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Top News In Kesma Today - Breaking & Trending Today
Andhra Pradesh Anganwadi Workers End 42-Day Strike After Government Agrees to Demands The Andhra Pradesh Anganwadi workers have ended their 42-day strike after the state government agreed to increase wages and provide insurance coverage. Get the latest updates on this significant development. ....
The matter pertains to the Clearing Corporation of India - the Reserve Bank of India (RBI)-supervised body that hosts the platform for trading domestic government bonds. In October 2022, the ESMA had de-recognised the CCIL because the RBI did not permit rights of audit and inspection over the local clearing house, which acts as the official counterparty to billions of dollars of government bond trade. ....
The developments come at a time when European banks are shelling out hefty sums as central counterparty exposures for dealing with the Clearing Corporation of India (CCIL), the RBI-supervised organisation which has found itself at the epicentre of the regulatory logjam between the Indian central bank and the ESMA. ....
Overworked and underpaid, anganwadi workers and helpers in Andhra Pradesh have shown defiance towards the government attempt to blatantly suppress their agitati ....
The continuation of a 14-month tussle with the RBI regarding the oversight of Clearing Corp of India (CCIL) will likely put French and German banks at a severe disadvantage relative to other foreign banks operating in India, especially after the UK formally recognised the local bond clearing house. ....