Banks general
RBI fines Citibank Rs25 lakh over Gurgaon fraud
05 Jul 2011
Chinese banks could face negative credit outlook: Moody's
05 Jul 2011
China's local government debts may exceed the state auditors' estimates by a $540 billion Moody's Investors Service said today
Chinese banks could face negative credit outlook: Moody's
05 Jul 2011
China's local government debts may exceed the state auditors' estimates by a $540 billion Moody's Investors Service said today
Bank of Moscow receives Russia's largest bailout of $14.2 bn
02 Jul 2011
Bank of Moscow will now be majority-owned by rival bank, VTB, which will contribute 100 billion roubles to recapitalise the stricken bank.
Banking reforms: Higher capital reserves for ‘too big to fail’ banks
27 Jun 2011
After nearly two years of deliberations, a panel of global regulators said Saturday that banks deemed ‘too big to fail’ would have to make larger provisions for capital reserves.
PNC Financial to acquire RBC's US retail bank operations for $3.45 billion
20 Jun 2011
PNC has the option to pay Royal Bank of Canada at closing up to $1.0 billion in common stock, or 3 per cent of PNC's outstanding common shares based on its closing price on 17 June 2011
ING in talks to sell car leasing business for around $5.7 bn: report
20 Jun 2011
Dutch financial services group ING Groep NV is in talks to sell its car leasing business in a deal potentially worth $5.7 billion (€4 billion), a Dutch newspaper today reported
RBI hikes repo rate by 25 bps to 7.50 per cent
16 Jun 2011
RBI expects a moderation in commodity prices and some deceleration in growth over the short term, which is `unavoidable'.
RBI calls for tightening underwriting standards
15 Jun 2011
Citigroup garners Rs1061cr from HDFC stake sale
15 Jun 2011
China’s central bank hikes reserve ratios for ninth time since October
14 Jun 2011
With inflation at a three-year peak, the People's Bank of China raised bank reserve ratios for the ninth time since october 2010
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Hariman Sharma lets apple travel to India’s warmer climes
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Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
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Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
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US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
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The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
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In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
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The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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