Banks general
Bank employees to strike work tomorrow
06 Sep 2010
Nearly a million bank employees will go on a one-day token strike on 7 September to protest a host of issues like foreign direct investment in public sector banks and entry of foreign banks amongst others
Not ‘inclusive’ banking: SBI opens 5-star branch for uber rich customers
03 Sep 2010
SBI has inaugurated a first-of-its-kind branch for high net worth individuals, where it takes a minimum of Rs1 crore to open an account. A customer relationship is by invitation only
Fed running out of policy bullets: Roubini
28 Aug 2010
Professor Nouriel Roubini has said the Federal Reserve is running out of effective ways to stimulate the economy and that the odds of a double-dip recession had risen to more than 40 per cent.
Fed will intervene strongly when required: Bernanke
28 Aug 2010
Fed Reserve chairman Ben Bernanke has sent out unambiguous signals that the central bank would not shy away from intervening strongly should the economic recovery begin to really go wrong.
HSBC’s Kidwai banks on India for growth
25 Aug 2010
ATM frauds: clueless SBI dumps onus on clients
24 Aug 2010
Police have detected that a skimmer machine has been used to detect and copy the PIN numbers of account-holders' cards.
HSBC in talks to acquire Old Mutual's 52% stake in Nedbank
23 Aug 2010
London-based financial services company Old Mutual Plc holds around 52 per cent stake in Nedbank is interested in selling its stake to reduce its risk profile and improve financial performance
SBI ups benchmark lending rate to 12.25 per cent
16 Aug 2010
SBI also launched a floating rate term deposit product linked to its base rate effective 6 September.
Pranab asks banks to accelerate financial deepening
14 Aug 2010
Banks should reach out to those who are still left outside the banking network, in order to achieve a wider spread of development, the finance minister said.
Bank of Rajasthan becomes part of ICICI Bank
13 Aug 2010
RBI to bring discussion paper on SBI holding company structure
13 Aug 2010
A holding company structure, however, is likely to dilute the government's effective stake in SBI and create a regulatory gap
WorldPay hacker extradited to US by Estonia
09 Aug 2010
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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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