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FEDERAL LOAN GUARANTEES
US officials eye government stakes in AI companies, NOTUS reportsWhile the planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the go...- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analystsIt is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is a meaningless question. Both priva...
- Hundreds of residents are getting surprise $500 deposits — here's how the program worksEvanston, Illinois has approved a new guaranteed income expansion program delivering automatic $500 monthly payments to 102 low income hous...
- India orders antitrust probe into liquor giant Pernod's dealing with retailersIndia's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailer...
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- What’s happening with mortgage rate right now— should you lock before the April Fed meeting or wait for lower home loan rates?Mortgage rates today are hovering near 6.3%. That is a sharp jump from around 5.7% just weeks ago. The market is moving fast. Buyers are fe...
- India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources sayIndia is maintaining its focus on crucial infrastructure projects like roads and railways. Despite global oil price surges due to the Middl...
- OpenAI's Altman urges US to expand Chips Act tax credit for AI growthOpenAI CEO Sam Altman on Friday doubled down on the company's ask for the US to expand eligibility for a Chips Act tax credit, as the count...
- OpenAI seeks government backing to boost AI investmentsChatGPT creator OpenAI, the world's largest private company, is asking the US government to provide loan guarantees for its massive infrast...
- India said to be planning credit guarantees for small firms, exporters hit by US tariffsThe govt is planning to provide credit support to shield small businesses with loans overdue up to 90 days, and is working on a credit guar...
- Indian-American pleads guilty to committing almost $20 million in fraud in USNikesh Ajay Patel of Florida was charged with 13 counts, including one count of conspiracy to commit wire fraud, three counts of wire fraud...
- FHRAI says Rs 60,000 crore loan guarantee scheme for Covid affected sectors not notified in over a month, asks FM to take cognizanceThe association stated that neither the operational guidelines nor any other details of the scheme have been announced by the ministry so f...
- Economists doubt India's new loan guarantees will boost growthIndustry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be ...
- Banks, NBFCs with MSME play may attract investorsThe standout measure was to provide 100% credit guarantee for loans given to MSMEs.
- Indian-American CEO Nikesh Patel arraigned on fraud charges in USThe indictment charges Florida-resident Patel with five counts of wire fraud, with each count carrying a 20 year prison term and fine of US...
- US auto suppliers seeking federal aidAuto suppliers have asked the Obama administration for up to $25.5 billion in loans and government guarantees to stabilize the battered US ...
- Citigroup bailout may help some homeownersUS govt's multibillion-dollar bailout of Citigroup Inc requires the giant financial services company to lower loan rates for struggling hom...
- FDIC OKs backing for bank debt, depositsThe FDIC will guarantee up to $1.4 trillion in US banks' debt for more than three years as part of the government's financial rescue plan.
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