Silicon Valley Bank collapse can affect over a lakh of jobs. The FDIC’s standard insurance covers up to $250,000 per depositor. What happens to the depositors whose more than $250,000 are lying in the bank? Companies like RazorPay, AngelList and other neo-banks have jumped in to provide solutions to startups. On 9th March 2023, major […]
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The sudden death of a loved one can be emotionally and financially damaging, mainly if the primary cause of death is someone else’s negligence or intentional acts. In such cases, the surviving family members can pursue a wrongful death lawsuit to help compensate for some of the financial losses they have incurred due to their […]
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California has one of the country’s largest markets for private money loans, as the state is home to the country’s largest and most active single-family residential real estate market, boasting over 14 million housing units. Private loans or hard money in California are alternative financing options for individuals or businesses seeking to purchase or refinance […]
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Finance Minister Nirmala Sitharaman presented the Union Budget 2023 for the financial year 2023-2024 in the Lok Sabha. She started her speech by explaining the economic situation of the country in the last few years under the Narendra Modi Government. While presenting the budget, she mentions India has come a long way in economic growth and […]
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We all do UPI payments almost daily. Be it PhonePe, Google Pay, Paytm, or others, we all have learnt their location on our phones. Imagine the world when there was no UPI (Unified Payments Interface), we all used to carry wallets containing notes of lower denominations like Rs 10, Rs 20 and Rs 50. And […]
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Reserve Bank of India (RBI) launched the first pilot of the digital rupee on November 1, 2022 The project focuses on the settlement of secondary market transactions for government securities. As per the statement by RBI, Digital Rupee will also be used for retail transactions soon. The Central Bank of India commenced the pilot launch […]
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Highlights: Reliance Jio 5G network services are rolling out in four cities in India – Delhi, Mumbai, Kolkata and Varanasi. It will enter more and more cities in the coming days. Initially, Jio 5G will be available on an invite-only basis which means that the invite to use Jio 5G services will be delivered to […]
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A personal loan is an amount of money that you avail of from a lending institution, which you have to repay within a stipulated period along with the principal and interest. How To Choose the Best Personal Loans? A personal loan is a convenient way to get access to instant funds. Whether it is […]
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Highlights: The six listed firms of the Adani Group had a gross debt of ₹2,30,900 crore as of FY22-end. Net debt after accounting for cash in hand was approximately ₹1,72,900 crore. “In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation […]
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In the biggest demolition case that India has ever witnessed, Noida Supertech Twin Towers (Apex and Ceyane) were destroyed in just 9 seconds. The Supertech Twin Towers were said to be the highest skyscrapers in India that were torn down to pieces after the order issued by the Supreme Court of India. The height of […]
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