CAG report claimed DFS allegedly funded Rs 88bn to SBI without lender demand
As per a recent CAG report, the Department of Financial Services infused Rs 88bn into the SBI in FY 2017-18…
News related to business, finance, startups and features
After a financial conundrum, First Citizens is ready to buy SVB
First Citizens has reportedly agreed to buy the SVB, as per the US's FDIC. However, there are many underlying crises…
Saudi National Bank chief Ammar Al Khudairy quits after controversial remark on the UBS-CS merger
Saudi National Bank's chief Ammar Al Khudairy has reportedly quit following his earlier remarks on UBS's Credit Suisse acquisition deal.
Speculations around Hindenburg Research’s ‘big news’ tweet
Hindenburg Research's tweet on breaking another 'big news' triggered a barrage of speculations from the social media users.
Argentina’s inflation rate surged past 102.5% in February 2023
Argentina's inflation rate surpassed 102.5% in February. This is the highest inflation rate in the country after the hyperinflations ended…
UBS to acquire competitor Credit Suisse to prevent a major crisis
UBS may be mulling acquiring the crisis-ridden 167-year-old Swiss financial giant Credit Suisse to prevent a major global financial meltdown.
Crisis-ridden Biden asks for “tougher” action against bankers after Silicon Valley Bank collapse
Joe Biden tried a damage control following the Silicon Valley Bank collapse by asking for tougher measures against bankers from…
Union government gears up to sell IREDA stakes and ready to launch IPO
The Cabinet Committee on Economic Affairs under Prime Minister Modi has decided to sell its stakes in the IREDA through…
India plans to expand electronics production to Rs 24 trillion by 2025-26: Minister
Minister of State Rajeev Chandrasekhar claimed that Indian electronics production will be expanded to the tune of Rs 24 trillion…
Bharat Matrimony’s social message ad creates an uproar on social media
Bharat Matrimony is accused of hurting the Hindu religious sentiment after it shared an ad with a social message on…
