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Cristiano Ronaldo injury: Zinedine Zidane refuses to put time frame on Real Madrid star's return

Cristiano Ronaldo injury: Zinedine Zidane refuses to put time frame on Real Madrid star's return

Sports
Real Madrid manager Zinedine Zidane has refused to put a time frame on Cristiano Ronaldo's absence.The top scoring forward was substituted at half-time in an entertaining 2-2 draw against Barcelona when he injured his ankle.Ronaldo, scored his 25th goal of the season and 42nd in all competitions, when he cancelled out Luis Suarez's opener, but picked up a knock in the process.With the Champions League final against Liverpool three weeks away, Zidane insisted it was too early to speculate about the extent of the injury."I don't know how long he'll be out," he told Real's official website."He said it wasn't much, but we'll see tomorrow."We'll do some tests to see the extent of the damage done to his ankle. He was a little worried because it was a bit swolle...
Finance Ministry said to form panel to frame response to the bitcoin issue

Finance Ministry said to form panel to frame response to the bitcoin issue

Finance
NEW DELHI: The Finance Ministry has formed a new panel to frame response on the bitcoin issue, media reports said on Friday. This came after the breakneck rise in the price of the cryptocurrency this year and the Income Tax Department surveying operations at the major e-currency exchanges across the country. The media report further stated that RBI Deputy Governor B P Kanungo and Sebi Chairman Ajay Tyagi were on the panel. I-T secretary was also made part of the committee among other members. The previous panel had suggested shutting down of those exchanges dealing in cryptocurrencies in the country. On a year-to-date basis, the digital currency has advanced over 1,600 per cent to $ 17,040 on December 15 against $ 1,000 in January this year. The Income Tax Department earlier this wee...
PSBs look to frame common rules to value stressed assets

PSBs look to frame common rules to value stressed assets

Finance
NEW DELHI: The finance ministry is working with state-run lenders to frame a common set of rules for valuation of stressed assets for faster resolution of loans extended by consortia of banks. A senior finance ministry official said a select group of bankers is working to arrive at common rules of valuation. “It has been observed that in cases of joint lending, banks are unable to arrive at a common valuation, which stalls the resolution process. Further, individually, banks also fear that if they agree to a certain haircut, it may not stand the scrutiny of vigilance agencies,” the official said, adding that new norms will address such concerns. The group was formed during ‘PSB Manthan,’ a two-day conclave of PSBs and has representation from all leading banks. A bank executive who is p