Business. In berlin welcome customers of india. Outside branches to get their deposits out he is now under direct control of the reserve bank of india. U. S. Bank is indias 5th Largest Private Bank and has undergone steady decline over recent months largely due to its failure to raise capital to address loan losses and downgrades in response the reserve bank of india has placed yes under a moratorium wants to find a solution to the problem until then customers can only withdraw 50000. 00 rupees a month from their accounts thats around 600. 00 euros that decision has had a major impact on the u. S. Banks stuck with shares ending the day 56 percent low on the Stock Exchange lets bring in. Christian and hes in associate editor scrolling and joins us now from delhi and. Do us customers really have to worry about their savings or will the state help out in case the bank goes under. The theres no indication that deposit does have any reason to be watered the government has moved quickly to s
Good morning, this is bloomberg daybreak europe. I am tom mackenzie. Stocks in asia make china weaker despite reporting a surge in exports after the fed chair jay powell keeps the door open to Interest Rate cuts before the end of the year. We believe that our policy rate is likely at its peak for this tightening cycle. If the economy evolves broadly as expected it would be appropriate to begin dialing back policy restraint later this year. Tom it investors look to europe with the ecb said to deliver its latest Rate Decision and new economic forecasts. Yemens houthi rubble strike a commercial ship killing three crew members an escalation of the red sea crisis. From geopolitics to the earnings story, we are looking at what is causing in terms of lufthansa, the redhead on the terminal, adjusted ebita on prior year levels, so they expect on the forecast. You will get a repeat of what came true in terms of earnings for 2024. In terms of revenue for the fourth quarter, 8. 7 seven 6 billion e
Well. Its wednesday, february 6, 2013. Squawk box begins right now. Good morning, welcome to squ squawk box on cnbc. Becky quick is under the weather. Hope you feel better. Joe is off, steve leaseman here, as well. Our guest this hour, Yahoo Finance senior columnist steven kohey. A lot to discuss about the markets. Stocks rallying to wipe out most of the previous session losses. Check out the socalled ear gauge. The vix as we call it, tumbling below 14. Then in the next hour, something a little different on squawk box this morning. Were going to be joined on set by three wellknown names on wall street. Blair ephron, roger altman. And honeywell chief david cody y. These guys . All three have been sitting in on regular Conference Calls with the white house. Theyre among the leaders the Obama Administration is turning to for advice on everything from the deficit to taxes to the broader economy. Then, after we talk to them, theyre going to paint a picture for us, were going to turn to two
For the first time, more Indian patents filed, say experts : Rashtra News #time #Indian #patents #filed #experts Bangalore, Chennai, Delhi region, Pune are emerging among the world’s leading innovation clusters: Vinod Surana Bangalore, Chennai, Delhi region, Pune are emerging among the world’s leading innovation clusters: Vinod Surana For the first time in over a
Office assets still attractive; Ascendas has pumped in Rs 7,300 cr in 2021: Sanjeev Dasgupta, CEO, Ascendas Property Fund Trustee Pte : Rashtra News #Office #assets #attractive #Ascendas #pumped #Sanjeev #Dasgupta #CEO #Ascendas #Property #Fund #Trustee #Pte What tenants are looking out at present is a certain flexibility in their workspace planning. However, no one