Liquidation

  • RBI to unveil credit policy review, interest rate may remain unchanged August 5, 2014

    The Reserve Bank of India will come out with its credit policy review on Tuesday. It is likely to maintain status quo on interest rate in its bi-monthly monetary policy review. The central bank may prepare ground for an easier rate regime by introducing some liquidity enhancing measures. In spite...
  • Liquid Leap: Acer to launch its first wearable device next week May 30, 2014

    Taipei: Taiwan's leading personal computer maker Acer announced that it will debut its first wearable device at the upcoming Computex trade show before shipping the products later this year. Liquid Leap, a one-inch touch-screen smartband with fitness tracking, phone and SMS notification and music control, will be sold together with the...
  • Acer unveils budget smartphone Liquid Z5; features a 5-inch display, 5MP camera January 5, 2014

    New Delhi: Acer unveiled the Acer Liquid Z5, a budget smartphone that features a 5-inch screen with a 16:9 aspect ratio. It is 8.8mm thick and has rounded edges. The phone's front speaker is claimed to have DTS tuned sound for a richer audio experience. It is encased in a glossy...
  • Huge cache of explosives seized in Giridih November 26, 2013

    Explosive powder kept in sacks and liquid explosives were seized by police on Tuesday in Jharkhand's Giridih district, officials said. Police raided a place in Bhelwaghati area of Giridih, around 270 km from Ranchi. The items seized include 10 sacks of explosive powder and one drum of liquid explosives. Officials said many...
  • Rupee gains slightly, opens at 61.68 vs US dollar October 8, 2013

    Mumbai: The rupee on Tuesday recovered by 11 paise to 61.68 against the dollar in early trade at the Interbank Foreign Exchange market amid a higher opening in the stocks. Sentiments turned buoyant after RBI on Monday cut the marginal standing facility (MSF) rate, at which it lends emergency funds to...
  • SBI increases its minimum rate of lending to 9.80 per cent, makes loans costlier September 19, 2013

    The country's largest lender, State Bank of India, on Thursday said it increased its base rate, or the minimum rate of lending, to 9.80 per cent, a day ahead of the RBI's policy review. "State Bank of India has revised the base rate by 0.10 per cent from 9.70 per cent...
  • Bankers want RBI to cut rate, release liquidity September 17, 2013

    With peak festival season around the corner, bankers are pressing for a cut in CRR and policy rates by the Reserve Bank in its monetary policy later this week to boost demand for manufactured goods and revive sagging economic growth. "We have made our recommendations for releasing the liquidity, making it...
  • Acer announces 6-inch Liquid S2, first smartphone with 4K video recording September 2, 2013

    New Delhi: Acer has announced that it will unveil its new 6-inch Liquid S2 smartphone at IFA 2013, which will start from September 6. The phone has a 6-inch full HD IPS display and is equipped with 4K recording capability. The smartphone has a 13 megapixel rear camera with an...
  • As rupee plunges to a new low, RBI takes steps to curb its volatility August 20, 2013

    Mumbai: Worried over a spike in interest rates in the wake of steps to support the falling rupee, the Reserve Bank of India (RBI) on Tuesday announced a slew of measures, including Rs 8,000 crore bond buyback, to ease liquidity and ensure adequate credit flow to the productive sectors of...
  • Liquid S1: Acer's first phablet with a 5.7-inch display announced June 3, 2013

    New Delhi: Acer has launched its first phablet Liquid S1 at Computex 2013. The phablet has a 5.7-inch 1280 x 720 display. The phone runs Android 4.2 Jelly Bean, and is powered by a quad-core 1.5 GHz processor. The smartphone supports 720p videos. It has 1GB of RAM and 8GB of...
  • RBI to use all options, including CRR, to manage liquidity May 7, 2013

    Mumbai: Reserve Bank Governor D Subbarao on Monday said the Reserve Bank will consider all options available, including reducing the cash reserve ratio (CRR), to manage liquidity in the system. "The assumption that OMOs will be the preferred tool is wrong. Don't go with that assumption. We will use all...
  • Acer Liquid E2 with quad-core processor, Android Jelly Bean announced April 25, 2013

    New Delhi: Acer has unveiled its new smartphone named "Liquid E2". This is the latest addition to the lineup and the third smartphone Acer launched since the beginning of the year. The phone has a 4.5-inch qHD display based on IPS technology. The Liquid E2 is the first Acer quad-core...
  • Investor pessimism in India overdone: Deutsche Bank March 25, 2013

    Mumbai: Deutsche Bank believes the recent investor pessimism in India is overdone and sticks to its BSE Sensex target of 22,500 by the end of December. Deutsche says the government may shift to executive decisions to pass its agenda, focusing on actions that do not require parliamentary approval, thus reducing...
  • Liquidity deficit in comfort zone: RBI's Gokarn December 7, 2012

