Govt Appoints 10 Public Sector Bank Chiefs, SBI CEO

Gold Silver Reports (GSR) – Five of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI. Mahapatra and Chundru will have tenure till the date of their superannuation, i.e. May 31, 2020 and August 31, 2021, respectively, the order issued by the personnel ministry said.      

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Chinese New Tariffs Will Be On $60Bln Worth Of US Goods

The tit-for-tat measures are the latest escalation in an increasingly protracted trade dispute between the world’s two largest economies.

China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.

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