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The banking sector seems to be hit by a pandemic. The crisis so far has been mostly contained to the US, and the European market. After the collapse of two US banks - Silicon Valley Bank (SVB) and Signature Bank - another bank, Credit Suisse, is facing a financial crisis.

Over the weekend, you must have heard of a bank crash in the US. By Monday, there was news of another bank crashing. While the collapse of two banks - Silicon Valley Bank and Signature Bank - has turned the market in the US upside down, here's how the story is unravelling in India.

Shark Tank Season 2 has been winning over audiences much like its predecessor. But with fan-favourite judge and BharatPe founder Ashneer Grover not included in the judging panel, some fans grew disappointed when the season debuted early this year. Now, another talking point around it is the current financial status of its judges and their companies. 

Adani Enterprises on Wednesday announced the withdrawal of its Rs 20,000-crore follow-on public offer (FPO) hours after shares of Adani Group of companies saw a huge crash on Wednesday, triggering volatility in the share market.

The Budget for this year (financial year 2023-2024) is out and Union Finance Minister Nirmala Sitharaman has a few incentives that Gen-Z might be interested in. While the college-going folks or the newly-recruited people in their early 20s might not care much about agricultural industry reforms and gold-silver-diamond prices, they might bat an eye for some highlights like mobile phones getting cheaper and clothes getting more expensive.

Giving some relief to the Indian middle class, Union Finance Minister Nirmala Sitharaman has announced to increase the tax exemption limit to Rs 3 lakh and the rebate limit from Rs 5 lakh to Rs 7 lakh under the new tax regime.

Japanese multinational SoftBank was about to enter a deal with Indian car servicing startup GoMechanic but now the deal seems to be off the table given how GoMechanic's own co-founder has admitted to lapses in financial reporting, and has gone on to fire 70% of the company's workforce. 

Be it for the memes or the judges, Shark Tank India's debut season was a huge hit among audiences. Currently in its second season, the financial reality show continues to amass a large viewership. But getting to the business side of it, some companies and startups did manage to increase their valuation and public image significantly with the newfound fame that the show gave them.

We hear inspiring stories of people who went from rags to riches, but we also need to hear the stories of those who went from riches to rags. The wise saying goes: It is not about how much money you can earn, it is about how much you can keep and multiply. 

I was standing just outside my office and recalling how Karma had come for me, given that I generally was the one who doled out free advice to all my cabbies to open a bank account or start accepting online payments.