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London Interbank Offered Rate

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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......

Were international gold prices manipulated?

 A new study suggests international gold prices might have been manipulated for the past decade. This has led to calls for changes in the way metal prices are benchmarked. The benchmark is set by......

Five global banks to pay $5.7 bn in fines over rate rigging

 The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks. Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup......

Barclays CEO resigns on interest rate scam

 Barclays Plcon Tuesdaysaid its chief executive officer Bob Diamond has resigned with immediate effect after increasing pressure to step down following global interest rate manipulation scandal.The......

NRIs wary of local deposits with rates outlook clo

 Non-Resident Indians seem disinclined to renewing or making fresh deposits with Indian banks.Senior bankers said till the outlook on interest rates becomes clear, NRIs will remain wary of investing......

GAIL, BPCL get better overseas loan rates

 GAIL India and Bharat Petroleum Corporation, are cashing in on their status quo after the new government put the two public sector undertakings off the divestment list.The companies are using their......

Glazer to delist Man Utd by June 22

 US tycoon Malcolm Glazer plans to delist Manchester United Plc as early as June 22 as part of his 790 million pound ($1.5 billion) takeover of the British soccer giants, his bankers said on......

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 India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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