Banks across the US are sitting on $620 billion of 'unrealized losses' -- assets which have decreased in value but have not yet been sold -- the head of the Federal Deposit Insurance Corporation warned, the media reported. ...
Finance Minister Nirmala Sitharaman on Monday will present the budget for 2023-24 for the union territory of Jammu and Kashmir in the Lok Sabha....
Global economy now depends on the contributions of the Global South. More than half of global growth is now attributable to them....
Ace venture capitalist Vinod Khosla and ChatGPT developer OpenAI's CEO Sam Altman have offered personal capital to help startups after the Silicon Valley Bank (SVB) collapse....
As the mercury continues to soar, Vadilal Enterprises Ltd has a 'chill' solution to soothe the summer woes with two new exciting flavours in the Gourmet Natural Ice Cream range. Taking the legacy of deliciousness ahead, Vadilal has introduced the flavours Kesar Rasmalai and Falooda, close on the heels of its flagship ...
The Hyundai Motor India Ltd with a view to have a second automobile plant in India is considering to acquire land and building and some assets of General Motors India's Talegaon plant in Maharashtra. ...
US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank's investors after the bank was abruptly shuttered, but said financial regulators are "concerned" about the impact to depositors and working to address their needs, media reports said. ...
Silicon Valley bank (SVB) executive, Jospeph Gentile, was a former executive of the Lehman Brothers' Global Investment Bank prior to the bank's public collapse in 2008, the media reported. ...
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Sunday said he will hold a meeting with the startup Founders and CEOs next week to see how the government can help them during the crisis. ...
US-based technology startup accelerator Y Combinator, which has invested in thousands of startups, including at least 200 from India, has written a petition to US Treasury Secretary Janet Yellen and others, asking them to prevent further shockwaves that could lead to financial crisis and layoffs of more than 100,000 worke...
