Search For "crisis"
USISPF's Startup Connect Statement on Silicon Valley Bank Crisis
Updated : 3 years ago IST
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
Read More
US Treasury Secretary Yellen rules out bailout for bankrupt Silicon Valley
Updated : 3 years ago IST
"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.
Read More
Pakistan engulfed in political instability, economic crisis
Updated : 3 years ago IST
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
Read More
Trudeau in crisis-mode on Chinese interference: Report
Updated : 3 years ago IST
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
Read More
Subsidiaries of Nazara Technologies hold Rs 64 cr cash in crisis-hit Silic
Updated : 3 years ago IST
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.
Read More
China's economic coercion increasing in the developing world
Updated : 3 years ago IST
China's growing economic footprint in many developing countries is causing a significant amount of debt repayment crisis after the financial challenges posed by the pandemic. China, which surpassed traditional multilateral institutions as the largest creditor to the developing world, has sin
Read More
MoS Rajeev Chandrasekhar to meet Indian startups to discuss Silicon Valley
Updated : 3 years ago IST
Union minister Rajeev Chandrasekhar said he will meet Indian startups this week to understand the impact of SVB Financial's collapse on them and how the government can help during the crisis.
Read More
SVB bankruptcy created 'major crisis' in tech industry, says Israel's PM N
Updated : 3 years ago IST
The SVB collapse has sent ripples across the tech industry in the United States, the United Kingdom and other countries, including Israel, where the tech lender has branches.
Read More
Pakistan needs systemic changes, urges for consensus on economic policy: F
Updated : 3 years ago IST
Pakistan's former finance minister Miftah Ismail said that no political leader or martial law can improve the system in the country until the government make systemic changes as the country is in deep economic crisis coupled with huge debt and urged for consensus for economic policy, Geo
Read More
It's 12 years since massive earthquake-tsunami struck Japan that killed 15
Updated : 3 years ago IST
Recovery from the magnitude-9.0 earthquake and resultant tsunami that devastated Fukushima, Iwate and Miyagi prefectures has progressed in the ensuing years, but some 31,000 people remained displaced as of November 2022, Kyodo News said. Cleanup plans at the Fukushima Daiichi nuclear complex
Read More
Pakistan's judiciary in crisis: Lawyers' body files misconduct complaint a
Updated : 3 years ago IST
The Pakistan Bar Council (PBC) on Friday moved a complaint before the Supreme Judicial Council (SJC) seeking necessary action against a judge of the apex court for his alleged involvement in recent audio leaks and corruption. The complaint against Justice Sayyed Mazahar Ali Akbar Naqvi was f
Read More
IMF "not being fair" to Pakistan, claims FM Bilawal Bhutto Zardari
Updated : 3 years ago IST
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
Read More