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What caused the collapse of the Silicon Valley Bank? Turns out, one of the best explanations came from the Federal Deposit Insurance Corporation…four days before the collapse!
Gold prices sank Friday, losing 1.8% for the week as longer-term interest rates jumped with betting on the Fed hiking its rates on new US and Eurozone data showing inflation at 3-decade highs even as 'stagflation' fears grow
The case for a rural slush fund in return for farmers’ support for a net-zero-by-2050 climate target is dubious.
Will the rand reach its highs again? A number of economic and market factors determine the direction of the currency’s strength.
Following a strong show in the previous week, the week gone by saw some extension of the Nifty bounce as the benchmark index ended on a positive note. For most part of the past five sessions, the index traded in a capped range with limited upsides. This was unlike the previous week, which had wide-ranging moves. Nifty moved in a narrow 279-odd points range through the week before closing with gains. Volatility also eases. The headline index ended the week with a net gain of 239.05 points, or 1.60 per cent. In the global landscape, few important technical developments are playing out. The US D...