RBI released new draft guidelines for credit default swaps, calling them an essential instrument for developing corporate bond markets. Here's all you need to know about it.
Experience has taught bankers not to worry about the downside. The government bailed them out with no personal repercussions and without fundamentally changing the system.
Ten years after the collapse of Lehman Brothers, a major section of the financial ecosystem has moved into the shadows where there is neither transparency nor regulation.
In a bid to make finance safe, we have ended up forcing developing countries to rely on their own resources or on dangerous new benefactors, such as China for funds.
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...
Airshows are thrilling spectacles of aviation skill and engineering marvels. But they carry inherent risks as the crew is pushing the aircraft, and themselves, to perform at the edges of the envelope.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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