Searched for
SUBPRIME CRISIS
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- AI Shock: IT valuations fall near levels seen during subprime crisisIndian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, ...
- AI reset erases nearly half of IT majors’ valueIndia's top software exporters are projected to lose $200 bn in market value from their peaks due to disruptive AI technology. The aggregat...
- US Stock Market: Warsh faces Senate test as Fed independence and rate policy take centre stageKevin Warsh faces a crucial Senate hearing as lawmakers assess his views on monetary policy, inflation and central bank independence. Nomin...
- Fed nominee Warsh prepares for monetary policy road test before Senate panelAfter more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a ...
- US Federal Reserve nominee Kevin Warsh faces Senate test on monetary policyKevin Warsh faces a crucial Senate hearing for the Federal Reserve chief nomination. Lawmakers will question his economic ideas and monetar...
- ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressureOpenAI is prioritising business AI tools to boost revenue. The company is launching a new model for professional work. This strategic shift...
- ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressureOpenAI says it will introduce a new artificial intelligence model for "high-value professional work" as the company faces heightened compet...
- Global Market | Private credit faces growing strains as redemptions rise and AI risks loomThe private credit market, a decade-old alternative to bank lending, is showing early signs of stress with rising investor redemptions and ...
- India’s subprime bubble grew 2,100%; now a bust looms as debt traps millions of familiesSubprime loans in India's microfinance sector are experiencing significant distress, with a 68% borrower stress rate and rising overdue loa...
- Profitably put offProcrastination has its benefits for the Indians.
- Citigroup paying $75 million to settle fraud chargesBanking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprim...
- World Bank to build on renovated home loansThe World Bank is funding development of new financial instruments for providing home finance to the unorganised sector in the country in t...
- Summer subprime crisis roiled markets and squeezed creditA year after a summer subprime crisis roiled markets and squeezed credit worldwide.
- ICICI Bank to scale down promotions, incrementsIndia’s largest private sector bank ICICI, which has been hit by the credit crunch following the US subprime crisis, has decided not to giv...
- Subprime crisis may fuel commodity bubbleThe liquidity boost and various macro-economic measures being adopted to fight the subprime crisis can soon fuel a commodity bubble, says a...
- Subprime crisis rolls off on Indian papersThe subprime crisis effect is now being felt in the Indian securities market.
- Subprime, high rates won't hit plans: CEOsThe US subprime crisis and the high interest rates at home would not impact investments planned for the current financial year, feel the ma...
- 'No impact of subprime crisis in India'Indian banks have not been impacted by the subprime crisis, according to RBI deputy governor V Leeladhar.
Load More
