ICICI Bank

Crippled by bad loans, ICICI posts first ever loss in 16 years

Hurt by higher provisions for bad loans and bond losses, as well as the ongoing investigation into former Chief Executive Chanda Kochhar, ICICI Bank posted its first loss in 16 years, reporting Rs 1.2 billion in losses for the first fiscal quarter. Jul 28, 2018
bitcoin

Bitcoin rises from two-month low to cross $8,000

Since collapsing in December 2017, the value of Bitcoin has slowly been on the rise, touching $8,000 for the first time this year. Analysts are bullish about its long-term prospects. Jul 25, 2018