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DISASTER RELIEF FOR BORROWERS
America's subpar diplomats aren't the world's only choiceThe United Nations, once a global peace beacon, now struggles for relevance. Superpower politics and a decline in multilateralism have dimi...- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- Quote of the day by Christopher Paolini: 'The trick is to find happiness in the brief gaps between...' Life lessons on joy, human nature and hardships by American writerQuote of the day by Christopher Paolini highlights a message about finding happiness during short calm moments between life’s challenges. T...
- First-time borrowers climb to 4.4 crore despite tighter lending norms: ReportIndia's new borrowers have reached 4.4 crore, boosting credit growth and financial inclusion. Lenders are more selective, yet this segment ...
- Banks allowed to offer natural calamity relief suo motu from July 1The Reserve Bank of India is enabling banks to provide immediate relief to borrowers impacted by natural disasters. Banks can now offer res...
- RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areasNew Reserve Bank of India guidelines empower banks to offer relief to all borrowers in calamity-hit regions. These measures, effective July...
- Climate crisis is a gender issue, women face higher risks, less representationClimate change disproportionately impacts women, who are often excluded from decision-making despite their crucial roles in crisis response...
- Don’t file blind: Key documents you need for successful IRS tax reliefIRS tax relief needs proper documents to show your money situation clearly. You must share income, expenses, assets, and tax records to app...
- Don’t get caught out: Key documents you need for IRS Tax relief claimsIRS tax relief needs proper documents like income proof, expenses, bank details and tax returns. These papers help the Internal Revenue Ser...
- RBI’s big push on disaster relief: New rules to help borrowers as banks asked to implement measures during floods, landslides and moreThe Reserve Bank of India is introducing new rules to help banks manage loans affected by natural disasters. These guidelines will allow ba...
- Kerala Bank writes off loans of landslide-hit persons in WayanadThe Kerala Bank, a consolidation of district cooperative banks, announced loan waivers for those affected by the Wayanad landslides, includ...
- Supreme Court cautions against Centre-State governments' disputesSC directed Centre to respond to Karnataka's plea for drought relief funds, amidst allegations of lack of assistance and arbitrary actions....
- G20 Sherpa Meet: Call for new green transition fund, emission taxAvinash Persaud, special envoy on climate finance to Prime Minister Mia Mottley of Barbados, made a detailed presentation to G20 sherpas on...
- Blanket interest waiver on all loans to be Rs 6 lakh crore: Centre to SCIf the banks were to bear this burden, then it would necessarily wipe out a substantial and a major part of their net worth, rendering most...
- View: Has the Modi government given up on relief for the Covid-hit economy?Instead, it has played it safe by accepting RBI’s decisions to address the stress caused by the pandemic, in the hope that it will find fav...
- SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interestSenior lawyer Ranjit Kumar, appearing for Shopping Centres Association of India, told the bench that what they are facing today could be an...
- Centre raises borrowing limit of states from 3 pc of GSDP to 5 pc in FY21Revenue deficit grants of Rs 12,390 crore were given to states on time in April and May despite the Centre's stressed resources. Also, adva...
- No plans to waive farm loans: GovernmentThe government has no plans to waive farm loans but there are schemes to reduce costs by timely repayment of the amount borrowed, the gover...
- Follow relief norms during natural calamities: RBI to banksThe banks' contribution in providing relief to rescheduling of existing loans and sanctioning of fresh loans as per the emerging requiremen...
- China bank regulator writes off bad loans after quakeMillions of dollars in bad loans caused by China's massive earthquake will be written off in an effort to help disaster victims, the nation...
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