bunny dropped by, a Brisbane mother was gobsmacked to find a towering display of Christmas Limited Edition ... Read More »

How $5B Could Provide A Great Education For Every Kid On Earth

Del Lago Academy Escondido USD GETTING SMART “Exponential technology is changing faster than we are,” said a philanthropic advisor, “how could philanthropy accelerate progress in career readiness?” With such high challenge, so many restrictions (both policies and traditions), and new demands to be lean and agile, it’s a stretch for public education to respond adequately. The automation economy is likely ... Read More »

Indiabulls Housing Finance shares jump 4% on fundraising plans

Indiabulls Housing Finance share price rose in trade today after the firm said it would deliver 17-19 per cent net profit growth in FY20 & plans to raise Rs 26,000 crore in four quarters of FY20. Reacting to this, shares of the company rose by almost 4 per cent on Thursday. The total resources raised in Q4FY19 were Rs 17,300 ... Read More »

Manappuram Finance withdraws release on securing funding from NABARD

Non-banking finance company Manappuram Finance Thursday withdrew a release it had issued earlier in the day regarding securing debt funding from NABARD. The release titled ‘Manappuram Finance secures Rs 695 crore debt funding from NABARD’ is being “retracted with immediate effect due to factual inaccuracies in statement as well as transaction”, the company said. Manappuram Finance also said it would come out with a revised announcement ... Read More »

An Indian view from Wall Street on women in finance

My inspiration has come from within my own family. My mother who had a doctorate and was a Professor at a time when women in India barely went to college. She took a leap of faith from Dalal Street to Wall Street to manage some key initiatives at S&P DJI. Alka Banerjee shares her views on how hard it is to stay ahead of ... Read More »