US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said in a joint statement that all depositors of Signature Bank "will be made whole".
Category: USA
Oscars 2023: India's 'The Elephant Whisperers' brings home Best Documentary Short Film
The award was presented by Pedro Pascal. 'The Elephant Whisperers' was competing in the category alongside 'Haulout', 'How Do You Measure a Year?', 'The Martha Mitchell Effect' and 'Stranger at the Gate'.
Oscars 2023: Keeravani floors audience with his version of 'Top of the World'
In an unusual acceptance speech that got him several rounds of applause, Keeravani gave his unusual spin to the ageless hit of The Carpenters, 'Top of the World', that many of his age have grown up grooving to.
Oscars 2023: 'Everything Everywhere All at Once' picks 7 titles including Best Picture
The victory is a big one for A24, the indie studio that pushed the zany film to an impressive $100 million at the box office, a stunning achievement at a time when the market for arthouse movies has shrivelled.
Oscars 2023: Brendan Fraser says 'I'm grateful for throwing me a creative lifeline'
Fraser picked up the Academy Award for his role as Charlie, a house-bound 600-pound English teacher who is trying to salvage his relationship with his estranged daughter, played by Sadie Sink.
Oscars 2023: Michelle Yeoh breaks glass ceiling for Asian actresses with her win
Malaysian actress Michelle Yeoh has become the first Asian actress to walk home with the Best Actress honour at the 95th Academy Awards. Yeoh was awarded for her stellar work in 'Everything Everywhere All at Once'.
Oscars 2023: 'Naatu Naatu' once again beats Rihanna, Lady Gaga; wins Best Original Song
Music composer M.M. Keeravaani said on receiving the honour: "Thank you Academy. I grew up listening to The Carpenters... and here I am at the Oscars. There was only one wish on my mind... So was Rajamouli's and my family... 'RRR', pride of every Indian. Thank you."
US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank
US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank's investors after the bank was abruptly shuttered, but said financial regulators are "concerned" about the impact to depositors and working to address their needs, media reports said.
Silicon Valley Bank CEO sold $3.5m in shares just two weeks before collapse
CEO Greg Becker offloaded over $3.5 million worth of stocks - which amounted to nearly 12,500 shares - in a pre-planned, automated sell-off on February 27, according to a US Securities and Exchange Commission filing, the New York Post reported.
Is India a 'friend'? Bilawal chokes on the word
Is India a "friend" for Pakistan? Pakistan Foreign Minister Bilawal Bhutto Zardari choked on the word "friend" while trying to refer to India and with the word stuck in his craw twice, he finally settled on "our neighbouring countries".
Bilawal admits Pakistan unable to get Kashmir attention at UN
Pakistan's Foreign Minister Bilawal Bhutto Zardari has admitted that Islamabad has been unable to get Kashmir to the "centre" of the UN agenda and India's diplomacy is able to scuttle its efforts.
Trump may be charged in connection with hush money paid to adult film star
Throwing a huge question mark over the 2024 election, former President Donald Trump may be criminally charged in connection with hush money he allegedly paid to silence Stormy Daniels, an adult film star, who said she had an affair with him, according to news reports.
India taking steps to counter manufacture of illegal synthetic drugs
India is taking proactive action to counter the illegal diversion of materials from its sprawling pharmaceutical industries and the use of an army of "underemployed" highly qualified chemists to make illegal synthetic drugs, according to the International Narcotics Control Board (INCB).
Biden to unveil tax hikes on wealthy Americans, corporations
US President Joe Biden will make a renewed push to overhaul the nation's tax code and dramatically raise the rates paid by corporations and wealthy Americans, the media reported.
Women's Day: India calls attention to terrorism that affects them most
Speaking at the Security Council on Tuesday, India's Permanent Representative Ruchira Kamboj said that "women and girls suffer invariably and disproportionately" from terrorism and violent extremism that are the biggest violators of human rights.
UN chief to meet Ukrainian President in Kiev
On July 22, 2022, Russia and Ukraine separately signed a document in Istanbul with Turkey and the United Nations on grain and fertiliser exports from Ukraine and Russia to ensure supplies to global markets amid the Russia-Ukraine war.
Did Fauci commission paper used to debunk Covid lab leak theory?
A February 2020 science paper that debunked the Covid lab leak theory was commissioned by former White House chief medical adviser Dr. Anthony Fauci, according to the US House Select Subcommittee on the Coronavirus Pandemic.
Having been duped, US city scraps agreement with Nithyananda's 'Kailasa'
Having been duped, a US city has scrapped a sister-city agreement with the fictional nation of "Kailasa" that the fugitive godman Nithyananda's outfit claimed was recognition by Washington.
UNSC to hold high-level debate on countering terrorism
Mozambique will convene a high-level debate at the UN Security Council chaired by President Filipe Nyusi on countering terrorism,"a matter of great concern for the world", according to Permanent Representative Pedro Comissario Afonso, who took over the Council's presidency.
Ahead of Blinken visit, US contrasts its G20 goals and Russia's
Just hours before Secretary of State Antony Blinken reached New Delhi for a meeting of G20 foreign ministers, the US sought to draw a sharp contrast between its own goals for this group of the world's most industrialised nations and Russia because of its invasion of Ukraine.
Nikki Haley slams Pakistan as one of the 'bad guys'
Nikki Haley, who is seeking the Republican nomination to run for White House, on Tuesday slammed Pakistan as one of the "bad guys" the United States had paid millions out of its own weaknesses.
Nithyananda's fictional nation of 'Kailasa' worms way into UN panel discussion giving false impression
Representatives of fugitive self-proclaimed godman Swami Nithyananda's fictional nation of 'Kailasa' have wormed their way into a UN committee's discussion on sustainable development in Geneva creating the false impression that the world organisation has recognised it.
Indian-American named associate justice of California 3rd District Court of Appeal
Judge Mesiwala, who would now be the first South Asian American woman and the first Muslim American woman on any appellate court in the country, would fill the vacancy created by the retirement of Justice Coleman A. Blease.
Nikki Haley starts arduous campaign in 2 key states, will have Wall St fundraiser
Nikki Haley has kicked off her against-all-odds campaign for the Republican Party's presidential nomination with visits to two key states portraying herself as a "badass" woman who can get things done, and with a Wall Street fundraiser scheduled for Tuesday.
US lawmaker warns India against Chinese-tainted Russian weapons
A top US lawmaker has cautioned India against "compromised" Chinese elements in technology it may have imported from Russia in view of growing ties between Moscow and Beijing.