In a surprising capitulation to Nick Xenophon, the Coalition agrees to provide Australian businesses an advantage in competing for taxpayer-funded initiatives in a deal that clears the way in which for the ABCC laws to cross. NEW DELHI: India remained the fastest growing major economic system with its Gross Domestic Product (GDP) accelerating to lower-than-expected 7.3% in the September quarter, pushed mainly by farm output, though the momentum may be hit in the coming months by the impression of demonetisation.\n\nCHANDIGARH:Within two weeks of Prime Minister Narendra Modi asserting the demonetisation of Rs 1,000 and Rs 500 notes, deposits in Jan Dhan accounts in the Northern region comprising Chandigarh, Punjab, Haryana, Himachal Pradesh and Jammu & Kashmir have risen by over 57%.\n\nCHANDIGARH: To facilitate financial inclusion of employees who haven’t any bank account as of now, the Finance Ministry has asked the Indian Banks Association (IBA), CMDs and CEOs of all public sector banks to open bank accounts of all the un-banked folks by November 30, 2016.\n\nThe chairman of the California Senate’s banking committee blasted Wells Fargo on Monday for failing to answer questions in regards to the bank’s accounts scandal and for not sending Chief Govt Tim Sloan or another representative to a committee hearing.\n\nThe cost of a fundamental Thanksgiving meal for 10 folks dropped 24 cents, to $49.87, due to the first annual deflation in food prices in practically half a century, in accordance with the American Farm Bureau Federation and U.S. Department of Agriculture.
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Britain’s Funding for Lending Scheme (FLS) was launched by the central bank and financeministry last June to help development by offering banks low-cost funds if they stepped up lending to residence-patrons and small and medium-sized businesses. Mr. Hermance’s […]