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FINANCIAL CRISIS NEWS

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.

Expert Explains: UK financial crisis and global economic outlook

October 20, 2022 6:58 pm

Udit Misra speaks to Adam Tooze, Professor of History, University of Columbia, on the mayhem in UK economy and more.

Bangladesh requests loan from IMF; economists say ‘reforms in financial sector’ needed

July 26, 2022 10:19 pm

Bangladesh asked for loan from the IMF in view of rapidly declining foreign exchange (Forex) reserves, Dhaka Tribune reported.

Netaji's Forward Bloc struggles to stay afloat amid financial woes, dip in vote share

January 23, 2022 2:56 pm

Apart from Netaji, the party also boasts of having several stalwart leaders as its members, including including H V Kamath, Hemanta Basu, RS Ruiker, S B Yagee and SS Kavishar among others.

‘Unsustainable, alarming’: TN govt flags major financial crisis, says structural changes needed

August 10, 2021 7:10 am

Releasing a white paper that also flagged the state’s massive debt, Finance Minister Palanivel Thiaga Rajan blamed the previous AIADMK government for the shaky finances and said: “Revenue generation has come down. A government without revenue cannot address problems.”

Argentina races to curb a financial crisis

September 03, 2019 12:58 pm

The value of the peso has plunged around 25% since the primary amid a broad sell-off of Argentine assets and debt. Argentina’s Central Bank has also been hemorrhaging reserves as it has tried to shore up the peso.

Greece, Financial crisis, European Central Bank, Greece bailout, Greece creditors, Finance Minister, Yanis Varoufakis, Greece financial crisis, World news

Greece in limbo: Shuttered banks keep lifeline

July 02, 2015 11:08 am

Greece is seeking a third bailout from the eurozone rescue fund after the previous deal expired this week without agreement on the terms of final pay outs.

Delhi government, financial crisis, North Delhi Municipal Corporation, Delhi government financial crisis, Delhi news, indian Express

Broke North Corpn searches all its pockets

May 28, 2015 1:36 am

As salaries become due once again and pensions remain pending for approximately a year, the corporation is looking at some grant-in-aid from the Delhi government.

Not so festive

September 12, 2014 1:00 am

Mumbai Film Festival’s financial crisis brings into sharp focus several loopholes and the lackadaisical attitude of patrons of cinema.

Yellen prepares Wall Street for more wholesale funding rules from US Fed

April 16, 2014 1:39 am

In a video speech, Yellen praised new liquidity standards for global banking firms, but warned that they do not apply to so-called shadow banks or to the financial system.