Banks general
Stanchart reports first annual loss in 26 years as India NPAs swell
24 Feb 2016
The impairment losses on loans in India are more than double the $611-million hit it took due to credit losses in the UK
HSBC under probe in India over tax evasion, money laundering
23 Feb 2016
The income tax department has issued notices to global banking major HSBC and has warned of prosecution against its Swiss and Dubai offices for allegedly abetting tax evasion by four Indians and their families
Global economic shifts shake down HSBC's net
22 Feb 2016
HSBC’s financial results for 2105 come after a turbulent year which saw a market rout in China and commodity prices plunge as well as tightening credit due to a US rates hike
SBI raises Rs3,000 crore through 10-year bonds
19 Feb 2016
SC asks RBI for list of banks’ NPAs over Rs500 cr
16 Feb 2016
The Supreme Court today asked the RBI to provide a list of borrowers who have defaulted on loans over Rs500 and those whose loans have been restructured under corporate debt restructuring schemes
HSBC Holdings Plc to stay in London
15 Feb 2016
Jaitley offers to empower banks to recover bad loans as NPAs mount
12 Feb 2016
The finance minister’s assurance comes after the nation’s top lender State Bank of India wrote off Rs3,697 crore and sold Rs395 crore of bad loans to asset reconstruction companies in Q3 of 20151-6
Identity theft accounts for 73% of frauds in India
11 Feb 2016
In India, identity theft accounted for 77 per cent of the fraud cases in the first quarter of 2015
RBI keeps rates unchanged, eye on Budget
02 Feb 2016
In its first bi-monthly policy statement of the year, RBI governor Raghuram Rajan kept the key repo and other rates unchanged, saying there was enough liquidity in the market and any loosening would depend on steps taken in the Union Budget
Latest articles
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Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
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
03 Feb 2025
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
27 Jan 2025
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
By Axel Miller | 16 Jan 2025
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
By Kiron Kasbekar | 03 Jan 2024
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
By Aniket Gupta | 27 Dec 2023
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?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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