When you buy a new car, you may wonder if the warranty covers all the things that aren't covered. After all, most warranties don't cover any of the following: brake pads and rotors, batteries, windshield…
Brett Arends’s ROI: Working for yourself? Open your…
At the risk of sounding like Thomas Friedman, who is famous for getting insights from taxi drivers, when I get in an Uber UBER, +2.14% or a Lyft LYFT, +7.02% I often find myself talking…
Banks to install contactless ATMs to cut down…
MUMBAI: With reduced hand contact becoming the norm in the wake of the coronavirus pandemic, banks are set to deploy contactless ATMs. A prototype has been developed by payments company AGS Transact Technologies, which uses…
View: How to pay depositors when borrowers don’t?
Mumbai: Nationalisation of banks was a turning point in the history of Indian banking. Half a century later, we are awaiting the next one. It's not the government's likely privatisation but what the Supreme Court…
RBI allows relaxation to payment operators on various…
MUMBAI: In a move set to bring relief for payment companies and banks, the Reserve Bank of India has relaxed timelines prescribed for compliance with recent regulatory and security related guidelines. With companies operating with…
Black corporate, nonprofit leaders say protests point to…
Corporate and nonprofit leaders are echoing the anger, pain and frustration expressed by many Americans after the death of George Floyd, the 46-year-old black man who died in police custody in Minneapolis on May 25…
PNB lowers rates on savings account deposits by…
Following industry peers, Punjab National Bank (PNB) on Wednesday announced to lower interest rate on savings account deposits by 0.50 percentage point, effective July 1. For deposits up to Rs 50 lakh, the new interest…
Helping China cut carbon emissions isn’t a financial…
A worker examines a sewage recycling pool in the coal liquefaction factory of CHN Energy in Ordos, north China's Inner Mongolia Autonomous Region, April 11, 2019.Xinhua | via Getty ImagesBEIJING — China has a lot more…
ICICI Bank cuts interest rate on saving deposits…
NEW DELHI: ICICI Bank on Tuesday said it has cut interest rate on saving deposits by 25 basis points (bps). The new rates will come into effect from Thursday, it said in a regulatory filing.…