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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‘Saffronisation of Doordarshan’: After DD News unveils new logo, social media users express alarm
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‘They built the Ram temple. That is bigger than providing jobs.’
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How Karnataka’s once-powerful Janata Dal Secular was reduced to a Hindutva offshoot
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How Guwahati became the second-most polluted city in the world
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Is apple cider vinegar as good for health as it sounds?
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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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Eco India, Episode 258: Is repurposing waste saving the environment from further degradation?
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Watch: This fan-made trailer imagines Henry Cavill and Margot Robbie starring in a James Bond film
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Watch: Mount Ruang erupts in Indonesia, spewing columns of ash and lava
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Watch: Unbelievable scenes of flooding in Dubai airport, streets, and malls after heavy rain in UAE
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Indian elections: How secure is the EVM-VVPAT process?
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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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‘Trap’ trailer: M Night Shyamalan’s thriller stars Josh Hartnett as a serial killer
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Watch: Five directors shoot on iPhones for MAMI Mumbai Film Festival initiative
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‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
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‘Love Sex Aur Dhokha 2’ review: Laboured and barely provocative
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‘Civil War’ review: An urgent film about a barely-distant future
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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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Watch, highlights ISL 2024: Odisha FC through to semi-final after beating Kerala Blasters in playoff
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IPL 2024: KL Rahul, Quinton de Kock power Lucknow to comfortable win over Chennai
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Wrestling, Asian Olympic Qualifiers: Aman loses in semi-final as Indian men fail to win Paris quotas
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Shooting, Indian Olympic trials: Esha Singh, Bhavesh Shekhawat lead in respective 25m pistol events
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Wrestling, Asian Olympic Qualifiers: Deepak Punia, Sujeet Kalkal fail to make weigh-ins in time