Bankruptcy is a legal process in a federal court that allows individuals and businesses to resolve debts while protecting their assets. It’s often viewed as a negative stigma, but the truth is it can be…
UncategorizedFebruary 18, 2025
Raghuram Rajan’s 3-point plan to get India out…
In a post earlier this month, you described the COVID -19 crisis as the worst economic emergency for India since independence but public policy decisions are all about tradeoffs. In the present context between saving…
Coronavirus live updates: Japan discovers 60 more cases…
This is CNBC's live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.Global cases: At least 2,790,986.Global deaths: At least 195,920.Most cases reported: United States (890,524),…
Facebook takes aim at Zoom with video chat…
Facebook on Friday unveiled a new video chat service with virtual "rooms" where people can pop in to visit friends, aiming at users turning to the popular Zoom platform during the pandemic. Through the Facebook…
India Post delivers Rs 412 cr cash in…
The lockdown has set off a banking revolution. Irrespective of which bank you have an account with - in a city or a village without a branch - you can call the local post office…
‘Liquid funds, GOI bonds are better bets’
What next, and what should we do? That’s the question savers are asking after Franklin Templeton stunned Mumbai’s financial community late Thursday, announcing the seizure of six debt plans that cumulatively managed Rs 26,000 crore…
Ways of the Black Swan and how to…
Nassim Taleb, in his book, explains a Black Swan event as one that a) is unexpected and b) carries extreme impact. The coronavirus pandemic is a Black Swan event considering that it was not predicted,…
‘It won’t be the same’: Italy’s small stores…
Customers at a bookshop in Rome on the first day of reopening during lockdown, on April 20, 2020 in Rome, Italy.Simona Granati - CorbisItaly's legion of booksellers, stationers and artisan businesses have started to re-open…
Facebook rolling out free video calling for up…
Facebook on Friday announced a slew of new video-calling features including Messenger Rooms, which allows users to host video calls of up to 50 people.Messenger Rooms poses an immediate threat to Zoom and Houseparty, two…