India's lending system’s aggregate balance sheet had a gaping hole even before Covid-19. Now, things could turn uglier. ( read original story ...)
A Guru and a Tycoon Feel India’s Endless Bank Salvage Pain
As a battle shapes up around collapsed lender Dewan, central bank stress tests predict non-performing assets in the system could double. ( read original story ...)
Nursing back post-Covid financial system biggest challenge for India
The state-dominated lending system's aggregate balance sheet had a gaping hole even before Covid-19. Now things could turn uglier ... ( read original story ...)
India needs Elon Musk’s Tesla as well as local electric cars to compete — here’s what Finance Minister’s Budget 2021 may do
In the year when billionaire Elon Musk-led Tesla is planning to enter India, the EV will be watching Finance Minister Nirmala Sitharaman’s Union Budget 2021 very closely. India has been trying to get ... ( read original story ...)
China Wants to Open Up Its Financial Markets to Foreigners — But It’s a Long Road Ahead
Regardless of the pandemic or geopolitical tensions, China has stuck to plans to increase the ability of foreigners to participate in the local financial market. ( read original story ...)
Tesla moves a step closer to launching in India
Tesla Motors India and Energy Private Limited was incorporated last week with registered offices in Bengaluru. Tesla chief executive Elon Musk tweeted in October about a foray into India. India’s ... ( read original story ...)
2 foes of Georgia Senate GOP leaders lose committee posts
Republican leaders in the Georgia state Senate are stripping two of their internal opponents of committee chair posts. ( read original story ...)
In Georgia, Trump’s Attacks on Election Still Haunt Republicans
In the aftermath of President Trump’s efforts to subvert the election, state officials face harassment and threats, and a district attorney is weighing an inquiry into the president’s actions. ( read original story ...)
Singapore Airlines launches US debt debut
Singapore Airlines SIAL.SI launched its first US dollar bond on Wednesday to help fund the purchase of new aircraft, according to a term sheet seen by Reuters. The size of the deal has yet to be ... ( read original story ...)
Singapore, Malaysia to keep supply chains going amid emergency: minister
Singapore and Malaysia will continue to work closely to keep supply chains going amid the movement control restrictions and state of emergency declared in Malaysia, said Minister for Trade and ... ( read original story ...)