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2 mins read

Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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3 mins read

Going to take a digital loan? Read this before you do it

Digital loan providers take money from banks and other financial lenders and route it to people …

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2 mins read

Sebi issues new framework for core settlement guarantee fund, non-defaulting members

New Delhi, Jan 3 () Markets regulator Sebi on Friday came out with a new framework for core settlem…

PTI   


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5 mins read

Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults

The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…

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1 min read

GVK's loss shrinks to Rs 96 crore in Q3

Airports segment of theGVKGroup garnered Rs 1,044crore revenue in the third quarter against Rs 930 …

PTI   


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4 mins read

GST compensation: States say Centre staring at sovereign default; GST Council sees 1st ever voting

New Delhi, Dec 18 () In a development with far-reaching implications, non-BJP ruled states on Wedne…

PTI   


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9 mins read

What is a bond? How to earn a steady stream of income by loaning money to a business or government

Bonds represent the ownership of debt and allow individuals to diversify their portfolios while mit…

Amena Saad   


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8 mins read

The dark side of DINKs: People who want kids but can't afford them

Some DINKs choose to be childfree. Other couples would prefer to be parents but can't afford to hav…

Juliana Kaplan   


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11 mins read

Treasury bonds: What they are, how they work, and how to invest

Treasury bonds include a range of debt securities issued and backed by the US government. They're l…

Kim Porter,Tessa Campbell   


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3 mins read

Why Bill Ackman fears Wall Street's $30 billion rescue of First Republic could have catastrophic fallout

Ackman, a billionaire investor, wants a temporary, systemwide guarantee on bank deposits to restore…

Theron Mohamed   


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2 mins read

First Republic Bank downgraded to junk by S&P and Fitch on risk of clients pulling deposits in the wake of SVB failure

First Republic faces an "elevated" risk of depositors running to reclaim their cash in the wake of …

Carla Mozée   


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3 mins read

Why Silicon Valley Bank's customers were bailed out

Silicon Valley Bank was shut down on Friday. By Sunday, the FDIC backed 100% of its deposits, givin…

Alistair Barr   


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3 mins read

Budget 2023: Funding support, liberal tax regime and other things fintechs expect from the government

Industry estimates show that the Indian fintech industry is likely to reach the $1 trillion mark in…

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3 mins read

How Biden is defending his student-loan forgiveness plan ahead of a federal hearing that could halt the policy this week

A federal judge will hear GOP arguments to block student-debt cancellation this week. Biden says th…

Ayelet Sheffey   


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2 mins read

Shaktikanta Das wants lending apps to 'follow the rules of the game'

Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank sa…

PTI   


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5 mins read

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…

Theron Mohamed   


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5 mins read

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

The UBS-Credit Suisse megadeal could make it tougher for the Fed to fight inflation without causing…

Theron Mohamed   


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4 mins read

Crypto's Lehman moment: Here's how Sam Bankman-Fried's FTX compares to the biggest collapse of the Global Financial Crisis

"The crypto ecosystem has been made fragile by leverage and interconnectedness, just as the traditi…

Phil Rosen   


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2 mins read

Miami and New York top the US in mortgage delinquencies as rates rise in all 50 states

Miami leads the US in mortgage delinquencies for the top 10 metropolitan areas, with New York and L…

Barbara Smith   


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9 mins read

Every American city wanted to be cool. Now they're all just boring copies of each other.

Small American cities used the same playbook to attract big-city refugees: walkable downtowns, craf…

David A. Banks