CrowdStrike update that caused global outage likely skipped checks, experts sayThe latest version of its Falcon Sensor software was meant make CrowdStrike clients' systems more secure against hacking by updating the th...
20 Jul, 2024, 08.56 PM IST
CrowdStrike update that caused global outage likely skipped checks, experts sayCrowdStrike's routine Falcon Sensor update crashed systems globally. Manual fixes were necessary due to vetting issues, as noted by experts...
20 Jul, 2024, 07.24 AM IST
View: A growing obsession to drop dollar may create opportunities for China's yuanAccording to latest IMF estimates, 59.8% of global exchange reserves holding are still in dollars. The euro is a distant second with 19.7% ...
11 Apr, 2023, 12.25 AM IST
US, South Korea seek extradition of fugitive Terraform founder Do Kwon from MontenegroKwon's TerraUSD was marketed as a "stablecoin", which is typically pegged to stable assets such as the US dollar to prevent drastic fluctua...
29 Mar, 2023, 08.02 PM IST
FPIs invest Rs 7,200 cr in Indian equities in March so farForeign portfolio investors have invested INR7,200 crore ($1bn) in Indian equities so far in March, according to depositories. The inflows ...
26 Mar, 2023, 11.41 AM IST
Wall Street rallies on hopes of Fed policy pause; Block shares slid 14.6%The Dow Jones Industrial Average rose 142.01 points, or 0.44%, to 32,172.12, the S&P 500 gained 26.11 points, or 0.66%, to 3,963.08 and the...
24 Mar, 2023, 12.27 AM IST
Credit Suisse lifeline, First Republic rescue: What you need to knowCredit Suisse saw more than $450 million in net outflows from its U.S. and European managed funds from Monday to Wednesday, Morningstar Dir...
18 Mar, 2023, 03.51 PM IST
How the very nature of RBI regulation protects Indian banks from SVB-type crisesIndian banks are sound and largely protected from global vagaries given the very nature of regulation by RBI. For example, money markets he...
16 Mar, 2023, 11.13 PM IST
Asian stocks slide, safety shines as bank fears spreadThey said the bank could access liquidity from the central bank if needed. The moves follow the collapse of U.S. lenders Silicon Valley Ban...
16 Mar, 2023, 08.14 AM IST
SVB fallout could trigger a sentimental impact on Indian banking stocks: K Dileep“SVB was one of the main banks holding all the deposits of Venture Capital, hence all their deposits got locked.”
14 Mar, 2023, 08.54 PM IST
Fed’s battle plan for inflation shredded by financial turmoilA week ago, Powell surprised markets by saying the Fed may need to raise interest rates at a faster pace than the quarter-point hike it del...
13 Mar, 2023, 10.21 PM IST
Europe's bank shares plunge, bonds rally despite SVB rescue effortMuch will depend on what U.S. consumer price figures reveal on Tuesday, with an obvious risk that a high reading will pile pressure on the ...
13 Mar, 2023, 06.12 PM IST
SVB-Signature Bank Collapse: How India handled 4 bank failures in last 20 yearsIndian regulators too were on the edge when similar incidents raised concerns over the health of the financial systems. Below is a brief hi...
13 Mar, 2023, 04.10 PM IST
What triggered the market crash? Mahantesh Sabarad explainsThe overall banking situation in the US seems to be weak, despite the recent interventions by the regulator. Inflation is ticking down, and...
13 Mar, 2023, 04.09 PM IST
Sensex plummets over 2,100 points in 3 days! Key factors behind the crashThe Indian stock market has crashed after the failure of Silicon Valley Bank and Signature Bank in the US. This has caused global equity ma...
13 Mar, 2023, 04.03 PM IST
Billions worth of crypto trades at risk as bank shutdowns take tollThe network’s presence helped fuel the institutional adoption boom that made the most recent crypto bull market possible. Its shutdown thre...
13 Mar, 2023, 09.21 AM IST
- Chinese firm to construct pylon of new Yamuna bridge
At a height of 154m, the main pylon of the much-delayed Signature Bridge at Wazirabad will be twice the height of the Qutub Minar and could...
07 Jul, 2011, 09.27 AM IST