Month: March 2023

lipped from: https://economictimes.indiatimes.com/news/international/business/bank-panic-raises-specter-of-2008-may-bring-lasting-change/articleshow/98761573.cms Synopsis In the space of a week, two U.S. banks have collapsed, Credit Suisse Group AG needed a lifeline from the Swiss and

Clipped from: https://economictimes.indiatimes.com/news/international/business/us-fed-may-consider-a-pause-as-svb-fallout-roils-markets/articleshow/98781289.cms Synopsis Fed chief Jerome Powell likely to face questions this week around central bank’s supervision of SVB and other struggling entities. Federal Reserve officials

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-dept-to-scrutinise-i-t-mca-data-to-identify-entities-not-paying-taxes/articleshow/98780285.cms Synopsis Currently, there are 1.38 crore registered businesses and professionals under the Goods and Services Tax (GST), which was launched on July 1,

Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/meta-launches-paid-subscriptions-for-instagram-facebook-in-the-us/article66637941.ece Meta Verified on Instagram and Facebook is priced at $14.99 on mobile. Meta CEO Mark Zuckerberg announced the rollout of the company’s Meta

Clipped from: https://www.thehindubusinessline.com/money-and-banking/mid-size-us-banks-ask-government-to-protect-all-deposits-report/article66638150.ece The Mid-Size Bank Coalition of America said the move would halt the exodus of deposits from smaller banks, stabilise the banking sector and

Clipped from: https://www.thehindubusinessline.com/economy/russian-oil-imports-to-india-to-hit-a-plateau/article66638543.ece Spare Russian capacity, earlier marked for European Union, is almost exhausted, say analysts There is not much extra crude export capacity available to

lipped from: https://www.thehindubusinessline.com/opinion/modernising-insurance-fraud-detection-tools/article66639343.ece Staying informed on the latest developments is critical for detecting new fraud trends An effective way to counter fraud is through effective data

Clipped from: https://www.thehindubusinessline.com/money-and-banking/global-central-banks-open-daily-dollar-taps-to-help-banks/article66639961.ece The coordinated move, reminiscent of the global financial crisis of more than a decade ago, will see the Federal Reserve and the central

Clipped from: https://www.thehindubusinessline.com/money-and-banking/ubs-to-buy-for-32-billion-to-rein-in-turmoil/article66639964.ece The Swiss Federal Council, a seven-member governing body, passed an emergency ordinance allowing the merger with UBS without shareholders’ approval. Federal Councillor and

Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-mulls-hiving-kotak-811-as-subsidiary/article66639039.ece Jay Kotak likely to head the payments arm If spun off into a subsidiary, the digital platform can have its own funding sources