Banks general
RBI hikes rates by 0.25%; home, auto loans to cost more
16 Sep 2011
Some experts feel that while RBI's hard-nosed stand on rate hikes has hardly managed to control inflation, industrial growth and corporate profits have definitely been hit
UBS takes $2 billion hit from rogue trade
15 Sep 2011
Bank of America to shed 30,000 jobs over next few years
13 Sep 2011
Full implementation of Phase I of the cost-cutting strategy will result in savings of $5 billion a year, on a baseline of $27 billion in annual expenses, by 2014.
RBI panel sets Rs5 crore capital base for new multi-state urban co-op banks
12 Sep 2011
The Y H Malegam committee has suggested separation of ownership and management of new urban co-operative banks and bringing them under the strict supervision of the RBI.
Moody's to downgrade French banks: sources
12 Sep 2011
Parliament passes SBI subsidiary banks bill
05 Sep 2011
Why is the Reserve Bank spinning yarns about growth?
05 Sep 2011
The Indian economy is slowing down rapidly, which will continue and probably deepen in the next six months. The most extraordinary feature of this economic scene is the absolute refusal of the government to acknowledge that the Indian economy’s dream growth has ended, writes Prem Shankar Jha.
Bank of America job cuts to rise to 30,000 over the next several years
03 Sep 2011
Bank of America Corp is finalisng plans to cut around 10 per cent of its workforce or approximately around 25,000 to 30,000 jobs over the next several years.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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