Category: News of interest

Clipped from: https://www.business-standard.com/article/international/svb-financial-group-seeks-bankruptcy-protection-for-reorganisation-123031700992_1.html Shares of big US banks fell between 1.5% and 2% in premarket trading on Friday SVB Financial Group said on Friday it filed

Clipped from: https://www.business-standard.com/article/finance/as-liquidity-tightens-rbi-injects-rs-1-trn-largest-infusion-in-4-years-123031700981_1.html Tighter liquidity conditions have resulted in sharp rise in money market rates With the onset of corporate advance taxes leading to significant outflows

Clipped from: https://www.business-standard.com/article/companies/tcs-infosys-have-highest-exposure-to-us-regional-banks-jpmorgan-123031700610_1.html Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are

Clipped from: https://www.business-standard.com/article/international/yellen-says-us-banking-system-remains-sound-after-decisive-actions-123031601273_1.html The government took decisive and forceful actions to strengthen public confidence in the US banking system, Yellen said in testimony before the committee

Clipped from: https://www.business-standard.com/article/markets/markets-regulator-sebi-tightens-timelines-for-fpi-disclosures-123031601304_1.html Amended FPI regulations give watchdog more powers to seek vital info from overseas funds The Securities and Exchange Board of India (Sebi) has notified stricter

Clipped from: https://www.business-standard.com/article/economy-policy/gst-panel-plans-to-come-out-with-classification-of-millet-based-products-123031601110_1.html The panel will likely propose the classification at the next GST Council meeting, which is expected to be held at the end of

Clipped from: https://www.business-standard.com/article/economy-policy/crisil-expects-a-moderation-in-india-s-fy24-gdp-growth-md-ceo-mehta-123031601024_1.html Amish Mehta discusses the factors behind this downgrade and road ahead for the Indian economy Rating agency CRISIL expects a moderation in India’s gross domestic

Clipped from: https://www.business-standard.com/article/economy-policy/amidst-global-uncertainty-need-to-keep-margins-of-safety-cea-123031600925_1.html IMF’s latest estimates for global growth appear outdated, he says Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday flagged the rising global

lipped from: https://www.business-standard.com/article/technology/what-is-chatgpt-4-and-how-to-use-it-right-now-everything-you-need-to-know-123031500366_1.html ChatGPT-4 is more accurate, creative and collaborative than the previous iteration, ChatGPT-3.5, and “40% more likely” to produce factual responses It’s been a

Clipped from: https://www.financialexpress.com/investing-abroad/featured-stories/svb-depositors-can-access-funds-from-today-ten-things-to-know-about-silicon-valley-bank-resolution/3007707/ Here are the key highlights of the joint statement issued by the Department of the Treasury, Federal Reserve, and FDIC on the SVB

Clipped from: https://maharashtratimes.com/editorial/silicon-valley-bank-in-america/articleshow/98594482.cms अमेरिकेतील सिलिकॉन व्हॅली बॅंक बंद झाल्याने जागतिक बॅंक क्षेत्रात मोठी खळबळ उडाली आहे. आजचा अग्रलेख : बुडितांचे तिमिर जावो! अमेरिकी अर्थकारण आणि बँकिंग

Clipped from: https://www.business-standard.com/article/finance/indian-govt-bonds-surge-as-svb-collapse-casts-doubt-on-fed-rate-hike-123031300513_1.html Yield curve steepens in line with US bonds as Fed seen slowing down on hikes Indian government bonds, particularly those of shorter maturity,

Clipped from: https://www.business-standard.com/article/economy-policy/msme-competitive-scheme-part-of-efforts-to-strengthen-sector-pm-modi-123031300426_1.html Under the revamped scheme, the Centre’s contribution will be 90 per cent of the implementation cost for hand holding and consultancy fees as

Clipped from: https://www.business-standard.com/article/economy-policy/retail-inflation-above-6-in-february-may-trigger-another-rate-hike-123031301144_1.html Experts see 25 bps hike in April; say wheat output may dip due to heat wave; El Nino may emerge as key determinant

Clipped from: https://www.business-standard.com/article/economy-policy/we-need-to-decouple-from-global-interest-rate-actions-cii-s-sanjiv-bajaj-123031301073_1.html Inflation is coming under control. You’ve got all the right tailwinds for growth. And so we hope that RBI will take a pause

Clipped from: https://www.business-standard.com/article/companies/ibc-provisions-cannot-be-turned-into-debt-recovery-proceeding-nclat-123031300927_1.html NCLAT said the provisions of the Insolvency & Bankruptcy Code cannot be turned into a debt recovery proceeding as the idea of this

Clipped from: https://www.thehindubusinessline.com/markets/commodities/crude-oil-prices-up-as-svb-failure-lowers-fears-of-rate-hikes-in-us/article66613387.ece Market hopes US Fed will change its hawkish tone on interest rates Crude oil went up on Monday morning as the banking crisis