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AUGUST DEBT CRISIS
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...- 2 years, zero returns: Is it time for Nifty investors to be fearful or greedy?Nifty investors face two years of flat returns, mirroring past periods that historically led to significant market recoveries. Data shows t...
- Mercury Retrograde in Cancer 2026: Dates, Effects and What Every Zodiac Sign Should Do Before June 29Mark your calendar. Mercury, the planet of communication, intellect, and decision-making, stations retrograde in the emotionally charged si...
- RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
- Rupee plunge sees India turn to 2013 taper tantrum playbookIndia's central bank is considering measures to stabilize the rupee. The currency has fallen to a record low, increasing import costs. The ...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
- China’s property prices crash to 2005 levels: Could India face a similar housing slump?China's property market faces a prolonged downturn, with prices hitting near two-decade lows, sparking fears of a similar correction in Ind...
- Imminent debt default: U.S. hurtling toward August debt crisis as CBO warns government could run out of money without Congressional action; here's how it will affect AmericansThe US faces a possible financial crisis as the Congressional Budget Office warns the government could run out of money by August unless Co...
- IMF likely to make formal announcement on Sri Lanka's bailout package on Thursday: ReportsThe second such visit from the International Monetary Fund (IMF) in three months comes at a time when Sri Lanka is scrambling to chalk out ...
- Sri Lanka's Supreme Court extends overseas travel ban on Rajapaksa brothers till August 4The direction was issued when a motion related to the petition requesting the court to issue an order for an investigation against the peop...
- Sri Lanka's Supreme Court extends overseas travel ban on Rajapaksa brothers till Aug 2Mahinda and Basil's brother Gotabaya Rajapaksa, the former Sri Lankan President, arrived in Singapore on July 14 on a private visit from th...
- Crisis-hit Sri Lanka to present debt restructure plan to IMF by AugustSri Lanka is currently working on the debt restructuring sustainability being prepared by legal and financial experts. "We hope to submit t...
- Mutual fund AUM rises 4% to Rs 25.47 lakh crore in AugustIn the first five months of FY20, the industry's asset base increased by Rs 1.68 lakh crore, Care Ratings said in its report.
- Foreign funds infuse Rs 2,500 cr in India this monthContinuing with buying spree, foreign funds have infused nearly Rs 2,500 crore in the Indian securities market so far this month.
- China resorts to biggest cut of US debt; sheds $36.5 billionDowngrade of US credit ratings by Standards & Poor's, in early August, had created a major crisis of confidence over US treasuries all over...
- India's exports to be hit if US recovery bumps: PMEACPrime Minister's Economic Advisory Council on Monday said India's exports would be impacted if the recovery of the US economy is hindered.
- Gold declines after rally to record amid US debt stalemateGold declined on Tuesday as some investors sell the metal after its rally to a record yesterday and amid concern prices might fall.
- FII investment climbed after temporary effect from euro crisisThe Government said FII inflows in capital markets have rebounded, after coming under the temporary impact of the euro zone crisis, due to ...
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