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SHADOW BANK CRISIS
Quarter after quarter, year after year, India is fastest growing economy: FM SitharamanFinance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accused Congress leader Rahul Gandhi o...
RBI MPC: India's Goldilocks moment dims, but the lights are not outIndia's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...
Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
West Asia heat may soon scorch banks' booksIndian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer...
A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Most hated stocks: FIIs dumping these 146 companies without a break for 4 straight quarters. Do you own any?Foreign institutional investors have been consistently selling shares in 146 Indian companies for four consecutive quarters. This selling s...
Iran shows off its control over strait after collapse of peace talksIran has asserted control over the Strait of Hormuz. This follows the breakdown of peace talks. The United States has boarded another tanke...
Three ships targeted in Hormuz, Iran seizes two: Monitors, GuardsIranian forces seized two container ships and fired on a third vessel in the Strait of Hormuz. These actions threaten a vital trade route i...
RBI measures on currency temporary to curb volatility, says deputy governor SankarThe Reserve Bank of India's deputy governor stated that temporary curbs on banks' currency trading will be lifted soon. These measures were...
Basel III fragments as US, Europe and India take diverging paths on bank capital rulesFifteen years after its finalization, the Basel 3 accord's goal of uniform global banking rules has fragmented. National regulators are now...
World Bank chief sounds alarm about looming jobs crisis even after war endsWorld Bank President Ajay Banga says he's determined to ensure that finance officials stay focused on those longer-term challenges like cre...
School assembly news headlines for April 14: Top national, international, sports, business update and thought of the dayThe Supreme Court referred Teesta Setalvad's passport plea to a three-judge bench, while Akhilesh Yadav blamed BJP policies for Noida viole...
Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...
The architecture of resilience: Why India’s private credit stands apartIndia’s private credit market stands resilient amid global stress due to its conservative fund structures, strict leverage norms, and close...
Deutsche Bank boosts loans to cash-strapped tycoons in IndiaThe NBFC crisis is creating new prospects for Deutsche Bank. Goldman Sach has been another beneficiary.
Kotak Investment unlikely to bid for Altico CapitalAltico is one of the latest caught up in the nation’s shadow banking crisis that started in 2018.
Was India's NBFC crisis a myth or a reality?Many termed the immediate aftermath of IL&FS as India's Lehman moment. No doubt India's NBFCs had in 2019 their worst year in a decade amid...
Rescuers sought for shadow bank Altico as crisis deepensAlitco’s bad loans spiked to 23.8 per cent of its loan book in the July-September quarter.
World’s worst bad-loan mess set to worsen on India’s cash crunchA cash crunch in shadow-banking sector is challenging banks as they seek to tidy up their balance sheets.