After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors.
Tag: Economy
US President proposes doubling down on financial aid to Pakistan
US President Joe Biden has proposed to double the economic support fund to cash-strapped Pakistan to USD 82 million for the fiscal year 2024.
China pegs lowest economic targets in decades
China announced one of its lowest economic growth targets in years, kicking off meetings of its rubber-stamp parliament set to hand Xi Jinping a third term as president.
BJP government vs George Soros: What all parties are saying
This week, the headlines were all about the feud between billionaire investor George Soros and the BJP government over the former’s comments on the recent report by short seller Hindenburg Research on the Adani Group, and Gautam Adani’s connections with Prime Minister Narendra Modi.
Indian Budget 2023 – An attempt by the Finance Minister to woo all sections with the economic empowerment of the country
Indian Budget 2023 – An attempt by Finance Minister Nirmala Sitharaman to woo all sections with the economic empowerment of the country.
StarHub named world’s most sustainable telco of 2023 Corporate Knights’ Global 100
Mobile service provider StarHub has been named as the world’s top telco (fixed and wireless) on the 2023 Corporate Knights’ Global 100 at the World Economic Forum.
DBS CEO Piyush Gupta among 27 NRIs Pravasi Bharatiya Samman awardees
DBS Bank CEO Piyush Gupta was among 27 NRIs of the 17th Pravasi Bharatiya Samman Awards (PBSA).
Responsibility of Indians living overseas growing manifold: PM Modi
Delivering the keynote address at the 17th Pravasi Bharatiya Divas Convention (PBD) in Indore, Madhya Pradesh, PM Modi said that India has made rapid progress in the last few years.
In a digital push, Singapore and EU eye biz gains
Singapore and the European Union announced a new partnership in the digital sector, which both parties described as having “transformative potential” for the future of their economies.
Indian Energy Week to kick off in Bengaluru from February 6
India Energy Week 2023 (IEW 2023), being organised during India’s G20 Presidency, will be held in Bengaluru between February 6 and 8, 2023.
