US debt ceiling limits impasse: America may head towards bankruptcy
America may head towards a major economic catastrophe if Joe Biden continues to fail in raising the US debt ceiling…
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Adani Enterprises to prepay US$130m of debts to win investor confidence
Adani Enterprises has declared that it will prepay its debts worth $130m which are due in mid-2024, in an apparent…
GST collection increases 13% to 1.60 trillion in March 2023, the second-highest amount ever
Ministry of Finance disclosed that it achieved its second-highest GST collection worth Rs 1.60 trillion in March 2023, 13% growth…
A two-day event discussed ways to boost India and Russia’s trade cooperation
A recently-concluded event emphasised boosting India and Russia’s trade cooperation by seizing the fast-changing geopolitical realities.
CAG report claimed DFS allegedly funded Rs 88bn to SBI without lender demand
As per a recent CAG report, the Department of Financial Services infused Rs 88bn into the SBI in FY 2017-18…
After a financial conundrum, First Citizens is ready to buy SVB
First Citizens has reportedly agreed to buy the SVB, as per the US's FDIC. However, there are many underlying crises…
Saudi National Bank chief Ammar Al Khudairy quits after controversial remark on the UBS-CS merger
Saudi National Bank's chief Ammar Al Khudairy has reportedly quit following his earlier remarks on UBS's Credit Suisse acquisition deal.
Speculations around Hindenburg Research’s ‘big news’ tweet
Hindenburg Research's tweet on breaking another 'big news' triggered a barrage of speculations from the social media users.
Argentina’s inflation rate surged past 102.5% in February 2023
Argentina's inflation rate surpassed 102.5% in February. This is the highest inflation rate in the country after the hyperinflations ended…
UBS to acquire competitor Credit Suisse to prevent a major crisis
UBS may be mulling acquiring the crisis-ridden 167-year-old Swiss financial giant Credit Suisse to prevent a major global financial meltdown.
