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Pak army chief fails to meet Saudi crown prince

It seems Saudi Arabia is in no mood to mend ties with Pakistan whose Army Chief General Qamar Javed Bajwa who flew in to Riyadh to placate an angry Saudi leadership failed to secure a meeting with......

Cairn has identified India's assets for seizure in case of non-payment

British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event of New Delhi failing to return over USD 1.7 billion that an......

Best new summer fiction -- Libor

The interest rate that Libor sets is a piece of fiction written by participating banks to suit their purpose, writes Ajit Balakrishnan Last week, I was in New York City and sylvan nearby towns such......

The financial world is a dangerous place

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be......

NRE deposit rate set at 1% over Libor

The Reserve Bank of India on Monday further tightened the interest rate on repatriable non-resident external rupee (NRE) deposits. The move will put rupee (NRE) and dollar (FCNR-B) deposits on a......

Banks in a fix over NRE-Libor linkage

The linking of non-resident external rupee deposit rate to the London inter-bank offer rate has put the banking sector in a quandary even though some banks have already cut rates.The fluctuations......

Late penalty saves Mourinho's Chelsea home record

Eden Hazard scored from the spot in stoppage time to salvage a 2-2 draw for Chelsea against West Bromwich Albion, who were seconds away from inflicting a first Premier League home defeat on a......

EPL: Chelsea go top, Southampton end Liverpool's dream start

Chelsea put a miserable week behind them to return to the Premier League summit with a 2-0 win over Fulham as the wheels came off Liverpool's bright start in a 1-0 home defeat to Southampton on......

Lazio fail to keep pace after draw at Bologna

Fourth-placed Lazio missed the chance to keep pace with leaders Juventus when they were held to a 0-0 draw at struggling Bologna in Serie A on Monday and are now eight points off top spot. Bologna......

Serie A: Juventus maintain lead, Milan win

Marco Borriello bagged his first goal for Juventus as they maintained their three-point lead at the top of Serie A on Wednesday with a 1-0 win over already-relegated Cesena. Borriello's goal on 80......

Salzburg through at PSG's expense

Paris St Germain went out of the Europa League despite a 4-2 win over Athletic Bilbao on Wednesday, losing their place to fellow big spenders Salzburg who fought back to win 3-2 at Slovan......

Rediff News

Libor

News for Libor

Pak army chief fails to meet Saudi crown prince

Cairn has identified India's assets for seizure in case of non-payment

Best new summer fiction -- Libor

The financial world is a dangerous place

NRE deposit rate set at 1% over Libor

Banks in a fix over NRE-Libor linkage

Late penalty saves Mourinho's Chelsea home record

EPL: Chelsea go top, Southampton end Liverpool's dream start

Lazio fail to keep pace after draw at Bologna

Serie A: Juventus maintain lead, Milan win

Salzburg through at PSG's expense

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