The industrial revolution and subsequent mechanization of industry and militaries needed a staging and testing ground. India and other countries of East Asia offered the best solution. For now, we provide one elementary picture of the course of things....
The business daily Mint reported that not a single Adani company features among India's top corporate taxpayers, with Tata Consultancy Services (TCS) paying the most.
According to the Brazilian government, China and Brazil have reached a deal to trade in their own currencies and ditch the US dollar.
A former White House adviser described it as the "tip of the iceberg" as the US banking industry lost $100BN in a single day. The Big Four were affected by the SVB collapse contagion, and regional banks fell by up to 60% during the bloodbath on Wall Street.
As of the end of 2022, Charles Schwab was the bank with the largest amount of assets marked as "held to maturity" relative to capital, leading to concerns that it may be close to insolvency.
The Bank for International Settlements (BIS) plans to use AI to monitor global bank transactions for potential instances of money laundering. The project, known as "Project Icebreaker," focuses on developing a SWIFT-like bottleneck system that would enable...
Popular Bollywood actor Arshad Warsi and his wife Maria Goretti, are among 45 individuals and companies banned by the Securities and Exchange Board of India (SEBI) from participating in the securities market, officials said on Thursday. The decision comes after an investigation into allegations of share price manipulation by certain entities of two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, through uploading misleading videos on YouTube channels.
The recent 14% fall in share prices of Germany's Deutsche Bank has worried people, raising concerns about whether Deutsche Bank will be the next to fall.
As a result of the growth of the ruble by 11% against the US dollar since the beginning of the year, Bloomberg has named it the world’s best-performing currency.
On Monday, House Judiciary Chairman Jim Jordan sent a letter to IRS Commissioner Daniel Werfel and Treasury Secretary Janet Yellen seeking an explanation for the IRS's strange house call on Matt Taibbi.
