"The UK Civil Service must remain impartial. On this basis, should the rogue civil servant who tweeted (using the official @UKCivilService account) to describe the Prime Minister as "arrogant and offensive, truth twister" be fired from his/her position? Yes or No?" a Twitter user asked. … [Read more...] about ‘Truth Twisters’: UK Civil Service Twitter Feed Posts Message Allegedly Taking Swipe at BoJo
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After six years at the City regulator, when he was knighted, he became director of the London School of Economics. But in March 2011 he stepped down during a furore about the university’s decision to accept funding from a foundation controlled by Muammar Gaddafi’s son, Saif, and other LSE links with Libya. … [Read more...] about Sir Howard Davies returns to his financial roots with RBS job
Giving more breathing room to borrowers repaying loans, the Reserve Bank of India (RBI) today announced an extension of the previously announced three-month loan EMI moratorium by another 3 months to August 31, 2020. The central bank, in March had announced a three-month EMI holiday from March 1, 2020, till May 31, 2020 on all term loan repayments like auto, home, personal loan EMIs and so on. This extension is especially a big relief for home loan borrowers facing a cash crunch due to the nationwide lockdown and its associated adverse financial impact on the economy. So, if you are a home loan borrower who opts to avail of the moratorium extension by 3 months and thereby take a total moratorium of six months, this is how it will impact your EMI schedule and total outgo on the loan amount. Repayment schedule If you opt for the moratorium extension, you need not pay the EMIs for 6 months i.e. March, April, May, June, July and August. However, this does not mean that the six months' … [Read more...] about RBI allows 3 month extension of loan EMI moratorium: Should you opt for it?
Let’s say you are taking (or planning to take) this loan because you have liquidity issues. But after a few months, repayments will begin mandatorily. So, if you believe your liquidity issues will be resolved with certainty very soon, then taking this loan route is fine. But if you have doubts and feel that you will continue to remain under liquidity stress for some more time, then think about it: how will you manage the additional burden of the COVID Personal Loan EMIs? Many are taking these loans hoping to get moratorium extensions. Don’t do that. Your hope cannot be a strategy and it can backfire during tough times. … [Read more...] about Avoid low-interest COVID-19 personal loans, unless strapped for cash
Capgemini sees opportunities for technology services to grow as companies look to cut costs and find new models to tackle the challenges posed by Covid-19 and, according to chief executive Aiman Ezzat, India will be at the centre of this transformation. In his first interview after taking over the top job at the French company last week, Ezzat spoke to ET. Edited excerpts: You have taken helm at a time when global economies are shrinking due to the Covid-19 storm? I'm used to them (economic storms) because I took over as the CEO of our Global Financial Services Unit in January 2009, just at the end of the financial crisis. Yes, it is a storm, but with any big change, there's always great opportunities. This is what our business is made of. What have client conversations been like in the past six-to-eight weeks?We are working with them on how to recast some of the economic (business) models. A lot of the discussions are around either how to help them in short term to reduce their … [Read more...] about India crucial to providing competitive services to cos: Capgemini CEO
Candidates applying for BPSC Judicial service exam need to have qualified in law from a recognised university or institution. In terms of age criteria, applicants should be of 22 years on August 1, 2019 and must not have crossed 35 years on August 1, 2018. The Commission, however, has provided relaxation of age for women and category candidates. … [Read more...] about BPSC Extends Deadline for Application Process of 31st Judicial Services Exam, Last Date is Now June 15