The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
In other big movements, Punjab Kings have released their last edition's captain Mayank Agarwal, while West Indies skipper Nicholas Pooran was released by Sunrisers Hyderabad.
The cable was reportedly sent on March 7, a day before the Opposition submitted the no-confidence motion and requisitioned a National Assembly session for voting on it.
A violent group of Khalistani separatists on Saturday desecrated Mahatma Gandhi's statue outside the Indian embassy in Washington during a demonstration by Sikh-American youths in support of farmers protesting against the recently enacted agriculture laws in India.
Ishan Kishan's Rs 15.25 crore winning bid from Mumbai Indians bettered the Rs 14 crore figure that Chennai Super Kings paid to retain Deepak Chahar.
New Delhi is vulnerable to US sanctions under a 2017 law called CAATSA.
Skipper Rishabh Pant (234 from nine games) showed glimpses of his destructive power but the team would want more from its skipper who is more than capable of hammering any attack into submission.
'India enjoys the maneuverability of a coming big power.' 'It is this possibility that has persuaded Moscow to humour India and stayed Washington from getting punitive about India's neutrality on the Ukraine issue.'
The US drone strike that killed Ayman al-Zawahiri has raised questions over Pakistan's possible role in the raid amid reports suggesting that the country's airspace could have been used for carrying out the precision strike on the Al Qaeda chief's safe house in Kabul.
As large-scale layoffs begin at Facebook's parent company Meta, employees on work visas such as H-1Bs are now faced with uncertainty over their immigration status, with CEO Mark Zuckerberg acknowledging "this is especially difficult if you're here on a visa" and offering support to those impacted. Meta announced that it is laying off 11,000 employees or 13 per cent of its workforce, with Zuckerberg describing it as "some of the most difficult changes we've made in Meta's history." US-based technology companies hire a large amount of H-1B workers, the majority of whom come from countries such as India.
Geopolitical tensions simmered at the US Open on Thursday as Ukrainian Marta Kostyuk refused the customary handshake at the net when Belarusian Victoria Azarenka defeated her 6-2, 6-3 in the second round.
Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.
A US drone killed al-Qaeda leader Ayman al-Zawahri at a house in Kabul, where he had been living with his family, on Saturday.
Posts on pro-Trump and far-right online networks have called for protest action on a number of dates, including armed demonstrations in cities across the country on January 17 and a march in Washington DC on inauguration day itself.
The Capitol Hill, the complex comprising of US Congress and its buildings, was briefly put under lockdown on Monday due to "an external security treat", local police said after a fire was reported a few blocks away.
The honorees smiled, held hands and exchanged hugs as they filled the stage at the glitzy event attended by top athletes and celebrities in downtown Los Angeles.
The remarks of the top Biden administration officials this week came amid growing disquiet in Western capitals over India's refusal to directly condemn the Russian aggression in Ukraine and its decision to procure discounted Russian oil.
On Thursday, the prime minister is scheduled to hold one-on-one meetings with top five American CEOs. Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others are Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.
'The inflow of FII or FDI has not distorted the market sentiments and therefore there is no question of putting any curbs.'
Donald Trump on Wednesday exited the White House for the last time as the United States President to board a flight to his Mar-a-Lago estate in Florida, which will be his permanent home after he failed to win his re-election bid.
Death came calling for the 71- year-old terrorist from the sky on Sunday morning in Kabul.
'We did not bat well and we were not able to string any partnership. We were expecting a little dew and it would have made it difficult for the Delhi bowlers. Look, it was a fair game and it was dry throughout the 40 overs, Delhi were a better team against us. We were thinking that the dew might come in and that is why we opted to chase'
What makes these players such hot properties at the IPL Players Auction?
Pakistan is once again becoming a frontline State in big-power rivalry. But this time around, Pakistan stands to gain out of its geography, observes Ambassador M K Bhadrakumar.
Here are some photographs of the violence.
Their play-off hopes dashed, both Sunrisers Hyderabad and Punjab Kings will be keen to end IPL 2022 on a winning note when the two teams clash in a dead rubber in Mumbai on Sunday.
Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
With a massive pool of talent that have performed in the IPL and in other T20Is, Indian selectors have their task cut out when they meet to pick the squad for the T20 World Cup on Wednesday.
The Biden administration expects the Modi government to continue to remain as its loyal camp follower even as Washington continues to act in self-interests, observes Ambassador M K Bhadrakumar.
Kagiso Rabada has 12 scalps to his name in five games.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
Did Prime Minister Modi receive a different kind of reception at the Biden White House on Friday than he has has been used to at the American president's home?
Decades after he received a letter from someone by the last name of Biden from Mumbai, soon after becoming a senator, Biden learned that his 'great, great, great, great, great grandfather' had worked in the East India Company. "There are five Bidens in Mumbai, India," Biden, then Vice President, told a Washington audience in 2015 at an event organised by the Confederation of Indian Industry and Carnegie Endowment for International Peace on the occasion of the 10th anniversary of India-US civil nuclear deal.
Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. Devas Multimedia America Inc had sought seizure of $145,000 but the actual recovery was $87,457.47 (a little less than Rs 70 lakh). This came after it secured a favourable order from the Eastern District Court of Virginia, Matthew D McGrill said.
Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.
Biden said the US will continue to escalate sanctions if Russia escalates.
Kevin Piertersen has urged to scrap 'ridiculous quarantine rules' ahead of Ashes, while many England players mull boycotting the five-match series.
Ahead of Saturday's event, here's a lowdown of ready references for the auction.
Get set to be amazed as Rediff.com has all that and more sporting action from the past week encapsulated in this super photo feature.
Royal Challengers Bangalore's opening batsman Devdutt Padikkal hailed the efforts of spinners Washington Sundar and Yuzvendra Chahal, who he says have played their roles to perfection to help their team put in some consistent performances in this year's IPL.
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