Syndicate Bank stock falls to nine-year low after lender reports highest ever quarterly loss

The Syndicate Bank stock fell to more than a nine-year low level in trade on Wednesday after the public sector lender reported its biggest ever quarterly net loss of Rs 2,195.12 crore in Q4 ended March 31, due to high bad loans that required higher provisioning. The bank had posted a net profit of Rs […]

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Total set to pull out of Iran gas deal without sanctions waiver

French energy giant Total is preparing to pull out of a billion dollar gas project in Iran in the face of renewed US sanctions. Total said it will unwind operations by November unless sanctions are waived. Washington is re-imposing strict sanctions on Iran, which were lifted under the 2015 deal to curb the country’s nuclear ambitions. […]

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Trump financial disclosure: What did we learn?

The US has published President Donald Trump’s annual financial disclosure report, providing a glimpse of how the businessman’s far-flung dealings fared during his first year in office. The disclosure shows millions in 2017 income from rents, licences, book and television royalties, company shares, hotel management fees and golf courses. He also had pensions, including $64,804 (£48,000) […]

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Step-by-step guide on how to link Aadhaar with insurance policies

Linking of Aadhaar with insurance policies has been made mandatory. Though the government has extended the timeline to link your Aadhaar details with financial services from 31st December 2017 to 31st of March 2018, still it needs to be done. Problems might arise with claim settlements if the insurance policies are not linked by the given deadline. […]

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