Banks general
RBI lets banks restructure bad loans into debt and equity
14 Jun 2016
Ridding banks of bad loans that are now at a 15-year high of around Rs8,00,000 crore is crucial to reviving economic growth in India’s $2 trillion economy
SBI quietly working on merger framework for subsidiaries: report
13 Jun 2016
SBI managing director V G Kannan is reported to be heading the team formed under the supervision of associate and subsidiaries department, and if everything goes well, the merger process is likely to begin in 3-4 months, says the report
No legal basis for attaching properties, says Mallya
13 Jun 2016
Mallya, a former Rajya Sabha member and chairman of United Breweries Group, said the ED’s move seems to have motives and that it would make it difficult to raise money to repay loans to banks
Swiss govt supports action against tax dodgers
09 Jun 2016
RBI leaves rates unchanged, experts see cuts in August
07 Jun 2016
As widely expected, the RBI kept its policy interest rate unchanged at a five-year low of 6.50 per cent, but signalled the prospect of a cut later this year if monsoon rains dampen upward pressure on food prices
Jaitley blames higher bad loan provisioning for banks’ losses
06 Jun 2016
The finance minister said bankers themselves would suggest a mechanism for "commercially prudent" settlement of bad loans, which in effect would mean skirting RBI directives
UK launches laundry-proof plastic £5 notes
30 May 2016
N Korea linked to hack attacks on Asian banks
28 May 2016
Security researchers have linked the recent raft of hack attacks on Asian banks to North Korea, in what they say appeared to be the first known case of a nation-state has gone in and stolen money using hack attacks
One-third of ATMs are not functioning: RBI
25 May 2016
Bank of India reports Rs3,587 Q4 net loss
25 May 2016
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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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.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
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