Banks general
JP Morgan Chase to cut thousands of jobs
29 May 2015
Switzerland starts naming black money holders, two Indians in the list
26 May 2015
The Swiss Federal Tax Administration is reported to have published the names of several foreign nationals with Swiss bank accounts, including two Indian women
Bank employees get 15% hike under new wage pact
25 May 2015
HSBC confirms possible sale of Brazil unit
23 May 2015
SBI announces partnership with PayPal
22 May 2015
SBI in deal with Snapdeal for seller financing
22 May 2015
Japan to fire up ADB to counter China-led AIIB
22 May 2015
According to analysts, the rival efforts by the two countries will be a boon for Asian nations, which face huge infrastructure shortfalls
Five global banks fined over $5 bn for forex manipulation
21 May 2015
US banking giants Citicorp, JPMorgan Chase & Co and the UK’s Barclays Plc, and The Royal Bank of Scotland Plc have pleaded guilty to conspiring to manipulate the price of US dollars and euros exchanged in the forex market in the US and elsewhere
Low rates no substitute for productivity losses: Rajan
20 May 2015
Speaking on the theme 'Going Bust for Growth' in New York, RBI governor Raghuram Rajan raised concern over central banks globally being pushed into "competitive monetary easing"
S African regulator probes global banks for forex rate fixing
20 May 2015
The banking giants under probe include BNP Paribas SA, Citigroup Inc, Barclays Bank Plc, JP Morgan Chase & Co, Investec Ltd, Standard New York securities Inc, and Standard Chartered Plc
Govt announces gold accounts scheme, seeks feedback
19 May 2015
The proposed policy allows a depositor to open a gold account with a minimum of 30 grams of gold and also exempts interest earned on such deposits from income tax and capital gains tax
RBI clears decks for contactless payment system
15 May 2015
Parliament approves black money bill
13 May 2015
There would be a two-month compliance window for persons having undisclosed income abroad to come clean by paying 30 per cent tax and 30 per cent penalty
Citigroup may plead guilty in rate-rigging case
12 May 2015
Citigroup Inc, the third-largest bank in the United States, said in a filing on Monday it could plead guilty to charges of rigging foreign currency markets to make quick profits
US Supreme Court favours Barclays in $4-bn dispute with Lehman
05 May 2015
The disputed assets relate to Barclays's acquisition of the bulk of Lehman's brokerage business at the height of the 2008 global financial crisis
Bank of India cuts lending rate by 0.25%
02 May 2015
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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