Financial Crisis

Investors on Monday bought dollars, sold stocks and worried about inflation. A scramble ensued to assess the risk of a trade war after Donald Trump put tariffs on top U.S. trading partners. Trump's ordered additional levies of 25% on imports from Mexico and most goods from Canada, as well as 10% on goods from China. They're set to take effect on Tuesday, and will affect $1.3 trillion of goods, or more than 40% of all U.S. imports. The pan-European STOXX 600 index was down over 1% in early trade, set for its biggest one-day slide this year. And the euro currency also dropped more than 1%

On this day, September 15 - Know what happened today in history

September 15 has seen some profound events throughout history, shaping the world in various ways. From a significant corporate collapse to pivotal legal changes and groundbreaking milestones in engineering, this date reflects a range of transformative occurrences.

Central banks shelve guidance, in fits and starts, as inflation reigns

The endeavor is driven by recognition that renewed inflation may require higher and more frequently changed interest rates than has been the case since 2007, when a U.S. financial crisis opened an era of strong and often detailed central bank guidance that spanned the near crack-up of the euro zone, sluggish growth, an oil slump, pandemic and war.

Stable banking system, RBI regulations help avert SVB-like crisis in India: Finmin

Indian banks appear well-placed to handle any stress emanating from the current tightening cycle.

More financial institutions may fail globally, but no direct impact on India likely: PM’s advisory council member

But as interest rates keep increasing in the developed economies there could be some reversal of capital flows, and consequent impact on the exchange rate and the economy, Rakesh Mohan cautioned.

Is the oil market in the grip of short sellers?

Oil prices have fallen below the $65 a barrel mark, a level at which oil producers have hedged their production by buying put options

US Fed hints at credit crunch after banking turmoil; how is it different from credit crisis?

The recent banking sector turmoil could result in banks becoming more strict in extending credit, Federal Reserve Chair Jerome Powell said at the central bank's March meeting. In other words, a credit crunch is coming. Let’s understand in this video what that means and also how it impacts you.

LIVE: Jim Rogers Exclusive | Global banking crisis, era of high interest rates, view on India & more

Is the worst of the global banking crisis behind us? Jim Rogers, Author of Street Smarts: Adventures on the Road and in the Markets and Chairman of Rogers Holdings shares his views on the Silicon Valley Bank (SVB) collapse and Credit Suisse turmoil, and on global central banks, and their attempts to tame soaring inflation. In an exclusive interview with Moneycontrol’s Senior Consulting Editor, N Mahalakshmi, he also shares his thoughts on where India stands when compared to other emerging markets and whether gold holds more clout over equities as an asset class at the current juncture. Watch!

ANZ CEO Shayne Elliott says banking turmoil has potential to trigger financial crisis

Authorities around the world are on high alert for the fallout from the recent turmoil at banks following the collapse of Silicon Valley Bank (SVB) and Signature Bank (SBNY.O) in the U.S. and the emergency takeover of Credit Suisse.

UBS seeks $6 billion in government guarantees for Credit Suisse takeover

UBS was under pressure from the Swiss authorities to carry out a takeover of its local rival to get the crisis under control. The plan could see Credit Suisse's Swiss business spun off

SVB Collapse: Is It A Bear Stearns Moment? How Is It Different From The 2008 Financial Crisis?

Silicon Valley Bank, which was just recently hailed as one of ‘America’s Best Banks’ by Forbes magazine was forced to shut shop on Friday. Meanwhile, the already troubled banking sector is also being pressured by a steep fall in shares of Credit Suisse, a Swiss Bank that has large US and global operations. Are we staring at a repeat of 2008 like GFC? Watch this video to find out!

Silicon Valley Bank meltdown eerily reminiscent of Bear Stearns' 2008 implosion

The storied Wall Street investment bank had plunged around 50 percent in a single session in 2008, heralding the global financial crisis.

Kerala facing 'unprecedented financial crisis', says Finance Minister Balagopal

The minister, however, made it clear that the Left government was moving ahead with a "clear road map" and financial discipline to overcome the crisis and resolve the issues.

Explainer | The Evergrande crisis and how it can spiral into a global financial crunch

Chinese property giant Evergrande finds itself caught with debt of $300 billion and declining sales. Investors worldwide have been spooked by the possibility of a default that could trigger a global financial crisis.

The Only Thing That Can Really Save the Subway: Riders

A year ago the pandemic drained the subway of nearly all its riders, sickened thousands of New York City transit workers and plunged North America’s largest public transit agency into its worst financial emergency ever. Today ridership on the subway has crept back up to about one-third of its usual levels, from an all-time low of 7% last spring.

Investing during COVID-19: Lessons from the global financial Crisis of 2008-09

If your strategy is robust and you have quality investments in your portfolio, all you need to do is weather the storm

There’s hope in Tamil Nadu’s fight against COVID-19

A few errors from the state government and the inevitable easing measures have countered the good work done so far—but, with one of the better public health systems in India, Tamil Nadu has the capability to flatten the curve

COVID-19 | Let’s not deny the right to a decent burial

There can be no compromise to the right to a decent burial of those who die due to COVID-19. Society must be sensitised to this, as well as to the fact that certain medical guidelines need to be followed during these burials

COVID-19 | Inward remittances and the upcoming crisis

The large scale return of NRIs from the ‘Gulf’ will present an unprecedented unemployment crisis. This will be coupled with a sharp decline in remittances to India

Greed, Fear and Financial Crises: Learnings for investors – Part IV

In this part, we discuss the collapse of LTCM, one of the largest hedge funds in US, and the unravelling of the Enron fraud - both of which were offshoots of the stock market crash.

Greed, Fear and Financial Crises: Learnings for investors – Part III

In this part, we focus on the Asian Currency Crisis (1997-99) and the Global Commodity Crash (2014-15)

COVID-19 is an 'external health shock’ which can get morphed into a ‘financial crisis’

Though the recession is given for the year 2020, global policymakers are doing their best to keep their key stakeholders afloat in their economies through stimulus packages.

Is your portfolio resilient to COVID-induced market shocks?

Reducing allocation to riskier assets is something we don’t do because we continue to be driven by the fear of missing out

Is the current economic meltdown worse than the global financial crisis?

This time, everything is happening at warp speed, reflecting the breakneck pace at which the virus is spreading

A comparison of the 2000 tech bubble, the financial crisis of 2008 and the 2020 Coronavirus crash

Investors fear that the supply chain disruption will squeeze liquidity out of the system and pop the numerous bubbles - the global equity and debt market, tech start-ups, real estate and shale energy - that have developed in the last decade.