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UAE ASKS PAKISTAN TO REPAY LOANS
Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
Pakistan's Gen Z taking to investing in stocks in big way, claim stock managersPakistan's Gen Z is driving new accounts on the stock exchange, making up 41% of openings in FY25-26. Despite this surge, overall investmen...
Psychology explains why lending money to friends can damage a friendship; even when it's returnedLending money to friends can unexpectedly strain relationships, a 2024 study reveals. Lenders often feel a sense of ownership and develop e...
Ex-Kerala CM's daughter appears before ED in PMLA case for second timeVeena T, daughter of former Kerala CM Pinarayi Vijayan, faced a second round of questioning by the Enforcement Directorate (ED) in Kochi re...
BHIM eyeing govt schemes, products to boost business growthLalitha Nataraj, chief executive officer of NPCI BHIM Services Ltd (NBSL), said the company is targeting largely untapped user segments and...
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...
India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing dragsShapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons sta...
Rubio says US will not accept Iranian tolls on HormuzUS Secretary of State Marco Rubio firmly stated that Washington will not permit any tolls on the Strait of Hormuz, an international waterwa...
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
Brahmos gets another customer: One of Middle East's biggest arms importers and top US weapons buyer eyes Indian weaponsIndia and the UAE are in early-stage discussions for the potential sale of Indian defence platforms, including the supersonic BrahMos missi...
NSA Ajit Doval meets senior Iranian security officialIn a significant diplomatic engagement, National Security Adviser Ajit Doval held discussions with Iran's Deputy Secretary for Defence Affa...
Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
India in talks to sell supersonic BrahMos missile to UAE: ReportIndia is in advanced talks with the UAE to export its advanced defence systems, including the supersonic BrahMos missile and Akashteer air ...
Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
NHB probing Aavas Financiers over loan classification lapsesThe sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...
Sena (UBT) crisis: Operation successful, says Fadnavis; I never leave operations incomplete, asserts ShindeMaharashtra Chief Minister Devendra Fadnavis declared "Operation Tiger" successful, indicating defections from the Shiv Sena (UBT) to the E...
ED summons former Kerala CM's daughter again in CMRL money laundering caseThe Enforcement Directorate has summoned Pinarayi Vijayan's daughter, Veena T, for a second round of questioning on June 29 regarding a mon...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
UAE Lottery winner (26-06-17): Check Pick 3 and Pick 4 winning numbers, prize details and how to claim winningsUAE Lottery June 17 winner:UAE Lottery results for June 17 are out. Players are checking tickets for Pick 3 and Pick 4 daily cash prizes. T...