Petrodollar had it too good for too long. Just because it dominated the world’s energy market meant that whatever evil emerged out of it was forgiven by western superpowers. But, its ...
The credit system forms the foundation of the expansion of an economy. It creates money according to the value added in the market with the expectation of the future growth of ...
The BCCI has roped in the National Payments Corporation of India's (NPCI) flagship product RuPay as an official partner for the next two seasons of the Indian Premier League (IPL). With ...
When cryptocurrency started getting popular, it became a dream concept for the extreme libertarian block of the tech establishment that always wanted to get rid of the government-regulated currencies, and this ...
Tensions between the United States of America and Russia are running high. Russia has placed close to 175,000 of its troops on the borders of Ukraine, and US intelligence suggests that ...
China’s real estate giant Evergrande is heading towards its eventual doom amid dipping fortunes which could ultimately affect everything from the jobs market to property prices in the country. The longer ...
The communist country is making all efforts to ensure that the Evergrande crisis does not lead to a liquidity crisis. Chinese government told Evergrande to not default on dollar bonds, to ...
Government of India on Wednesday (September 22) extended the term of Uday Kotak, chairman of Kotak Mahindra Bank as the non-executive chairman of debt-ridden Infrastructure Leasing and Financial Services Ltd (IL&FS) group by another ...
After years of reluctance, the Modi government has finally accepted the idea of a bad bank in order to deal with NPAs. The government has acknowledged that the problem of NPAs ...
Raghuram Rajan, the unofficial spokesperson of the Congress party who has become a habitual critic of every issue related to the Modi government, has criticized the idea of allowing the ownership ...
Last Friday, Chinese financial regulators took over nine financial institutions that were on the verge of collapse. These included four insurers, two trust firms, and three securities firms. As per a ...
China doesn’t want friends. It doesn’t want peaceful borders either. The only thing that China wants is territory- more and more of it. An expansionist China is already claiming maritime territory ...
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