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RBI sees no signs of excess credit risk, keeps countercyclical capital buffer inactive

The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer (CCyB), indicating that current financial and credit conditions do not warrant an additional capital requirement for banks, PTI reported.The central bank said the decision followed a review and empirical assessment of indicators used under the CCyB framework.“Based on review and…

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Scientists say ancient Greece was not the plain white world we imagine, and the Parthenon holds the clues

This discovery challenges the centuries-old perception of “classical purity,” showing a far more lively and decorated ancient world than previously understood. Image credits: Wikimedia Commons When you think of ancient Greece in the dark of night, what do you visualise? You are likely imagining a land that is full of white marble. This comes from…

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