Saturday, May 30, 2020

Liquidity concerns, weak rupee dent equity indices; energy stocks down

Mumbai, Oct 22 (The Eastern Herald) Concerns over a liquidity crunch impacting the NBFC space, along with fears over a rise in interest rates and a weak rupee, subdued the key domestic equity indices on Monday.

Panel recommends UNCITRAL model for cross-border insolvency

New Delhi, Oct 22 (The Eastern Herald) A committee to look into amendments to the Insolvency and Bankruptcy Code (IBC) on Monday recommended the adoption of the UNCITRAL Model Law of Cross Border Insolvency to deal with cross-border insolvency issues.

India wins Investment Promotion Award

Geneva, Oct 23 (The Eastern Herald) Agencies from Bahrain, India, Lesotho and South Africa have been awarded the UN Investment Promotion Awards (IPAs) for excellence in boosting investment helping countries meet the Sustainable Development Goals (SDGs).

Iran vows to abort US sanctions

Tehran, Oct 23 (The Eastern Herald) Iranian Foreign Minister Mohammad Javad Zarif has said his country will manage to abort anti-Iran sanctions by the US, Press TV reported Monday.

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