US treasury secretary says no federal bailout for Silicon Valley Bank
Posted in Business

US treasury secretary says no federal bailout for Silicon Valley Bank

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are…

Continue Reading
I bought SVB shares at low prices, but then…: How Torre's CEO lost savings
Posted in Business

I bought SVB shares at low prices, but then…: How Torre’s CEO lost savings

Silicon Valley Bank’s (SVB) failure has shocked the global financial market, and depositors are concerned of their funds trapped in the failed institution. With the…

Continue Reading
Saudi unveils new airline Riyadh Air to compete with Gulf rivals
Posted in Business

Saudi unveils new airline Riyadh Air to compete with Gulf rivals

Saudi Arabia announced Sunday the creation of a new national airline, part of a plan to turn Riyadh into a global aviation hub rivalling regional…

Continue Reading
zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

yellen: Yellen says no federal bailout for Silicon Valley Bank

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are…

Continue Reading
general insurance: Govt to infuse more capital in public sector general insurers next year
Posted in Economy

general insurance: Govt to infuse more capital in public sector general insurers next year

The government may have to infuse more capital in the three public sector general insurance companies to improve their financial health, a senior government official…

Continue Reading
Britain's tech sector at ‘serious risk’ after SVB collapse, says Chancellor
Posted in Business

Britain’s tech sector at ‘serious risk’ after SVB collapse, says Chancellor

Britain’s technology and life sciences sectors are at “serious risk” following the closure of the Silicon Valley Bank, Chancellor Jeremy Hunt warned on Sunday. The…

Continue Reading
Finding Covid-19's origins is a moral imperative: WHO chief
Posted in Rest of World News

Finding Covid-19’s origins is a moral imperative: WHO chief

GENEVA: Discovering the origins of Covid-19 is a moral imperative and all hypotheses must be explored, the head of the World Health Organization said, in…

Continue Reading
Elon Musk is planning to build his own town: Know where and why | World News
Posted in Business

Elon Musk is planning to build his own town: Know where and why | World News

Entities connected to Elon Musk and his companies are acquiring thousands of acres of land in Texas to start a town where the billionaire’s employees…

Continue Reading
zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

silicon valley bank: UK races to minimise damage from Silicon Valley Bank collapse

British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to “avoid…

Continue Reading
Tax Revenue: Tax mop-up likely to fall short of revised estimate: Official
Posted in Economy

Tax Revenue: Tax mop-up likely to fall short of revised estimate: Official

The government may not achieve a revised tax collection target of Rs 30.43 lakh crore for the current financial year, a top official said. Revised…

Continue Reading