 | UN to deliver diagnosis, prescription for climate crisisTo be unveiled ahead of COP28 in Dubai, the stocktake will confront countries with the deep inadequacy of their Paris pledges to cut emissions. |
 | Interest rate risk: SVB's nemesis a well-known foe in bankingA precipitating event in SVB's collapse was the March 8 disclosure that it sold USD 21 billion in securities at a loss of USD 1.8 billion to raise cash to fund operations. |
 | Water crisis in NDMC area due to low supplyThe water supply received from the DJB over the past 15 days is very low, approximately one-third of the actual quantity prescribed for the NDMC area, Kuljeet Singh Chahal, Member, NDMC said. |
 | Indian banks insulated from global spilloversThe situation appears similar elsewhere, too, with the systemically important Credit Suisse gasping for breath. |
 | Sri Lanka's economy shrank by record 7.8 per cent last yearThe data showed some improvement in Sri Lanka's fiscal position with inflation moderating to about 50 percent in February, down from a record high of 69.8 percent in September. |
 | Credit Suisse to borrow USD 54 billion from Swiss central bank after share price plungeA day earlier, Credit Suisse reported that managers had identified "material weaknesses" in the bank's internal controls on financial reporting as of the end of last year. |
 | Credit Suisse: Switzerland's second largest bank hit by scandals, market panicCredit Suisse shares went into free fall Wednesday, as the banking giant battered by a series of scandals, was seen as the "weakest link" in the Swiss banking sector. |
 | Governor can’t precipitate govt fall, observes SC on Maharashtra crisisThe top court asserted that a governor of a state cannot lend his office to effectuate a particular result while hearing on the events that unfolded during the 2022 Maharashtra political crisis. |
 | Silicon Valley Bank collapse: Indian banks can handle crisis, unlikely to be affected, say analystsBanks’ strong funding, liquidity to allow them to hold onto their HTM bonds, says Moody’s |
 | Pakistan seeks US help to secure 'lenient treatment' from IMFPakistan's economy is in dire straits. The foreign exchange reserves fell to a critically low level of USD 2.9 billion a few weeks ago. |
 | India imported 186 MT coal in FY23: Govt dataCoal is the mainstay of energy and it contributes about 70% of the total power generation in the country. India is the second largest coal producer but also the second largest importer in the world. |
 | Punjab crops may face brunt of power outagesPunjab could witness power outages in the coming months (May to September), affecting crop production. |
 | IT professionals retreat to hometowns to escape the toxic fumesProgressive Techies, an association of professionals at are discussing with the district administration to see if a mandate could be issued to provide work-from-home option for empoyees. |
 | US President Biden proposes to double economic support fund to cash-strapped PakistanThe State Department’s budgetary proposal plans to give Pakistan USD 82 million for fiscal 2024, beginning in October, The support was USD 39 million in 2022. |
 | How to turn around the climate crisisAll around the world, indigenous communities have ingenious ways of living with nature. While they protect biodiversity, they also generate an economy from it. |
 | Biden weighs detaining migrant families entering US illegallyUnder current policy, families who arrive at the US-Mexico border are released into the US and told to appear in immigration court at a later date. |
 | Mega project on slow lane, water crisis looms in OdishaFoundation stone of the mega project was laid by Chief Minister Naveen Patnaik in 2018. Taken up at a cost of Rs 241 crore, the project was supposed to be completed in two years. |
 | The fall and fall of PakistanIslamist policies, political and military corruption, and a terrorism problem of its own creation has brought India’s rogue neighbour to the brink of destruction |
 | Maharashtra issue falls within politics, judiciary cannot be asked to adjudicate: Shinde faction tells SCAn advocate who appeared for the Shinde faction argued that there is an artificial distinction sought to be created between the legislative party and the original political party. |
 | India urges G-20 ministers to look beyond East-West crisisPrime Minister Narendra Modi urged them not to allow current tensions to destroy agreements that might be reached on food and energy security, climate change and the debt crisis. |
