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7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
7 mins read
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
4 mins read
SVB Bank failure serves as a wake-up call for Indian startups
The French say "Plus ça change, plus c'est la même chose" - which means that the more things change…
3 mins read
Bloodbath in Indian stocks as trends show below par show by BJP-led NDA; Sensex slumps over 4,000 points
Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, wh…
ANI
2 mins read
SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, U…
2 mins read
RBI shuts down Karad Janata Sahakari Bank — deposits up to ₹5 lakh will be refunded
With the cancellation of licence and commencement of liquidation proceedings, the process of p…
PTI
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
7 mins read
India’s economic rise: How global tech giants are chasing the next big growth engine
India stands as a tech haven amid global turmoil. Major tech firms like Apple, Microsoft, and Meta …
2 mins read
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
3 mins read
Adani Energy Solutions attains financial closure for its $1 bn green loan facility from 9 banks
Adani Energy Solutions Limited (AESL) on Monday announced the financial closure for its $1 billion …
2 mins read
Brent crude oil prices remain under pressure on tensions that risks in global banking sector may spark a recession worldwide
Today as of 2:44 pm, Brent crude prices were at $74 per barrel. The current trend of fall in …
2 mins read
SVB resolution reassuring, will bring relief to startups: IT minister Ashwini Vaishnaw
Amid the US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT mi…
PTI
3 mins read
Silicon Valley Bank depositors will have access to their money starting Monday: US Treasury Secretary
In a step aimed at protecting the US economy by strengthening public confidence in the country's ba…
PTI
2 mins read
Global cues, inflation trends likely to drive domestic equity market: Analysts
The failure of the Silicon Valley Bank, a key funding source for startups in the technology sp…
PTI
3 mins read
Budgeting for the fifth C
The author discusses the five types of global risks and how the last budget conveyed a more serious…
3 mins read
"Welcome, buddy!" Chandrayaan-2 orbiter greets Chandrayaan-3 lander as they establish communication
In a significant development, the Chandrayaan-2 orbiter which was already fixed around the moon est…
ANI
5 mins read
RBI can argue its case on inflation control say experts
The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell …
2 mins read
Ex-ED of Indian Overseas Bank appointed CVC board member on bank frauds
No action can be initiated against top bankers for involvement in suspected frauds before the advis…
PTI
3 mins read
Fitch improves forecast of Indian economy — sees GDP contraction of 9.4% for FY21
"We now expect GDP to contract 9.4 per cent in the fiscal year to end March 2021 (FY21) (+1.1 …
PTI
2 mins read
US condemns attack on Indian Consulate in San Francisco; pledges to defend safety, security
"The United States condemns the attack against the Indian Consulate and any attack against diplomat…