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Indian guilty of attack on US firm servers

An Indian computer programmer was convicted on Wednesday by a federal jury of planting a virus on Fannie Mae computer servers to destroy theAmericanmortgage giant's data. Rajendrasinh Babubhai......

Comatose US Senate India Caucus gets new life

United States Senators Christopher Dodd and John Cornyn have launched an attempt to revive the largely comatose US Senate India Caucus. Coryn founded the US Senate India Caucus nearly five years......

I am not out of the race, says McCain

Trailing in a raft of polls with barely a week to go for the November four showdown, the Republican nominee for the Presidential election has vowed a comeback even if many political analysts have......

Another Obama staffer steps down

In another embarrassment for Democratic presidential nominee Barack Obama's White House campaign, the person heading the team looking for his running mate has abruptly resigned following outcry......

Obama in no hurry to choose veep

Having clinched the Democratic presidential nomination, Barack Obama indicated on Thursday that he was in no hurry to choose his deputy, a ticket coveted by vanquished rival Hillary Clinton, saying......

PSB Bull Run: Time For Govt To Reap Riches

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......

Tough Times Lie Ahead For Banking Sector

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......

Lehman@10: How the crisis unfolded

The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players......

Lehman crisis@10: Has the financial world changed for the better?

The 2008 financial crisis set off by the crash of Lehman Brothers in the US pushed back global growth, which declined from a high of 5.6 per cent in 2007 to 3 per cent the next year and a negative......

'Minimum government, maximum governance' in public sector banks

The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.  Minimum government and maximum governance was one of......

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