RBI warns of bad loan spike if Omicron triggers economic disruption

Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the Omicron variant strikes the economy hard, as per the financial stability report of the Reserve Bank released on Wednesday. The report also said that the rising stress level in the retail loan portfolio of…

Drop home facility for boozers in Assam’s Biswanath district on New Year

The Biswanath district administration of Assam has come up with two helpline numbers to deal with the problem of drink-and-drive on New Year. The district police said the objective was to prevent accidents caused by drunken boozers. The helpline will assist in dropping drunk individuals from a New Year event to their…

IRCTC to start ‘Jannat-e-Kashmir’ trip from Patna to Srinagar via air in March

For the first time ever, the Indian Railway Catering and Tourism Corporation (IRCTC) will start a Jannat-e-Kashmir ride from Patna to Srinagar to promote tourism via air. The journey would begin on March 12 and end in Patna on March 17. The IRCTC can carry up to 16 tourists from Patna on the Jannat-e-Kashmir trip this…

“The meaning of any experience in life depends upon the FRAME we put around it.

One of the most effective tools for personal growth is learning how to put the best frames on ANY experience. There are ways to see our biggest problems as our greatest opportunities — if only we can step out of our trained patterns of perception. Nothing in the world has any inherent meaning. We say this happened,…