Financial Crisis
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Is the US headed for another banking crisis?
A major scheme to prop up the US banking system is ending, while a second may be winding down.
Ru Xie, The Conversation
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First Republic Bank becomes third US lender to collapse in less than two months
JP Morgan announced that it will buy most of the bank’s assets after entering into a loss-share agreement with the Federal Deposit Insurance Corporation.
Scroll Staff
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Indian startups had deposits of nearly $1 billion in Silicon Valley Bank, says Union minister
The US-based bank was shut down on March 10, making it the largest lender to fail since the 2008 global economic crisis.
Scroll Staff
Trending
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Why Justice Datta’s attack on petitioner in VVPAT verdict is worrisome for PILs
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Faltering economy, poor citizens, South Asia’s bully: The reality of India’s global ambitions
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How Hindutva is reshaping India’s classrooms
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Fact-checking five days of Narendra Modi’s speeches: A catalogue of lies
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Indore Congress candidate backed out days after attempt-to-murder charge added to 17-year-old case
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Silicon Valley Bank’s collapse raises tough questions for the US government, financial institutions
Why did the technology-startup finding bank have so many uninsured deposits. How was such a crisis not foreseen, especially after the 2008 recession?
Deepanshu Mohan
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Will the collapse of Silicon Valley Bank lead to a repeat of the 2008 financial meltdown?
A finance expert explains the impact of the biggest US lender to fail since the 2008 global crisis.
William Chittenden, The Conversation
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LSR student from Telangana did not submit documents to avail scholarship, says central body
Aishwarya Reddy was offered the Inspire Scholarship for Higher Education (SHE) under the Innovation in Science Pursuit for Inspired Research (INSPIRE) scheme.
Scroll Staff
Video
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Watch: School authorities turn classroom into swimming pool to encourage attendance during heatwave
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Watch: Woman recreates pet parrot’s choreography
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Watch: Neighbours rescue infant from second floor sunshade after she fell from fourth floor balcony
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Video: Listen to this acapella version of Shankar Mahadevan’s ‘Breathless’ by four singers
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Watch: Argentinian woman is crowned Miss Universe Buenos Aires at 60
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LSR scholarship student dies by suicide in Telangana, hit by Covid lockdown and financial crisis
The 19-year-old’s father said his daughter was a recipient of the Ministry of Science and Technology’s INSPIRE scholarship, but the money was delayed.
Scroll Staff
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A microfinance crisis is brewing in Assam leaving behind a trail of deaths and broken families
The indebtedness of microfinance borrowers in five districts of Upper Assam is almost four times the national average.
Arunabh Saikia
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NBFC crisis: India’s next government has to defuse the ticking time bomb in its hands
If the financial condition of non-bank lenders deteriorates further, it will spark an economic meltdown.
Nupur Anand, qz.com
The Reel
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‘The Fall Guy’ review: Ryan Gosling and Emily Blunt sparkle in entertaining action comedy
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‘Mufasa: The Lion King’ trailer: Barry Jenkins directs prequel to 2019 photorealistic animated film
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Start the week with a film: A divorce from hell in ‘The War of the Roses’
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Aditi Rao Hydari on playing diverse characters: ‘I want the audience to take me home with them’
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The story of India’s unique ‘Milk Revolution’ is going to the Cannes Film Festival
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Jet Airways crisis: The embattled airline’s employees are getting help from other quarters
Startups, corporates and even Jet’s rivals are extending a helping hand to desperate employees.
Niharika Sharma, qz.com
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IL&FS crisis: Appointing a new board was easy – now comes the hard part
The debt crisis brings back memories of what happened with Satyam in 2008. But IL&FS is a different beast.
Kamalika Ghosh, qz.com
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Mizoram Finance Minister Lalsawta says the state is reeling under financial crisis because of GST
The Centre has released less than 50% of funds allocated to the state since July, the minister added.
Scroll Staff
The Field
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Fitness watch: Project launched in England to study causes of ACL injuries in women’s football
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IPL 2024: Bowlers, Marcus Stoinis help Lucknow Super Giants beat Mumbai Indians
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India tour of Bangladesh: Radha Yadav, D Hemalatha propel visitors to win in rain-marred second T20I
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ICC T20 World Cup 2024: Rishabh Pant, Sanju Samson included in Rohit Sharma-led India squad
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Badminton, Uber Cup 2024: India lose to China in group stage-decider; progress to quarter-final