Sauk valley bank trust company

Divestment and Economic Affairs Secretary Atanu Chakraborty told ETCFO in an exclusive interview. He also said that the government’s consideration to hive off NPAs to make PSU assets lucrative cannot be used as a common strategy. On the proposal of large industrial houses owning banks, he said, that is fraught with systemic risks. The former finance ministry official also stressed it’s time that bureaucrats handling disinvestments get protected by law. Edited Excerpts. Q: How can the government make Public Sector Banks “sellable”? Atanu Chakraborty: Bank privatization is one of the boldest political decisions on the economic front in recent times. There are multiple steps that the government can take to ensure the smooth sale of Public Sector Banks. First, it must aim to resolve all outstanding legal issues. Otherwise, the privatization would run into legal hurdles, as happened in case of oil PSUs almost two decades back. This would call for certain amendments in the ... » Learn More about How should Sitharaman sell PSU banks in style? In conversation with Ex DIPAM Secy Atanu Chakraborty

Apart from making a phenomenal cooling and scrumptious drink, hibiscus is a surprisingly better expansion to natural hair and healthy skin. For the hair, hibiscus is a delicate cleaning agent (marginally on the acidic side of unbiased), and a molding spice that helps reduce the hair fall by reinforcing and molding the roots, enhances shine, adds volume, adds a rosy color to the hair (more noticeable on lighter hair), advances hair development, and assists with scalp problems. It is likewise incredible as a delicate scalp scrub. So, here are some of the best hibiscus powders for your hair: Hibiscus Powder Features Just Jaivik Organic Hibiscus Flower Powder Protects hair from breakage Indus Valley Organic Hibiscus Powder For both hair and face Luxura Sciences Hibiscus Powder Makes hair thicker Forest Herbs 100% Natural Organic Hibiscus Powder Prevents premature graying Khadi Omorose Hibiscus Flower Powder Prevents hair loss ... » Learn More about Trust hibiscus powder for stronger, shinier hair; prevents hair loss

New Delhi: India's conglomerate Reliance Industries has partnered with Facebook Inc, Google and fintech player Infibeam to set up a national digital payment network, Economic Times newspaper reported on Saturday (February 27), citing unnamed sources. Last year, India's central bank invited companies to forge new umbrella entities (NUEs) to create a payments network that would rival the system operated by the National Payments Council of India (NPCI), as it seeks to reduce concentration risks in the space. Set up in 2008, NPCI is a not-for-profit company, which as of March 2019 counted dozens of banks as its shareholders, including the State Bank of India , Citibank and HSBC . It processes billions of dollars in payments daily via services that include inter-bank fund transfers, ATM transactions and digital payments. Citing three unnamed sources, India`s leading business daily Economic Times said that the group led by Reliance and Infibeam was in the advanced stages ... » Learn More about Reliance ties up with Google, Facebook for national digital payment network

Video Player Close HEFEI, Feb. 28 (Xinhua) -- Anhui, a major agricultural province in eastern China, achieved a gross domestic product growth of 3.9 percent in 2020, ranking the fourth-fastest among provincial-level economies in China by industrial upgrade. The province is one of the epitomes of China's high-quality development in recent years featuring flourishing emerging industries and scientific innovation. The changing electricity consumption of different industries during the past decades is an obvious indicator of its transformation. Data from the State Grid Hefei Power Supply Company showed that emerging industries including computer, communications and other electronic equipment manufacturing became the main electricity users in Hefei, capital of Anhui, in 2020, with leading Chinese display producer BOE Technology Group Co. Ltd. being the biggest user. Back in 2010, the top 10 list, however, was dominated by industries including chemicals, and ferrous metal ... » Learn More about Economic Watch: China’s agricultural province achieves industrial upgrade with innovation

MUMBAI: A vaccine for Covid is out now. But sadly, there seems to be no cure yet for the misinformation being spread around the disease. And the ‘infodemic’ of coronavirus misinformation, which is rampant on social media, seems to be finding new avenues to spread. Registration of domain names (representing corporate identity/brand on the internet) have been witnessing a surge, and are increasingly being used to spread misinformation, and engage in illegal and fraudulent activities. Strangely so, the surge in Covid cases seems to have fuelled the trend, with a spike witnessed in cybersquatting cases. Cybersquatters are using terms like Covid-19, corona, drugs and vaccine within the disputed domain name for spreading widespread rumours, false information and misinformed campaigns, a World Intellectual Property Organization (WIPO) official told TOI. Simply put, cybersquatting is the abusive registration of trademarks as domain names, where an individual or company attempts to ... » Learn More about Domain of cheats: Cybersquatters using Covid to spread infodemic