    Kolkata: The Indian banking system liquidity deficit is within comfort zone and the Reserve Bank of India will take more steps to address the deficit if needed, its Deputy Governor Subir Gokarn said on Friday. "An OMO (open market operation) gives us the flexibility to respond in very short order to...
  • All my mistakes and lessons are in my book: Besseling June 11, 2012

    "I'm not interested in her divinity, I'm interested in her humanity." He's travelled to more than 35 countries, lived in India for a few years, and avoids the usual cliches, as he chronicles his adventures, mis-steps and some serious drug-laden trips, writer and artist Dave Besseling tells IBNLive more about his...
  • Dunlop challenges appointment of provisional liquidator March 29, 2012

    Kolkata: Dunlop India Ltd on Thursday moved an appeal before the Calcutta High Court challenging an order appointing a provisional liquidator on the assets of the company. A division bench comprising Justice KJ Sengupta and Justice Joymalyo Bagchi, taking up the appeal, directed that the provisional liquidator would work as...
  • RBI surprises all with 75 bps CRR cut March 9, 2012

    Mumbai: Ahead of the mid-quarter monetary policy on March 15, the Reserve Bank of India (RBI) stepped in to ease the tight liquidity conditions in the system. It slashed the cash reserve ratio (CRR) by 75 basis points to 4.75 per cent. The market was expecting a cut of 50...
  • Debt relief: A time for forgiveness December 27, 2011

    This article appeared on the parent Website on December 23 at 8:21 pm By Martin Sandbu As Christmas Eve dawns, the tent hamlet that popped up in front of St Paul's Cathedral more than two months ago is still there. Today, the mood in the London outcrop of the global Occupy movement...
  • Bullet-proof liquid armour for British troops January 14, 2011

    London: British troops would be donning new bullet-proof jackets made from a secret liquid substance that experts say can absorb the force of a shrapnel by thickening and hardening instantly on impact. Defence chiefs believe that the revolutionary new form of body armour nicknamed "bullet-proof custard" will offer greater protection for...
  • Moon has liquid core just like Earth January 9, 2011

    London: The Moon has a liquid core similar to Earth's, a study has found. It came to light when scientists used contemporary techniques to study the signals from the seismic sensors left on the lunar surface by Apollo astronauts in 1971, Daily Mail reported Friday. Scientists at NASA applied contemporary seismological...
  • 'Untouchable' now on Apple iPad November 25, 2010

    New York: Liquid Comics, an entertainment company founded by three Indians, has announced the digital iPad release of "Untouchable", an original graphic novel exploring various themes of racial prejudice during the British Raj with a supernatural horror twist. A printed edition of the novel by acclaimed writers Mike Carey (X-Men, Lucifer,...
  • UK liquid-bomb plotters sentenced to life in prison September 14, 2009

    London: Three British Muslim extremists were all handed life sentences on Monday after being found guilty last week of plotting to blow up transatlantic passenger aircraft with home-made liquid bombs. The 28-year-old ringleader of the group, Abdulla Ahmed Ali, was given a minimum of 40 years in prison, while his accomplices...
  • 10 killed, 50 injured as freight train explodes in Italy June 30, 2009

    Viareggio (Italy): At least 10 people were killed and 50 injured after a freight train derailed and two railway cars filled with liquid gas exploded at a station in the Tuscan port city of Viareggio early on Tuesday. Fire officials said the gas tankers derailed and exploded shortly after midnight, and...
  • Help dad plan his retirement March 20, 2009

    Going grey certainly has its advantages. Senior citizens' discount for air travel, grandchildren to indulge, best seats on the bus, the old cronies club and lazy mornings. It's Sunday and sunshine 365 days of the year. But only if they don't have money on their mind. So if your dad hasn't...
  • Global recession could hamper India's growth: RBI October 25, 2008

    New Delhi: The Reserve Bank has painted a grim picture of the Indian economy in the coming months. A day after scaling down the economic growth to 7.5-8 per cent in the credit policy, RBI Governor Duvvuri Subbarao says that if the global recession continues, growth will fall...
  • Global recession could last longer: Stocks expert October 15, 2008

    New Delhi: The government’s moves coming in quick succession of each other have made experts sit up. On Tuesday, the government injected Rupees 20,000 crores into the system and followed it up with a whopping CRR cut, on Wednesday. CNN-IBN’s Stocks Editor, Udayan Mukherjee spoke about whether these were measures to only...
  • RBI reinvents game, more cash poured in to beat crunch October 15, 2008

    New Delhi: The Reserve Bank of India (RBI) tries to and continues to be the bank that never sleeps. Realising that extraordinary times require extraordinary measures, the RBI has cut the Cash Reserve Ratio (CRR) by a percentage point. CRR is the percentage of money that a bank needs to...
  • RBI cuts CRR by 1 pc, releases additional Rs 40K cr October 15, 2008

    Mumbai: The Reserve Bank, on Wednesday declared a further cut by one per cent, the amount of mandatory cash that banks need to park with it. The move would unlock Rs 40,000 crore into the financial system and pave the way for lower lending rates. This is the third time...