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Saturday, November 2, 2024
Topic2008 financial crisis

Topic: 2008 financial crisis

The Lehman crisis was bad, but the government’s cure could leave us all worse off

A growing portion of the financial ecosystem has retreated into the shadows where there is neither transparency nor regulation. On a Sunday night 10 years ago, I...

The billionaires and the baba: How Fortis Healthcare founders burnt through $2 billion

Over the years, brothers Malvinder and Shivinder loaned about Rs 2,500 crore to their spiritual guru Gurvinder Singh Dhillon which they failed recover.

Banks are still not trustworthy, even if they tell you they are

Though regulators claim financial systems are now stronger than they were in 2008, their resilience is yet to be seen. 

Recessions can be predicted years in advance, say experts

Cracking the code of booms and busts will allow central banks, regulators & policy makers to stave off crises instead of cleaning up afterwards. 

10 future shocks our world is completely unprepared for

According to the World Economic Forum’s Global Risks Report 2018, shocks such as the 2008 financial crisis may become more likely.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.