For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
The executive order also provides authority to impose sanctions on any person determined to operate in those areas of Ukraine.
United States President Biden, Vice President Harris and their families received a presidential escort to the White House, hours after the new administration was officially sworn into office. Biden's ride to the White House came as part of a day of inauguration activities, including the swearing in ceremony at the Capitol and a wreath-laying event at the Tomb of the Unknown Soldier at Arlington National Cemetery.
Assistant Secretary of State for South and Central Asia, Donald Lu, was speaking to members of the Senate Foreign Relations Committee, just after India had abstained from a vote on the United Nations General Assembly resolution.
The Biden administration has reaffirmed its commitment to support India's permanent membership in a reformed UN Security Council and New Delhi's entry to the Nuclear Suppliers' Group.
India-born US district judge Amit Mehta, an Obama appointee, has been assigned the justice department's crucial lawsuit against internet search giant Google.
Pictures of thousands of Kolam tiles were on Saturday woven into a video to welcome Biden and Harris in the spirit of 'Presidency for All' and to showcase the multi-cultural heritage of America.
Twitter "took extraordinary steps to suppress" The New York Post's Hunter Biden laptop story, removing links and posting warnings that it may be "unsafe."
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