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…

The Ashes: Jos Buttler not concerned with disruption in England’s preparations, distractions before series

England’s preparations for the Ashes may have been disrupted by the inclement weather in Brisbane but wicketkeeper-batsman Jos Buttler said that the team won’t be using that as an excuse if they perform poorly in the first Test. Buttler and his team mates from England’s T20 World Cup campaign finally…

Cryptocurrency prices today: Bitcoin, other altcoins likely to lose momentum after stellar rally

Cryptocurrency prices have been rising sharply for the past few sessions with top virtual coins inching closer towards new highs. The momentum could face disruption over the next 24 hours as investors may look to gain from the sharp rally in the cryptocurrency market. Bitcoin, the world’s largest cryptocurrency, was…