Category: Business
Amid global SVB contagion fears, Credit Suisse shares plunge by over 20 per cent
Shares of financial services firm and bank Credit Suisse plunged over 20 per cent – falling for an eighth consecutive session – on the Swiss…
After Silicon Valley Bank failure, fears over this major global bank’s collapse
Swiss lender Credit Suisse Group AG’s chairman Axel Lehmann said state assistance “isn’t a topic” for the bank as it seeks to recover from a…
7th Pay Commission: Centre likely to announce DA hike today
The Centre in its scheduled cabinet meeting on Wednesday is likely to announce a 4% hike on the Dearness Allowance (DA) for over 50 lakh…
Silicon Valley Bank news: HSBC puts £2 billion into SVBUK after buying it for £1
HSBC injected nearly £2 billion into the United Kingdom arm of collapsed United States-based Silicon Valley Bank – which it bought this week for a…
‘Serious implications for our democracy…’: Oppn parties write to ED on Adani row | Latest News India
Several opposition parties – including the Congress, the DMK, the AAP, some Left parties, and Uddhav Thackeray’s Shiv Sena faction – have begun marching to…
Wholesale inflation eases to 25-month low of 3.85% in February
Wholesale prices grew at 3.85% in February 2023, the lowest in 25 months, on the back of softening commodity prices but also, significantly, the base…
Gold and Silver price today: Check rates in your city on March 15
The price of gold has increased marginally over the day in the country. According to Goodreturns website, the price of 10 grams of 22 carat…
Signature Bank investigated for criminal activities prior to collapse
US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with the…
Goldman Sachs’ purchase of bond portfolio led to failure of Silicon Valley Bank?
Reuters | | Posted by Singh Rahul Sunilkumar SVB Financial Group said on Tuesday that Goldman Sachs Group Inc was the acquirer of a bond…
Silicon Valley Bank collapse: 96 hours after biggest US bank failure in 15 years
The U.S. government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest…