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CDWP gives go-ahead to Rs5bln projects

Business February 16, 2021 SLAMABAD: Planning Commissions Central Development Working Party (CDWP) on Monday passed two projects worth Rs5 billion and sent three worth Rs53.50 billion to the Executive Committee of National Economic Council (ECNEC) for further deliberation, a statement said. Deputy Chairman Planning Commission Mohammad Jehanzeb Khan chaired the meeting that was attended by senior officials from Planning Commission and Federal Ministries/Divisions, and representatives from Provi...
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European Shares Little Changed Ahead Of Key Data

European Shares Little Changed Ahead Of Key Data BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks struggled for direction on Tuesday as investors kept a wary eye on bond yields and awaited the release of German ZEW survey results and fourth quarter Eurozone GDP data for directional cues. Underlying sentiment was underpinned by falling coronavirus infection rates, successful rollouts of Covid-19 vaccines in many countries and the possible easing of lockdown restrictions in England. The pan ...
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Major bank clamps down on new build lending to investors ahead of LVR changes

Major bank clamps down on new build lending to investors ahead of LVR changes 16 Feb, 2021 04:00 PM 6 minutes to read Loans for housing building are exempt from the loan to value ratio restrictions on bank lending. Loans for housing building are exempt from the loan to value ratio restrictions on bank lending. A major bank has stopped home lending to investors for new builds unless they have at least 40 per cent equity - thats despite new builds being exempt from lending restrictions. ...
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BJP planning to establish party offices in Sri Lanka?

Monday, 15 February 2021 - 13:14 Tripura Chief Minister Biplal Deb has stirred a controversy after he claimed the Indian Union Home Minister Amit Shah has plans to establish a BJP office in Sri Lanka in a bid to internationalise the Bharatiya Janatha Party. This was stated in Indian media reports. The Tripura chief minister has claimed that Amit Shah had shared his intentions of expanding BJP to neighbouring countries during a party meeting in Tripura on Saturday. The Tripura CM recalled a meet...
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