Cash-strapped Pakistan reportedly earned USD 364 million in an arms deal with two private US companies last year to supply ammunition to Ukraine in its war with Russia, according to a media report.......
'The power sector accounts for much of the financial burden of state governments in India.' Illustration: Uttam Ghosh/Rediff.com State governments have announced over Rs 1 trillion in......
The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters.She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal......
Sri Lankan protesters, who have been camping at the main beachfront outside Sri Lankan President's Secretariat in Colombo, have now extended their protest to Prime Minister Mahinda Rajapaksa's......
Faced with critically low forex reserves, Sri Lanka on Tuesday announced that the crisis-stricken country will default on its external debt pending a bailout package from the International Monetary......
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues?Perhaps they think Zee is a deep-value stock, observes Debashis Basu. Photograph: Kind courtesy ZEE5......
Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion.It's time for the government, the majority owner of public sector banks, to reap the......
Expect heightened volatility and stress to hit the markets.Caution may be the need of the hour, alerts Akash Prakash. Illustration: Uttam Ghosh/Rediff.com Finally, the month of March has come to a......
For the banking system a new cycle starts in FY2024.It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay. IMAGE: Finance Minister Nirmala Sitharaman......
What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid......