SC orders RBI to ask banks to release loans to Amrapali homebuyers

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SC orders RBI to ask banks to release loans to Amrapali homebuyers

NEW DELHI: The Supreme Court on Wednesday directed Reserve Bank of India to ask banks to release sanctioned loans to Amrapali homebuyers to ensure availability of funds for construction of stalled projects at the earliest. The court also ordered the …
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Crown Estate Scotland launches investment round for offshore wind

LONDON (Reuters) – Crown Estate Scotland launched on Wednesday the first round of leasing in a decade for offshore wind seabed development to help the country meet its net zero transmission targets. Total investment projects in the round, called …
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OECD sees deepest peace-time slump in a century

PARIS (Reuters) – The global economy will suffer the biggest peace-time downturn in a century before it emerges next year from a coronavirus-inflicted recession, the OECD said on Wednesday. FILE PHOTO: A view of a nearly deserted Broad street and the …
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Frankie and Benny's owner to cut up to 3000 jobs

The coronavirus pandemic has claimed another 3,000 UK jobs after the Restaurant Group confirmed plans to shut 125 of its outlets. The firm said the axe would fall mainly on its Frankie and Benny’s restaurants, but other chains such as Garfunkel’s and …
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Fed easing speculation keeps dollar under pressure

LONDON (Reuters) – The euro held below a three-month high against the dollar amid speculation the U.S. Federal Reserve might announce more steps to check a recent rise in bond yields later on Wednesday. FILE PHOTO: U.S. dollar notes are seen in this …
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