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News of the worrying shortfall came amid the closure of Silicon Valley bank- the largest collapse since Washington Mutual in 2008
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Retail inflation for February 2023 fell marginally to 6.44 per cent compared to 6.52 per cent in January 2023
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“This morning, the government and the Bank of England facilitated a private sale of Silicon Valley Bank UK to HSBC,? Treasury chief Jeremy Hunt said in a Tweet.
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The dollar index, which gauges the greenback's strength against a basket of six currencies fell 0.77 per cent to 103.78.
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Dr Sateesh Reddy, Scientific Advisor to Raksha Mantri and Former Chairman, DRDO reviewed the development of the robots that Svaya has undertaken to develop with DRDO inputs.
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The strong opening comes after two straight trading sessions of losses for the benchmark indices.
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One of the significant banks for the crypto industry, Signature Bank had $88.59 billion in deposits as of December 31, 2022 and the New York Department of Financial Services has taken possession of the bank
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California-based Silicon Valley Bank, the 16th largest bank in the United States, was closed on Friday by the California Department of Financial Protection and Innovation which later appointed the FDIC as its receiver.
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Two of Silicon Valley Bank's top officials dumped millions of dollars worth of stock just two weeks before the firm collapsed
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The collapse of Silicon Valley Bank has left several Indian startups worried who have exposure to its investments
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The report said that between FY 2004-05 and 2021-22, the national parties collected Rs 17,249.45 crore from unknown sources
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The moves came as the firm, a key tech lender, was scrambling to raise money to plug a loss from the sale of assets affected by higher interest rates, BBC reported.
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Digital payments platform PhonePe claims to have digitised over 35 million offline merchants spread across tier 2, 3, 4 cities and beyond, covering 99 per cent pin codes in the country.
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Lockheed Martin and India's Tata Group have inked an agreement for the production of fighter plane wings at their joint venture Tata Lockheed Martin Aerostructures Ltd
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T-Hub launched the Cohort 10 of its Lab32 programme, which has already witnessed the successful acceleration of 249 startups
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The present lot of six aircraft will be procured with an upgraded fuel-efficient engine coupled with a five-bladed composite propeller
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C Shekar Reddy, CMD, CSR Estates, recently elected as chairman of CII Telangana for 2023-24, tells Telangana Today about his plans as the industry body’s Telangana chairman
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In a briefing with reporters, WhatsApp Head Will Cathcart slammed the Online Safety Bill as the most concerning set of online regulations in the western world, reports Wired
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The objective of the conclave was to bring the stakeholders across the whole millet value chain under one roof held at ICAR-NAARM, Rajendranagar
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Father of Ritesh Agarwal, Founder and Group CEO, OYO, has died after falling from the 20th floor of a high-rise located on the Golf Course Road
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The Lokesh Machines company is investing over Rs 100 crore in the first phase to create a greenfield facility at Hyderabad for manufacturing the weapons and its accessories
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The Indian Railways has signed an agreement with Tata Steel to manufacture the 22 trains of the country's fastest and feature-rich Vande Bharat Express in the coming year
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Will be first OEM to take up such a facility Hyderabad has a vibrant aerospace and defence ecosystem
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Spreading the tenacity of the boycott culture, Swiggy and Bharat Matrimony are the latest victims of the boycott brigade