Approached by cyber cheats, he opened a demat account and transferred money online. The newly set-up South Region Cyber Police station of Mumbai Police has arrested three persons from Indore in Madhya Pradesh for allegedly duping people by posing as stock traders in share markets . The three are graduates, with one of them holding an MBA degree. According to police, the trio ran a scam, luring people on social media into investing in the share markets for ‘high returns’. The police said the accused had contacted the victim via social media in November last year. He was asked to fill a form with his personal details for opening a demat account and start trading in share markets, if interested. After filling the form, the engineerreceived a call from a person who told him that he would be handling his account. The caller collected documents from him and induced him into paying a ‘processing fee’ for opening the account. The caller then asked him to transfer the money ... » Learn More about Engineer loses Rs 17.85 lakh to fake stock traders

New Delhi: The initial public offer of telecom infrastructure provider RailTel Corporation of India was subscribed 2.64 times on the first day of subscription on Tuesday. The Rs 819.24-crore offer received bids for 16,13,74,220 shares as against 6,11,95,923 shares on offer, as per an update on the NSE. The category meant for non-institutional investors was subscribed 75 per cent and those for Retail Individual Investors (RIIs) got subscribed 4.99 times. The public issue is of 8,71,53,369 equity shares and the price range is Rs 93-94 per share. The company has raised Rs 244 crore from 14 anchor investors. It included participation from UK-based Aurigin Capital via its Aurigin Master Fund and Utilico Emerging Markets Trust, Reliance Capital-managed Cohesion MK Best Ideas Sub-Trust, Singapore-based Integrated Core Strategies Asia and Goldman Sachs India. Domestic investors like HDFC Life Insurance Company, ICICI Prudential MF, Aditya Birla Sun Life Insurance, Tata ... » Learn More about RailTel IPO subscribed 2.64 times on first day, offer ends on February 18

The Tirumala Tirupati Devasthanams on Saturday approved its annual budget for 2021-22 with an estimated revenue of ₹2,937.82 crore. Even though the temple hundi topped the receipts table with an estimated income of ₹1,131 crore, it is, however, less by ₹220 crore compared with the previous year budget estimates of ₹1,351 crore. The interest on investments, which was the second major source of income, was pegged at ₹533.10 crore as against the revised estimates of ₹738.18 crore last year owing to drastic reduction in the bank interest rates. Other receipts include ₹375 crore to be earned by way of sale of prasadams and darshanam receipts of ₹210 crore. Kalyanakatta receipts ₹131 crore, accommodation and kalyana mandapam ₹93 crore, loans and advances to employees, EMD, Security deposits ₹66.78 crore, arjitha receipts ₹70 crore, trust receipts ₹50 crore. rent, electrical and water charges ₹42 crore, publication ₹22.15 crore and ₹23.50 crore by way of other miscellaneous receipts. ... » Learn More about TTD okays budget of ₹2,937.82 crore for 2021-22

New Delhi: To enhance trade at Chabahar port in Iran, Jawaharlal Nehru Port and Deendayal Port are offering discounts on the vessel and cargo charges , as per the Ministry of Ports, Shipping and Waterways. Located in Sistan-Balochistan province on the energy-rich Iran's southern coast, the port is being developed by India, Iran and Afghanistan to boost trade ties. Chabahar Port lies outside the Persian Gulf and is easily accessed from India's western coast, bypassing Pakistan. "To promote Shahid Beheshti Port of Chabahar, Iran Jawaharlal Nehru Port and Deendayal Port are providing discounts on Vessel related charges and Cargo related charges for the vessels going and arriving from Shahid Beheshti," according to the ministry. For the past six months, a 50 per cent discount on terminal handling charges for transit containers has also been granted. "The flow of bulk cargo is steady. Transit cargo from Afghanistan is now picking up. The Shipping line has assured us of ... » Learn More about JNPT, Deendayal ports offer discounts on vessel, cargo charges to boost trade at Chabahar port

Consumption of packaged consumer goods is set to double in India with the bottom-of-pyramid segment shrinking, younger people coming into the workforce, the divide between rural and urban consumers diminishing and a meteoric rise of the digital workforce, Nestle India chairman Suresh Narayanan said on Friday. Narayanan, who leads India’s largest packaged foods company, said 140 million households are expected to be added to the aspiring and affluent set of consumers by 2030, which is "clear indication" of the growth potential of packaged consumer-facing brands. He said growth in rural and semi-urban India continues to outpace that of urban markets, and the resilience is likely to sustain. Urban markets faced the brunt of the pandemic, severely impacted with widespread disruption of supply chains, curtailed manufacturing and reverse migration of the labour force. “We are starting to see signs of improvement in urban India which was severely impacted because of lockdowns and ... » Learn More about Consumption of packaged consumer goods set to double in India: Nestle India chairman