Banks can’t sell back seized assets to defaulters: RBI

Representative image (File photo) MUMBAI: RBI has barred defaulting borrowers from buying back properties acquired by lenders to satisfy a defaulter’s debt, tightening norms for resolution of stressed accounts under its new directions effective Oct 1, 2026.Defaulters and their related parties, as defined under the Insolvency and Bankruptcy Code, 2016, cannot repurchase such assets from…

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‘Hard to recover from trauma’: TV antiques expert decides to close jewellery shop, leave London after hammer attack

TV antiques expert Ian Towning​ Celebrity antiques dealer Ian Towning has shut down his iconic Chelsea jewellery emporium and decided to leave London after a violent armed robbery left him traumatised.Towning, 78, known for his appearances on TV shows including Dickinson’s Real Deal and Posh Pawn, said he never fully recovered from a brutal raid…

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Yamini Rangan: From working in a restaurant to leading HubSpot: Yamini Rangan’s journey to the top

Yamini Rangan, an Indian-origin technology executive who serves as the Chief Executive Officer of HubSpot, a software company that provides marketing, sales and customer relationship management tools to businesses worldwide.Her rise to the top of the technology industry did not happen overnight. Over more than two decades, she worked across engineering, strategy, operations and customer-focused…

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Quote of the day for kids by Morgan Freeman: “If you live a life of make-believe, your life isn’t worth anything until you do something that…”

Morgan Freeman is one of the most respected actors worldwide. With his unique voice, amazing screen presence and captivating acting skills, Freeman has influenced the masses for decades by means of his performances and profound philosophy of life. Born on June 1, 1937, in Memphis, Tennessee, Morgan Freeman worked his way up through theatre, television,…

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‘People said cricket had no scope’: Manav Suthar’s emotional reaction after India debut | Cricket News

India’s Manav Suthar (AP Photo) For Manav Suthar, the moment he learned about his maiden India call-up was one he will cherish forever. The young left-arm spin-bowling all-rounder revealed that it was his sister who first broke the life-changing news to him when his name appeared in India’s squad for the one-off Test against Afghanistan.Suthar…

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Stock Market Live Updates Today: BSE Sensex rises over 800 points, crosses 76,200; Nifty50 near 24,000 mark; oil prices plunge 5% to two-week lows

“Positive global market sentiment, strength across major Asian markets, and easing concerns around global geopolitical tensions have improved overall risk appetite among investors, which may continue to support bullish momentum in the near term. Nifty ended on a mildly positive note on 22nd May 2026, closing at 23,719.30, up 64.60 points or 0.27%. The index…

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US stock market today: Wall Street, oil prices steady after sharp swings yesterday

Investors assessed the latest developments following President Donald Trump’s remarks casting doubt on the temporary truce in the conflict with Iran. (AI image) Wall Street traded with little direction on Thursday, while oil prices remained relatively stable after the sharp volatility seen a day earlier, as investors assessed the latest developments following President Donald Trump’s…

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