Bank's capital shortfall—causes and consequences

It has been learnt from a media report that our banking sector is facing a crisis as nine banks are identified with capital shortfall. The report further states that six state owned banks and three private banks have failed to meet the minimum capital requirement. By any standard, bank's capital...

ITALY'S WRITING ON THE WALL

As the home of both the Roman Empire and the Renaissance, Italy has long been at the forefront of cultural developments in Europe and Western Eurasia. But it has also long served as an example of political decline. Edward Gibbon's classic The History of the Decline and Fall of the...