Tag Archives: sector:

UBI, Srei Equipment Finance enter pact for MSME sector finance

United Bank of India and Srei Equipment Finance have entered into an agreement for financing the MSME and agriculture sectors. Under the pact, UBI would leverage its low-cost loans with Srei to enable purchase of equipment and vehicles in a seamless manner, a statement by the state-run lender said. United Bank MD and CEO Ashok Kumar Pradhan hailed the agreement ... Read More »

Frequent internet bans hit flourishing telecom sector in Kashmir

File Photo The telecom service providers operating in Kashmir are “fearing for the worst” after mobile internet services were again suspended on Saturday, 32nd time since 2012. The mobile internet services and prepaid outgoing was suspended after government forces killed Hizbul Mujahideen commander Sabzar Ahmad Bhat and his associate in Tral on Saturday. “The growth story of JK’s telecom sector ... Read More »

‘Bill to Address Bankruptcy in Finance Sector in Next Parliament Session’

New Delhi: The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs. The proposed bill will cover all financial service providers that include banks, NBFCs and microfinance institutions which have money deposited, a senior finance ministry official has said. New Delhi: ... Read More »

Want to Stop Fascism? Start By Taming the Finance Sector.

It’s budget season, and—like Washington, D.C’s trademark cherry blossoms—a perennial myth about federal finances has re-emerged on Capitol Hill: That only taxpayers pay for the things the government buys. Asked on Morning Joe about cuts to everything from the Environmental Protection Agency to Meals on Wheels, White House budget director Mick Mulvaney went for the heartstrings: “One of the questions ... Read More »

Stay away from the oil sector: Jefferies analyst

Now is not the moment to get into the oil sector, according to one analyst. “I think it’s time to still stay away, I don’t think it’s time to get in yet,” Brad Handler, managing director of equity research at Jefferies, told CNBC’s “Power Lunch” on Monday. Oil prices were down about 4 percent Monday after a Saudi-Venezuela meeting over ... Read More »

Stay away from the oil sector: Jefferies analyst

Now is not the moment to get into the oil sector, according to one analyst. “I think it’s time to still stay away, I don’t think it’s time to get in yet,” Brad Handler, managing director of equity research at Jefferies, told CNBC’s “Power Lunch” on Monday. Oil prices were down about 4 percent Monday after a Saudi-Venezuela meeting over ... Read More »