Silicon Valley Bank became the financier to tech stars by offering an array of products tailored to their needs, that few other institutions dared. Its demise could further strain cashflows amid funding dropping to its lowest in five years
High levels of inflation in most economies have increased volatility in equity markets and lowered returns. It may remain so in the immediate term
Unlike in the 2008 crisis, this time the quality of assets that banks have is not in doubt, only their mark to market value has eroded
A lower control threshold that triggers beneficial ownership provisions under the anti-money laundering law is raising fears it will affect foreign investment
The ripple effects of the Silicon Valley Bank episode may be felt as far as India, due to the interconnected world of flows and investor sentiment
Next month should see lower headline inflation due to a high base, but even so RBI’s estimate for the quarter will be below the actual inflation number
Corruption allegations have stalked the BJP government in Karnataka since 2019 and the party hasn’t quite succeeded in changing this narrative. BJP’s only solace is the magnanimity of the opposition Congress and JD(S), both failing to up the ante despite several scandals
Regulators have stepped up to the plate quite promptly this time around. This is expected to hopefully arrest the situation before it snowballs into something bigger and scarier
The futures market is mispricing the outlook for crude
There is much to learn from the faster adoption of AI by other countries. Trials and real-world usage have flagged both benefits and concerns. But in the long run, human judges and lawyers currently dispensing justice could find themselves redundant
The world’s second-biggest stablecoin got thrown off its peg because of the demise of a bank relatively unknown outside Silicon Valley
The promise of a large middle class that drew brands from across the world to India after liberalisation is finally reaching fruition. What was a small market in 2006 has now become large enough to sustain the ambitions of the largest of global marketers
In today’s edition of Moneycontrol Pro Panorama: US losing its influence in the middle east, India on its way to be a semiconductor major, new HUL chief has his hands full, is India ready for faster trains, and more
Irrespective of how the restoration of diplomatic relations between Saudi Arabia and Iran plays out amid their intense rivalry in West Asia, China’s role in mediating the secret talks lifts its international standing several notches higher
While there are no pressing problems at HUL that a new chief executive needs to solve, here are some areas that merit attention
Did the US authorities do enough to quell worries about bank runs?
With demand set to grow nearly by a third in absolute terms, generation and storage of renewable energy is the only sustainable solution to meet volatile summer demand
Have we reached the point where startups will bypass VC firms and just go straight to billionaires for funding?
The spam problem will only get worse as marketers use ChatGPT to draft emails, allowing them to send even more junk you have no intention to read
China has persuaded old rivals, Saudi Arabia and Iran, to shake hands and has expanded its influence as a dealmaker. This means a loss of influence for the US which will try to scuttle it. For India, it is going to be a difficult ropewalk
Australian premier Anthony Albanese’s consequential visit to India unveils opportunities for trade, investment, energy cooperation and greater naval engagement in the Indo-Pacific. If these take off, the strategic architecture of the Indo-Pacific could be poised for a big transformation
India is taking steady but small steps towards becoming a powerhouse in electronics manufacturing. A self-sufficient semiconductor ecosystem can give wing to its ambitions
Tata Motors investors will gain from the listing of its subsidiary Tata Technologies although long term prospects will hinge on how the firm fares in the competitive milieu
It is the first Indian train designed for 180 kmph, a speed it surpassed in trials. But the travesty is that no Indian train, including the Vande Bharat, clocks an average 100 kmph speed in service for several reasons
An estimate says 60 per cent of well-known accelerator YCombinator’s start-ups with India connections have accounts in SVB, because that was the go-to default option ‘recommended’