Stock indices in India continue to decline, pulled down by a sharp dip in almost all sectoral indices, particularly the PSU bank following the collapse of two US banks in a matter of two-to-three days.
"Small businesses across the country that had accounts at Silicon Valley Bank and Signature Bank can breathe easier knowing they'll be able to pay their workers. It won't cost taxpayers a dime. This is paid for with the fees that banks pay into Deposit Insurance Fund," said Biden.
Sonipat (Haryana) [India], March 13 (ANI/OP Jindal University): Global economy now depends on the contributions of Global South. More than half of global growth is now attributable to them. The economic and financial took a steep dive in 2022 and is showing semblance of bouncing back strong.
New Delhi [India], March 13 (ANI/BusinessWire India): In light of the sudden collapse of Silicon Valley Bank, Dr Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum's Startup Connect Program thanks the U.S. Federal Reserve, the Federal Deposit Insurance Corporation (FD
"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
Shehbaz Sharif's coalition government through its indecisiveness, incompetency and lack of interest to evolve policies to pull out Pakistan of the mess, Imran Khan had created economically and geo-strategically during his government, put a cover on Imran Khan's failures and provided him oppo
Leaked documents from the Canadian Security Intelligence Service (CSIS) have revealed the ways in which the Chinese government has attempted to tamper with Canadian elections. This gives support to a number of allegations regarding the Chinese Communist Party's (CCP) behaviour that has been
Listed mobile gaming company Nazara Technologies on Sunday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc hold cash balances worth Rs 64 crore at Silicon Valley Bank, which is currently under crisis.