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7 mins read

FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association

A statement by the Indian Banks Association, answers all the frequently asked questions that yo…

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2 mins read

SBI statement on proposed Yes Bank bailout is far from reassuring

Before the Reserve Bank of India put in a limit of ₹50,o00 on withdrawals by depositors in Yes Ban…

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2 mins read

In the Yes Bank crisis, one chart shows how rumours were used to trap small investors

Now, the shares of Yes Bank, which are trading about ₹37 a piece, may be worth ₹1 soon, accord…

Jason Lalljee   


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3 mins read

Supreme Court reserves verdict on extension of loan moratorium period

The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…

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3 mins read

Vodafone Idea and Airtel need tariff hikes, AGR moratorium might not be enough, say analysts

At the outset, the package benefits Airtel and Vodafone Idea the most. It’s especially critica…

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2 mins read

A Trump economic official said that 'the best way to make people homeless is to make housing free'

Casey Mulligan, an economic official in the Trump administration, told the Washington Post that the…

Juliana Kaplan   


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2 mins read

Biden's new partial eviction ban won't shield renters once COVID-19 infections drop to normal levels

Following pressure from Rep. Cori Bush, as well as Rep. Alexandria Ocasio-Cortez, the Biden adminis…

Azmi Haroun,Joseph Zeballos-R…   


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2 mins read

AOC blames 'conservative Democrats' and Biden administration inaction on failure to extend eviction moratorium

"We cannot in good faith blame the Republican Party when House Democrats have the majority," said O…

Connor Perrett   


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3 mins read

Loan repayments will become due starting today — here are the options that borrowers have

The Reserve Bank of India’s (RBI) six-month moratorium came to an end on August 31, and payments ar…

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2 mins read

A federal judge scrapped a nationwide moratorium on evictions, saying the CDC went beyond its authority

The judge said the CDC overstepped its authority because the eviction moratorium was too broad. The…

Connor Perrett   


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3 mins read

Leaders like Elon Musk want to pause AI development, but the power of the free market means it's impossible to stop

Even though Elon Musk and a thousand other leaders expressed support for pausing AI development, it…

Emilia David   


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3 mins read

Illegal lease terms have grown for decades, study of Philadelphia landlords finds

The number of "bad" terms in leases has been growing for 20 years, and landlords may act on them as…

Juliana Kaplan   


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2 mins read

2 Biden court losses just over a month into his presidency show Trump's lasting power on the judiciary

Key campaign promises are being contested in part because of Trump's stacked legal bench, with bold…

Azmi Haroun   


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2 mins read

NYC still has the most homeowners worth over $30 million in the world, study says

NYC, Los Angeles, and London still had the most ultrawealthy homeowners as of December. The pandemi…

Ayelet Sheffey   


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2 mins read

RBI may extend moratorium on repayment of loans for three more months: Report

With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI)…

PTI   


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3 mins read

Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000

The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…

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3 mins read

The Trump administration is moving to implement a 4-month eviction moratorium for tenants earning under $99,000 a year

The order may trigger legal challenges given its broad use of executive authority. Democrats may cr…

Joseph Zeballos-Roig   


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2 mins read

Loan moratorium still ends on Aug 31 while Supreme Court gives the government another week to clarify if accrued interest should be waived

The government has another week to decide whether interest that loans built up during the last six …

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2 mins read

If you have a bank loan that you are unable to pay, restructuring is on its way

This means that you’re struggling to pay off your personal loans, you can ask the bank to modify…