Banks general
Morgan Stanley, Citigroup agree Smith Barney price of $13.5 bn
12 Sep 2012
Morgan Stanley emerged winner in the deal over Citigroup, which considered the brokerage business was worth approximately $22 billion, while Morgan Staley’s own valuation for the business was only around $9 billion
RBI hikes ECB limit to $3 billion, relaxes norms
11 Sep 2012
No liquidity worries in banking system, says RBI
10 Sep 2012
SBI cuts term deposit rates by 0.5 to 1 per cent
05 Sep 2012
UK credit card lending hits six-year low
31 Aug 2012
Barclays Plc faces probe over Qatar payments
30 Aug 2012
CRR a retrograde tool; must go: SBI chief
23 Aug 2012
Banks’ deposits grow faster, lending slackens
22 Aug 2012
Bank strike paralyses financial transactions
22 Aug 2012
While it is not immediately possible to assess the financial losses due to the strike, the strike has affected cheque clearances, foreign exchange transactions and trading in government bonds trading
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