Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
Sean Diddy Combs sold his $55 million mansion this year. It has 10 bedrooms, pool, private dock, spa and basketball court and views of the Miami skylineSean Diddy Combs’ reported prison altercation has brought renewed attention to his $55 million Miami mansion, which features 10 bedrooms, 1...
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
Mizoram seeks to boost tourism by relaxing Protected Area Permit during winter and Christmas festivalsMizoram is seeking to promote tourism by easing regulations during upcoming winter and Christmas festivals. The state reported significant ...
From credit access to capital intelligence: The next evolution of MSME financeThe task ahead for lenders, fintechs, and financial institutions serving this segment is not simply to close the credit gap; it is to close...
Surging bond yields wreak havoc on Dalal Street, but IMF sees more pain ahead. Why AI is one of the culpritsThe IMF has flagged three risks to global financial stability: an AI-driven market correction, rising sovereign bond yields and cyberattack...
Borrower took a loan using 103 grams of gold jewels, bank found jewellery fake during a surprise check conducted without his consent, lender ordered to pay gold’s value plus Rs 50,000A Shimla consumer commission has ordered a lender to pay a borrower the market value of around 103 grams of pledged 22 carat gold, plus Rs ...
Imran Khan's party's provincial government suspended by Pakistan presidentPakistan's president suspended the provincial government of Khyber Pakhtunkhwa after declaring a state of emergency. This decision was made...
Everyone looks at 2-wheelers and FMCG. Another set that feels the monsoon’s test: 6 stocks with upside potential of up to 33%The monsoon is one influence on rural financial health. It is not a complete predictor of what a lender will earn. Whether good rain become...
Newsom vs Trump: California governor demands 25th Amendment after controversial LA, San Diego remarks. Here's what the US President saidCalifornia Governor Gavin Newsom has called for the invocation of the 25th Amendment against President Donald Trump. Newsom labeled Trump a...
New RBI data reveals a recast of India's overnight money market numbersDuring the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public...
'Never a small price to pay': Can Iran attack Los Angeles or San Diego as Trump says?In a series of contentious statements, Donald Trump hinted at the possibility of Iran targeting American cities, specifically mentioning Lo...
Bandhs, blockades cost Manipur Rs 25-30 crore in tax revenue daily: CMManipur Chief Minister Yumnam Khemchand Singh highlighted the significant daily tax revenue loss caused by bandhs and blockades. He urged t...
White House aide: Trump did not call for attacks on US cities but explained how he's preventing themDonald Trump's recent comments at a Nebraska rally have sparked misunderstandings about his intentions regarding Iran. The White House stat...
5 million American lives at risk? President Trump says Iran could 'take out' Los Angeles and San DiegoDuring a campaign rally in Nebraska, Trump appeared to suggest that Iran target Los Angeles and San Diego. His comments were met with cheer...
Finmin to meet heads of banks on Tuesday to review progress of financial inclusion schemeA meeting involving bank heads is scheduled for Tuesday to assess the progress of financial inclusion schemes. Key initiatives include Prad...
AI compute financing needs bankable contracts, lender exit rules: industryThey highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaA...