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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Lok Sabha elections: Fifth phase records estimated voter turnout of 60.48%
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‘Santosh’ review: A thoughtful study of power and powerlessness
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International Booker Prize 2024: Quick reviews of the six shortlisted novels
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The test of time: A jail mulaqat with Umar Khalid
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Nuh is BJP’s Hindutva lab in Haryana – but Muslims are angry at Congress' poor campaign
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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: Shyam Rangeela mimics famous politicians reacting to his nomination being rejected
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Watch: Classical dancers perform Bharatnatyam and Odissi duet to ‘Sakal Ban’ from ‘Heeramandi’
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Watch: Two musicians simultaneously play the violin with one hand and the piano with another
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Caught on camera: Streaking meteorite turns night sky blue across Portugal and Spain
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Watch: Ed Sheeran sings Punjabi remix of ‘Shape of You’, accompanied by Bhangra dancers
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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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‘Santosh’ review: A thoughtful study of power and powerlessness
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Is Anirban Bhattacharya Bengali cinema’s white knight?
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Start the week with a film: Why Farah Khan’s ‘Main Hoon Na’ endures
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‘Chandu Champion’ trailer: Kartik Aaryan in biopic of Paralympic gold medalist Murlikant Petkar
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‘It Ends With Us’ trailer: Blake Lively stars in drama about an abusive relationship
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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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IPL 2024: Mitchell Starc steps up as Kolkata Knight Riders defeat Sunrisers Hyderabad to enter final
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Football: Germany’s Toni Kroos to retire from the sport after Euros
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Archery, World Cup Yecheon: Jyothi Surekha Vennam qualifies fourth in women’s individual compound
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Wrestling, Olympics 2024: Vinesh Phogat, Antim Panghal to go to Paris after WFI calls off trials
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Boxing: India loses an Asian Games medal after Parveen Hooda’s doping suspension