Global Market: Chinese property stocks slide as new rules raise consolidation fearsChinese property stocks came under pressure after Beijing introduced new rules aimed at reducing developers’ reliance on homebuyer funds an...
HDFC Bank CEO search tests governance & investor confidenceHDFC Bank's chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny...
SBI, SBI Capital Markets plan 1% NSE stake sale via IPO: Bank Chairman C S SettyState Bank of India plans to divest nearly one percent of its National Stock Exchange stake. This divestment will occur as part of the exch...
America In Focus: Key inflation gauge remains high; Fed's Warsh signals rate hikes may be neededKey inflation gauges remained elevated last month, showing persistent cost pressures for Americans. Federal Reserve Chair Kevin Warsh signa...
DHFL case: ED freezes bank deposits worth Rs 51.75 croreThe Enforcement Directorate froze bank deposits worth over fifty-one crore rupees. This action is part of a fresh probe into a massive bank...
Mortgage rates today: 30-year fixed rate hits a three-week high as homebuyer demand weakensMortgage rates have edged higher, reaching their highest point in three weeks. This increase is adding pressure to the already sluggish U.S...
Donald Trump eyes four more chances to reshape Fed; seeks Cook’s removal over mortgage documentPresident Trump seeks to increase his influence over the Federal Reserve. Court challenges and Senate resistance have met his efforts so fa...
‘Rs 1 crore in US is like Rs 25 lakh in India’: Techie, who spent 15 years in America, says he saved more with one-fourth salary at home: Here’s whyAn Indian professional living in the US says he was able to save more on a Rs 25 lakh annual salary in India than on his current US income ...
Home loan portfolio set to cross Rs 10 lakh cr milestone this quarter: SBI ChairmanThe mortgage portfolio of State Bank of India is set to hit a monumental Rs 10 lakh crore this quarter, highlighting its robust role in the...
Shobha Karandlaje urges Governor to block Karnataka Parks Bill over 5% land-use provisionKarandlaje objected particularly to a provision allowing the state government, on the recommendation of a high-level committee, to alienate...
DMK, allies walk out of TN Assembly over Parandur airport project scrappingThe Tamil Nadu government has decided to scrap the proposed Parandur greenfield airport project. Opposition parties staged a walkout in the...
India’s new capex cycle is being driven by cash-rich giants, HSBC India CEO Hitendra Dave saysIndia's corporate investment cycle now features financially stronger companies expanding capacity. These well-capitalized groups are using ...
Reverse mortgage: Your house could pay you back but there's a catch
America in focus: Fed officials eye higher rates; unemployment claims fallFederal Reserve officials consider higher interest rates if inflation persists. Mortgage rates have eased slightly but remain higher than l...
Why rising Treasury yields are becoming a growing risk for the US economyA sell-off in U.S. Treasuries has pushed yields higher, raising borrowing costs for households, companies and the federal government. Highe...
US housing market weakens as AI boom drives factory outputUS housing activity weakened sharply in July, with single-family homebuilding hitting a more than three-and-a-half-year low as high mortgag...
US single-family housing starts slide in JulyThe U.S. witnessed a notable decline in single-family homebuilding last month, primarily due to elevated mortgage rates. An increase in uns...