In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
We sorted through countless photographs taken around the world to come up with the top photos of 2019. Together these images tell the story of the year -- capturing moments of hope and heartbreak, triumph and tragedy.
Still, the failure of the agreement should signal a move away from monolithic single undertaking agreements that have defined the body for decades.
Till date, 107 elections to states and three parliamentary polls have been smoothly conducted using the EVMs.
India must change approach and have better access to networks to fulfil its digitisation dream.
The swollen Seine receded on Sunday, but between flood damages, strikes and terror fears, France was firmly stuck in the doldrums just five days before the Euro football tournament. Thick grey clouds hung over Paris as the muddy Seine slowly inched back from a three-decade high that saw it burst its banks in places, forcing the Louvre and Orsay museums to shut their doors to evacuate priceless works. But while crowds thronged to photograph the river -- Paris's star attraction this weekend -- residents in nearby towns picked through their devastated homes, with insurers estimating damages of at least 600 million euros ($681 million). Several towns remained on alert after the floods left four people dead in the Paris region this week, and over 11,000 homes were without electricity. In Paris several metro stations remained shut as a precaution.
Bayern Munich moved closer to a record-extending 30th league title after their Polish striker Robert Lewandowski ended a personal jinx in a 5-0 drubbing of struggling Fortuna Duesseldorf in the Bundesliga on Saturday. The result left leaders Bayern, who are chasing an eighth successive league title, top of the standings on 67 points from 29 games, 10 ahead of closest rivals Borussia Dortmund who visit bottom team Paderborn on Sunday.
China's state media on Tuesday defended Pakistan's nuclear record, saying it was A Q Khan who was responsible for atomic proliferation which was not backed by the government and argued that any exemption to India for Nuclear Suppliers Group entry should also be given to Pakistan.
Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.
'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'
Sebastian Coe's life was changed by his 1,500m gold medal at the politically riven 1980 Olympics so it came as no surprise to hear him argue on Saturday that a suggested boycott of next year's Sochi Games was misplaced.
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
"A clean break from the past is essential for FIFA to climb out of the toxic pit which continues to produce serious accusations of corrupt behaviour on almost a daily basis," FIFPro said in a statement.
'The year in pictures' treks across the globe, looking back on the moments that shaped 2016. From the United States presidential race, to demonetisation in India to the refugee crisis, the news has kept pouring in. Here are our top 50 moments from the world.
Two US lawmakers write to the House Speaker asking to extend an invitation
News of all that's transpired on and off the football field
'His secularism merely declared the equality of all religions in India under fundamental rights.'
Syriza lawmakers walked the corridors telling reporters the government might not survive the night.
Expenditure on health in India is at a global low of 1.2% of GDP.
The Nobel Prize for Malala may have caused deep divisions across the globe and disturbed the peace, while the award to OPCW, though not without critics, may have served the cause of peace by eliminating a weapon of mass destruction from the face of the earth, says Ambassador T P Sreenivasan.
In a blunt attack on Pakistan, Prime Minister Narendra Modi on Sunday accused it of creating "nuisance" and "constantly" troubling India by promoting terrorism.
'When you see Modi standing there at the G20, or in New York or at the United Nations, amongst all the leaders, he stands out in the crowd.' 'He looks different, he sounds different, and he has something about his quality of presentation, his oratorical skills, which clearly set him apart from the crowd.' 'The relationship between Modi and the rest of the world and India and the rest of the world has been reset as a result of the election in 2014.'
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
News of all that's transpired on and off the football field
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
Stating that India is new bright spot of hope and opportunity for the world, the prime minister said India among other things is igniting the engines of its manufacturing sector and making its farms more productive and more resilient.
As football fans arrive to watch Euro 2016, France's trade unions have undertaken a series of strikes to provoke a make-or-break situation. Claude Arpi encounters both Gallic beauty and ugliness in the country of his birth.
'Even if such a thing happens, it will not prolong for many days like Doklam did.' 'That is because both the leaders do not want it.'
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
The overall message to the middle class is: the days of freebies are over.
'This evidence is important to solve the dispute.'
News of all that's transpired on and off the football field
India must formulate a new growth path to become a top Asian economy.
'If the Iran nuke deal holds, Iran becomes a gateway to Afghanistan, and a better one than Pakistan because the route is not so mountainous. Correspondingly, I imagine Pakistan's value to the US will fall,' says Rajeev Srinivasan.
'Human rights violations are there in rural areas and in cities. In rural areas it is crude and in the open. In urban areas it is well hidden.' 'Awareness has grown several fold. India has 160 national and state human rights institutions. No other country in the world has this.' 'Unfortunately the right to association, right to assembly, freedom of expression, right to protest and discuss are all being curtailed systematically one by one.'
From being on the verge of war and violence, West Asia has actually got a sudden reprieve. Seema Mustafa explains
'If India maintains the Constitutional set-up that its founders envisaged -- which is that it is a parliamentary democracy, with a broadly speaking market economy, in which all people are equal as everyone votes, in which the rights of minorities are respected -- that will be a great thing.' 'Not just for India. But for humanity.'
Budget should raise revenues & reduce spending to increase capital expenditure.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
