Goldman Sachs and Bank of America have made hundreds of millions of dollars from the recent electricity crisis and blackouts in the state of Texas. Similar scandal was created by Enron 20 years ago. Enron had made billions out of the electricity crisis in California.
It has been suggested that Private Equity firm KKR was involved in the circumstances leading to the death of Cafe Coffe Day founder V G Siddhartha. The firm has come under scanner in our research in many aspects of...
Gregory Daco, chief economist at EY-Parthenon, Ernst & Young's global strategy consulting arm, told the New York Times that the Israel-Hamas conflict may cost the global economy $2 trillion.
The Taliban's governor of the Afghan central bank, Hidayatullah Badri, has revealed that the Taliban and China are in discussions regarding banking cooperation.
(Photo Credit: India Today)
The Taliban’s governor...
The court was reviewing Amazon's request to stop FRL from selling its retail assets until the US company and the Future group reached an agreement in the arbitration. During the hearing Future Retail told the SC that just for Rs 1,400 crore, Amazon has destroyed a Rs 26,000-crore company.
A report from the International Monetary Fund (IMF) in September 2022, co-authored by BIS Chief Carstens, identifies three shortcomings that preclude cryptocurrencies from serving as a "sound basis for the monetary system," which shows how fiat money has won the battle against cryptocurrencies.
The infographic below shows the security features of the American dollar and how to distinguish the real from counterfeit ones.
Dorothy Neufeld and Joyce Ma of Visual Capitalist show which countries hold the most US debt using data from the U.S. Department of the Treasury.
In the face of strong public opposition the International Monetary Fund (IMF) published a working paper offering governments suggestions on how to move toward a cashless society. In its recent report The Macroeconomics of De-Cashing, the IMF proposed to...
How was Vijay Mallya allowed to leave India? How does a business baron who owes banks thousands of crores of rupees get to leave the country as a defaulter in spite of court proceedings under way; a consortium of...
