The Reserve Bank of India (RBI) on Monday allowed depositors to withdraw up to ₹25,000 from New India Cooperative Bank, over a week after it stepped in to dissolve its board on the back of “supervisory concerns”. “The Reserve Bank, after reviewing the bank’s liquidity position in consultation with the administrator, has decided to allow … Read more
United Nations: The United Nations confirmed Tuesday it had received notification from Washington of its withdrawal from the Paris climate change agreement, a key campaign pledge of US President Donald Trump. “I can confirm to you that the United States has notified the secretary-general, in his capacity as a depository, of its withdrawal on January … Read more
Billionaire Michael Bloomberg announced Thursday that his foundation will step in to fund the UN climate change body after President Donald Trump declared the United States would withdraw from the Paris Agreement for the second time. Bloomberg’s intervention aims to ensure the United Nations Framework Convention on Climate Change (UNFCCC) remains fully funded despite the … Read more