online lending portal www.psbloansin59minutes.com with majority ownership of 6 Public Sector
Banks (PSBs)/ Financial Institutions (FIs) along with their associated
companies, has been launched which facilitates in principle approval for loans
to Micro Small and Medium Enterprises (MSMEs) upto Rs.1 crore within 59 minutes
features of the portal, inter-alia include enabling borrowers to connect with
multiple banks without visiting the branch, financial technology (FinTech)
based architecture with high level of information security, analysis of data
from various data points, loan products in line with scoring models and
assessment methods within approved credit policies, prima facie eligibility
check for credit guarantee from CGTMSE (Credit Guarantee Fund Trust for Micro
and Small Enterprises), etc.
Diamond Producers Association (DPA), an international alliance of the world's
leading diamond mining companies, announces the appointment of Kristina Buckley
Kayel as Managing Director of its North American division.
Buckley Kayel, who assumes her new role on February 4, 2019, will be
responsible for developing and implementing the DPA’s consumer marketing and
communications strategy, with a focus upon the “Real is Rare. Real is a
Diamond.” platform, as well as represent the DPA in local trades and
organizations within North America. She will report directly to Jean-Marc
Lieberherr, the Chief Executive Officer of the DPA.
Global Services and Dubai Multi Commodities Centre (DMCC) announce Global Commodity
Outlook Conference VI on 10 February 2019 at Almas Conference Center, Dubai
from the Investing in Commodity and Alternative Assets perspective!
traders, fund managers, chief investment officers, investment consultants,
family offices, high net individuals and industry players who want to
understand the trading and investment opportunities in commodity markets are being
use in industrial applications, accounting for approximately 60% of total
silver demand in 2018, is forecast to see a modest decline this year of 1.8%
reaching 585.4 Moz, according to the GFMS / Silver Institute Interim Silver
Market Review, which includes provisional supply and demand forecasts for 2018.
The interim review was released in November at the Institute’s Annual Silver
Industry Dinner in New York City.
for electronic and electrical applications is forecast to continue to drive
robust growth, forecast to expand by 2.8% to 249.6 Moz in 2018. A general rise
in electrical equipment has spurred the need for silver-coated circuity, wires
and switches from a variety of end uses. Following the increased
electrification of powertrains, the automotive sector is taking a lead in this
United States Mint (Mint) will release the 2019 American Eagle One Ounce Silver
Proof Coin (product code 19EA) on January 10, at noon (EST). The coin is priced
exquisite coin is struck on 99.9 percent fine silver blanks at the Mint’s West
Point facility, where it is encapsulated and mounted in a satin-lined blue
velvet presentation case with a Certificate of Authenticity.
obverse (heads) design features renowned sculptor Adolph A. Weinman’s
full-length figure of Liberty in full stride, enveloped in folds of the flag,
with her right hand extended and branches of laurel and oak in her left.
has been an international sensation since she first strode onto the world stage
in 1959 wearing a striped black and white swimsuit. Encouraging girls to reach
for their dreams, Barbie has become synonymous with inspiration, inclusion and
diversity. Over the past 60 years she has embraced more than 200 professions,
countless fashion combinations and a range of different body types, skin tones
years after Barbie has become one of the best-selling toys and collectables of
all time thanks to her ever-expanding wardrobe, range of professions and
entourage of friends. Perfect for fans of all ages, this superb 1oz coloured
coin marks Barbie's 60th birthday with a representation of the icon in her
to inked by the Union Minister of Finance and Corporate Affairs, Shri Arun
Jaitley entitled “Two years of insolvency and Bankruptcy Code (IBC)”, the
Congress left behind the legacy of an anachronic system of resolving commercial
insolvency. The Companies Act had a
provision of winding up a company if it is unable to pay its debt.
the Congress Government had enacted the SICA in the decade of 1980s for
rehabilitation of sick companies. This
applied to companies whose net worth has become negative. The law proved to be an utter failure. Law carried out rehabilitation; several sick
companies got a protective iron curtain against creditors.
States have implemented 75% or more of the 340 reforms based on Implementation
Score in Business Reform Action Plan 2016.In Business Reform Action Plan
2017-18, 18 States have achieved a combined score (Reform evidence score and
Feedback score) of more than 75%.
the row of top achievers who undertakes reforms over 95% are, 1: Andhra Pradesh-98.30,
2: Telangana-98.28, 3: Haryana-98.06. Gujarat is on number 5 with 97.99.
Maharashtra is not in the list of top 10. It attained 13 places with reform
implementation of 92.88%.
will send a team of trade negotiators to Beijing in the week of January 7, to
hold trade talks with Chinese officials, said CER. The delegation will be
headed by Deputy US Trade Representative Jeffrey Gerrish, and will also include
Treasury Under Secretary for International Affairs David Malpass, according to
meeting will be the first face-to-face meeting between the two countries since
Presidents Xi and Trump agreed to a 90-day trade truce during the G20 summit in
Argentina last month. Despite some viewing the renewed talks as another sign of
progress following gestures by Beijing to address US concerns over auto tariffs
and intellectual property, others are sceptical that the truce period will yield
any major breakthroughs.
UAE Africa Gold Convention 2019, is a high level International event attended
by Diplomats, Ministers, top Industry Leaders from gold mines, refineries, jewelers, traders,
import export companies from UAE and Africa is to be held on January 08, 2019
at, Armani, Burj Khalifa, Dubai, organised by DGCX & IBMC.
primary objective of the event is to showcase the entire gamut of Gold trade
and business activities in UAE and explore potential opportunities available to
Gold businesses based in the continent of Africa and UAE. With greater focus on
diversification of the business in the country and the region, the gold
industry will have a greater role to play in the non-oil business in the UAE.
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