Economy Current Affairs

CCI approves Indiabulls Housing Finance and Lakshmi Vilas Bank merger

Competition Commission of India (CCI) approved the merger of the Indiabulls Housing Finance and Lakshmi Vilas Bank. Lakshmi Vilas Bank is going to merge with Indiabulls Housing Finance . A share swap deal with intent to create a combined entity with a larger capital base and wider geographical reach. After the merger, Indiabulls Housing Finance […]

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SEBI sets up panel to review margins on derivatives

Securities and Exchange Board of India (SEBI) decided to review the current framework of margins. The capital markets regulator set up a working group It is headed by NSE Clearing Ltd. Their aim to look into the issue and submit its recommendations to the Secondary Market Advisory Committee. The significance as lower cost of trading preferred

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Bangladesh emerged as the fastest economy in Asia-Pacific: Asian Development Bank

According to the Asian Development Bank (ADB), Bangladesh emerged as the fastest growing economy among the 45 countries of the Asia-Pacific region. Higher public sector investment, stronger consumption demand, revival in exports, improved power supply and higher growth in private sector credit were the key factors of the high growth performance of Bangladesh. Bangladesh registered

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