Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-suisse-to-borrow-up-to-54-billion-from-swiss-national-bank-to-boost-liquidity/article66625503.ece Credit Suisse to pre-emptively strengthen its liquidity by borrowing from the Swiss National Bank up to CHF 50 billion under a Covered Loan
👍👍👍Credit Suisse is more relevant to India’s financial system than Silicon Valley Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-suisse-is-more-relevant-to-indias-financial-system-than-silicon-valley-bank/article66625655.ece Given the Credit Suisse’s relevance to India’s banking sector, there would be softer adjustments in assessment of counter-party risks, especially in the derivative
Aadhaar: UIDAI waives online Aadhaar update fees; know more – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/aadhaar-update-know-how-to-update-your-aadhaar-card-for-free-on-uidai/article66625615.ece UIDAI makes online document update in Aadhaar free of cost till June 14. Aadhaar issuing body UIDAI (the Unique Identification Authority of India) has allowed
👍👍👍👍👍Impact of PMLA tweaks on cryptos, FPIs, non-profit companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-impact-of-pmla-tweaks-on-cryptos-fpis-non-profit-companies/article66625691.ece Tweaks aim to give more teeth to money laundering prevention efforts Crypto exchanges come under the scanner of anti-money laundering laws | Photo
FPIs gets 7 working days time to report any changes to SEBI, depository participants – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/fpis-gets-up-to-7-working-days-time-to-report-any-changes-to-sebi-depository-participants/article66625766.ece Presently information needs to furnished forthwith; SEBI notifies changes effective March 14 Foreign portfolio investors (FPI) will get time up to seven working
Microsoft Bing GPT-4 chatbot can now be used by all – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/microsoft-bing-gpt-4-chatbot-can-now-be-used-by-all/article66626474.ece Users can now gain immediate access to the GPT-4 powered chatbot without joining the waitlist Microsoft has removed its waitlist for the AI-powered Bing Chat
👍👍👍👍👍👍👍No case for extending gold ‘hallmarking’ deadline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/no-case-for-extending-gold-hallmarking-deadline/article66623798.ece Hallmarking and assaying centres may have to be increased going ahead Jewellers have been given enough time to comply with the new hallmarking
👍👍👍👍👍👍👍Can Indian banks implode like SVB? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-indian-banks-implode-like-svb/article66623716.ece In SVB’s case the asset-liability gap is huge. India has diversified liabilities in the form of a retail deposit base, while investment portfolios
👍SVB says Goldman Sachs was the buyer of portfolio it booked losses on | Business Standard News
lipped from: https://www.business-standard.com/article/international/svb-says-goldman-sachs-was-the-buyer-of-portfolio-it-booked-losses-on-123031500258_1.html The loss on the portfolio was the reason SVB, a technology-focused lender known as Silicon Valley Bank, attempted a $2.25 billion stock sale
👍👍👍Credit Suisse left in the lurch, sparks selloff across global markets | Business Standard News
Clipped from: https://www.business-standard.com/article/international/credit-suisse-left-in-the-lurch-sparks-selloff-across-global-markets-123031501369_1.html Asked whether Saudi National Bank was open to further cash injections, Chairman Ammar Al Khudairy said “absolutely not.” All it took was a
🙏🙏🙏🙏🙏Time and money for love: China brainstorms ways to boost birth rate | Business Standard News
Clipped from: https://www.business-standard.com/article/international/time-and-money-for-love-china-brainstorms-ways-to-boost-birth-rate-123031501406_1.html China dug itself into a demographic hole largely through its one-child policy imposed between 1980 and 2015 Concerned by China’s shrinking population, political
👍👍👍KPMG stands by audits of Silicon Valley Bank and Signature Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/international/kpmg-stands-by-audits-of-silicon-valley-bank-and-signature-bank-123031600027_1.html Global markets have been bumpy since the collapse of SVB, the biggest U.S. bank failure since the 2008 financial crisis, and Signature Bank
🙏🙏🙏🙏🙏Treasury bill yields plunge as SVB collapse affects interest rate view | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/treasury-bill-yields-plunge-as-svb-collapse-affects-interest-rate-view-123031501031_1.html Short-term instruments, such as T-bills, are extremely sensitive to interest rate expectations After skyrocketing in the first 11 weeks of 2023, yields on
🙏Cos must have audit trail of transactions from next FY | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cos-must-have-audit-trail-of-transactions-from-next-fy-123031501027_1.html Will also have to maintain edit log of changes made in books of accounts; experts say no firm will be able to delete
🙏🙏🙏🙏🙏🙏🙏Google is not just dominant but ‘super dominant’, CCI tells NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-is-super-dominant-and-not-just-dominant-cci-tells-nclat-123031501159_1.html Argues that competition law puts onus on Google not to abuse its dominant position and not allow its conduct to impair genuine undistorted
🙏🙏🙏🙏🙏Inflation: Central banks can’t fix the mess that politicians have created | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-central-banks-can-t-fix-the-mess-that-politicians-have-created-123031400288_1.html Only politicians can fix the problem because, contrary to public belief, it is they who create money, not central banks It is quite
What is ChatGPT-4 and how to use it right now: Everything you need to know | Business Standard News
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
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