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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Unnatural sex between husband and wife not rape, woman’s consent immaterial: Madhya Pradesh HC
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‘Exhuma’ review: A grave holds secrets to a troubled Korean past
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Shifting goalposts: AIFF chief Kalyan Chaubey needs to come clean on the ISL not having relegation
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Why are so many young Indians trading in cryptocurrency, especially in tier-two cities?
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‘Physical building of WhatsApp University’: Satire on viral video of Galgotias University students
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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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Video: What will it take to bring back peace to Manipur?
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‘Physical building of WhatsApp University’: Satire on viral video of Galgotias University students
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Watch: Meet Sparkles, the new avatar of Boston Dynamics’ robot dog with a special costume
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Watch: Diljit Dosanjh invites young fan on stage, dances with him during his sold-out Vancouver show
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Watch: School authorities turn classroom into swimming pool to encourage attendance during heatwave
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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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‘Presumed Innocent’ trailer: Jake Gyllenhaal plays a lawyer accused of murdering his lover
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‘Lampan’ trailer: Marathi series is based on Prakash Narayan Sant’s stories
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Watch: ‘Murder in Mahim’ series is based on Jerry Pinto’s crime novel
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‘Women Of My Billion’ review: What happens when women get talking
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‘The Broken News’ S2 review: A competent second round of TV channel rivalry
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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: Kolkata beat Mumbai in a thriller at Wankhede for the first time in 12 years
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Boxing, Asian U22 & Youth C’ships: Brijesh, Aryan and five other Indians enter finals
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Cricket, ICC rankings: India remain No 1 in ODIs and T20Is, ranked second in Tests
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Watch, ICC Men's T20 World Cup: Sean Paul and Kes combine to create tournament's official anthem
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Boxing, Asian U22 & Youth C’ships: Four Indians move to semi-finals with comprehensive wins