Sell-off continued on Monday when the US markets opened for trade on Monday. After a sell-off earlier in the day that saw the S&P BSE
Price of leadership | Business Standard Editorials
The decision of State Bank of India (SBI) to come in as white knight for YES Bank raises several questions. Capital investment at Rs 10
The oil crash | Business Standard Editorials
Brent crude prices cracked 30 per cent in the early hours of trade on Monday, extending the decline to over 45 per cent since the
Coronavirus crisis adds to risks as India battles slowdown, unemployment | Business Standard Column
It is logical to believe that employment conditions in India have deteriorated quite substantially during 2019-20 economic growth has slowed down and investments show no
‘Drugs imported from unregistered dealers cannot be sold to local buyers’ | Business Standard News
Q. We are pharmaceutical manufacturers. We had imported raw material under the advance authorisation scheme to export the final product to USA. Due to business/trade
Why the revival of YES Bank is a herculean task – The Hindu BusinessLine
The distressed private sector bank requires an immediate resolution plan and sizeable capital infusion Months of speculation over the fate of YES Bank came to
The vulnerability of private banks warrants concern – The Hindu BusinessLine
The YES Bank implosion casts doubts on the health of India’s private banks, especially those formed during liberalisation years. The current policy environment validates these
ACB books J&K Cooperative Bank chairman for sanctioning Rs 223 crore in loan to bogus housing society | India News – Times of India
SRINAGAR: The Anti-Corruption Bureau registered on Monday a case against J&K State Cooperative Bank chairman M Shafi Dar for sanctioning a loan of Rs 223
‘Quick resolution of Yes Bank crisis to keep sector contagion at bay’ | Business News,The Indian Express
The central bank has unveiled a draft reconstruction scheme on March 6 for the capital-starved Yes Bank, under which State Bank of India is expected
SBI providing ‘unfair public subsidy’ to Yes Bank owners: Ashok Khemka | Business News,The Indian Express
In a letter to Prime Minister Narendra Modi and Reserve Bank Governor Shaktikanta Das on Monday, IAS officer Ashok Khemka raised several objections to the
Covid-19: A response now will help mitigate impact | Opinion – analysis – Hindustan Times
By now, a number of my friends have asked if we are in panic and overreaction mode to the novel coronavirus outbreak that has spread
What caused global markets to sink–Deccan Chronicle
World markets plunged after global oil prices nosedived on fears the global economy weakened by a virus outbreak might be awash in too much crude.
DH Decipher: Why have oil prices crashed? Why are we still paying the same price? | Deccan Herald
International crude oil prices crashed dramatically on Monday to around $30 per barrel, falling over 50%. This is a sharp decline from around $66 per
Coronavirus crisis can cost world up to $2 trillion: United Nations | Deccan Herald
UN economists warned Monday that the raging outbreak of the deadly new coronavirus could cost the global economy between $1.0 and $2.0 trillion this year
Gold Monetisation Scheme: An unfinished agenda | Deccan Herald
India’s gold demand is met mainly by import which is about 800-1,000 metric tonne (mt) annually and it contributes about 7% of the total import
Mukesh Ambani loses $5.6 billion in a day- Business Today
Mukesh Ambani had a rough Monday as he lost $5.6 billion on the back of severe decline in Reliance Industries’ share price. Ambani’s losses stemmed
बिनचूक ब्रेख्त! –लोकसत्ता
स्टेट बँक, आयुर्वमिा महामंडळ यांतील पैसा लोकांचा आहे.. बेसुमार कर्जे देऊन बुडीत निघालेल्या एका खासगी बँकेला वाचवण्यासाठी तो का ओतला जातो आहे? वर्षभर येस बँक
RBI allays depositors fears, assures safety of deposits – The Economic Times
MUMBAI: The Reserve Bank of India on Sunday allayed fears of bank depositors and assured the safety of their deposits. The banking regulator added that
No improvement: Bailout of Yes Bank reflects all that is wrong with the financial sector and its supervision–Times of India
The bailout last week of Yes Bank by the State Bank of India is the largest of its kind in recent times. For all practical
YES Bank rescue package wards off immediate losses to depositors – The Hindu BusinessLine
But many loose ends remain. With YES Bank skipping recent financial results, it isn’t clear how much capital it will need to fully tide over
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