financial crisis
FINANCIAL CRISIS NEWS
Gen Z leads Kenya’s 'Saba Saba March' against tax hikes and police brutality
July 14, 2025 10:41 am
On July 7 every year, Kenyans honor the pro-democracy uprising of 1990. However, this year’s protests over heightened taxes and corruption were met with live ammunition, mass arrests, and shoot-on-sight orders.
Kusha Kapila’s ex-husband Zorawar Ahluwalia opens up about financial struggles, says, ‘I am not where I thought I would be’; expert on the toll it can take
April 22, 2025 11:30 am
“Honestly, I wanna say this out loud: I have been struggling financially, which has been giving me a lot of stress,” said content creator Zorawar Singh Ahluwalia
Vivek Oberoi recalls declining stardom, says bouquets stopped coming on birthdays: 'Dal-roti chalani hai, EMI bharna hai'
December 14, 2024 10:19 pm
Vivek Oberoi also shed light on the often-overlooked reality of an actor's life, revealing that maintaining a certain image and lifestyle comes with a hefty price tag, one that can be a significant burden, especially during lean times.
Sri Lanka cabinet approves 40% hike to minimum wage
March 26, 2024 4:56 pm
Revision of the minimum wage from 12,500 rupees ($42) to 17,500 rupees was approved by cabinet to support people living in poverty, said cabinet spokesman and Transport Minister Bandula Gunawardana.
Facing a financial emergency? Should you take a gold loan or personal loan
September 08, 2023 12:58 pm
While having an emergency fund is among the tenets of financial prudence, there are times when our funds may not be sufficient to deal with the situation at hand. That is where loans, specifically personal loans or gold loans, can be useful.
Financial condition during pandemic: Ex-corporator gets more time to deposit Rs 3 lakh to hear PIL
May 17, 2023 9:01 pm
The lawyer submitted that due to his financial position, which was not good after Covid-19 pandemic, Vikrant Bhimsen Chavan was unable to arrange for the funds to comply with the order dated April 24 and the same shall be paid within one week.
Silicon Valley Bank 'conducting business as usual', says new CEO
March 14, 2023 10:41 am
Silicon Valley Bank's new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter seen by Reuters.
Nithin Kamath's lesson from SVB collapse: 'Have funds distributed across a bunch of banks'
March 13, 2023 5:32 pm
On Friday, the US regulators shut down the Silicon Valley Bank, which mostly lent money to start-ups, venture capitalists (VCs), and tech firms. It is the second largest bank failure in the history of the US, and first since the 2008 financial crisis.
Silicon Valley Bank is largest failure since financial crisis, billions stranded
March 11, 2023 11:44 am
The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, the FDIC said.
Kerala facing 'unprecedented financial crisis', says Finance Minister K N Balagopal
December 06, 2022 1:38 pm
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.
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