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FINANCIAL BACKSTOP
Warren Buffett issued finance’s most famous warning in his best yearThe most expensive risks, Warren Buffett understood, are the ones that appear on no balance sheet and in no forecast. Until, that is, the d...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
NEET fix as exams are getting messierFollowing the NEET paper leak, a re-test offered relief to millions. This highlights the immense scale of Indian examinations and the need ...
How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
US Stock Market: Fed mulls longer dollar liquidity support for global central banksThe US Federal Reserve is considering extending dollar swap lines with major global central banks to strengthen financial stability amid ri...
India's shock absorbers are not workingIndia's external sector faces unprecedented pressure. Shock absorbers that previously aided recovery have weakened simultaneously. This inc...
Will provide insurance to all vessels coming to or going from India: DFS Secretary NagarajuIndia has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Suga...
Four months in, foreign outflows from Indian shares top last year's peakForeign investors have pulled more than $20 billion out of Indian equities in the first four months of 2026, surpassing last year's record ...
Trump says US administration weighing currency swap with UAE as Iran war rattles oil-rich economiesAmerica's President Donald Trump is exploring a currency swap with the United Arab Emirates. This move aims to assist the Middle Eastern al...
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
OpenAI races to quell concerns over its financesOpenAI moved to calm worries after finance chief Sarah Friar hinted the US government could support its funding plans. Her “backstop” remar...
After criticism, OpenAI retracts government guarantee ideaThe chief financial officer of OpenAI has retracted her idea that the US government provide loan guarantees for the ChatGPT-maker's massive...
UBS aims to avoid using $10 bln Credit Suisse backstop amid backlashIn June, UBS reached an agreement with the Swiss government under which the government will guarantee up to 9 billion Swiss francs ($9.98 b...
U.S. court dismisses bankruptcy petition by Johnson & Johnson's talc unitThe ruling by the U.S. 3rd Circuit Court of Appeals in Philadelphia removed from bankruptcy the company's LTL Management unit, which was fa...
GSFC inks in-principle agreement with KRN for debt financingGSFC has 19.98 per cent stake in KRN and an offtake agreement of 3.5 lakh tonnes of potash from Phase I production and further 2.5 lakh ton...
ECB's Yves Mersch: Need quick way to plug any bank capital holes"Banking union is not a transfer union through the back door," Mersch said in a speech to an Austrian banking conference.
- Germany rebuffs bank union plan to reshape the euro; says too little emphasis on controlling budgets
European proposals to reshape the crisis-struck euro area ran into criticism from Germany for putting too much emphasis on debt-sharing.