Fraudulent loans cannot be sold to bad bank:…

(This story originally appeared in on Mar 08, 2021)MUMBAI: The RBI has said that loans classified as fraud should not be sold to the proposed national asset reconstruction company (NARC) to be set up by…

U.S. will defend troops and interests after rocket…

U.S. Defense Secretary Lloyd Austin speaks to Defense Department personnel during a visit by U.S. President Joe Biden at the Pentagon in Arlington, Virginia, February 10, 2021.Carlos Barria | ReutersWASHINGTON – Secretary of Defense Lloyd…

Jack Dorsey is offering to sell the first…

Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018.Prakash Singh | AFP | Getty ImagesJack Dorsey appears to be…

Sen. Joe Manchin open to party-line vote on…

Senator Joe Manchin (D-WVA) removes his mask to speak as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol…

With spike in gilt yields, FD rates inch…

(This story originally appeared in on Mar 06, 2021)MUMBAI: Even as yields on gilts rise and borrowers hold back on their fresh bond issues, banks are reducing rates on home loans. ICICI Bank is the…