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'Struggled in India, now own villas': Indian man's comparison of life abroad and homeownership sparks debateAn social media post comparing middle-class life in India with homeownership in the US and Canada has sparked debate. He questioned why som...
Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
China stocks edge higher as reports of market support lift sentimentChina’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over s...
ED opens money laundering probe against Subhash Chandra in Rs 1,322 crore loan caseThe Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra in an alleged Rs 1,322 crore loan fraud inv...
Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
In 2007, Range Fuels broke ground on a Georgia plant designed to produce 100 million gallons of ethanol a year from wood waste; by 2011, it had closed without selling anyIn Soperton, Georgia, a factory built to produce biofuels closed in 2011 without selling any product. Range Fuels was supported by $156 mil...
FCNR bounty in Q2 masks bank issues in growing depositsAn analysis of 10 banks shows that reported deposit growth averaged 21.1% year-on-year during July-September. However, excluding the specia...
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash wentA company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is le...
'Height of insanity:' Trump ends VA mortgage rescue program; 15,000 veterans face higher payments, 700 see $1,000 hikeAfter the discontinuation of the Veterans Affairs Servicing Purchase program, many veterans are encountering significantly higher mortgage ...
Will VA foreclosures rise further? Veterans with modified loans face higher monthly payments after VASP ended, and the new partial claim program does not help themMore than 15,000 US veterans have seen their monthly mortgage payments rise by at least $150 after the Trump administration ended a key VA ...
SoftBank-backed OPay raises $304 million in US IPOThe Nigeria-focused firm sold 16 million American depositary shares at $19 apiece in the IPO, compared with its targeted range of $19 to $2...
Biggest threat to middle-class is not layoffs, market crash or inflation: Gujarat CA reveals one thing quietly making all three worseA chartered accountant has warned that biggets threat to middle class in the next few year is not layoffs, market crash or inflation. He ha...
Companies with high credit ratings shifting to bond market as bank loans become dearerIn the current economic climate, AAA-rated corporations are opting to secure financing via the bond market, finding it more cost-effective ...
Kissht parent Q2 net profit doubles to Rs 125 croreSeparately, OnEMI's board on Wednesday approved a Rs 624.1-crore capital infusion into its wholly owned lending subsidiary, Si Creva Capita...
UK Budget: What is the ‘Your First Home’ scheme announced by Chancellor John Healey? Check eligibility, property price limits, and other detailsUK Chancellor John Healey announced a new scheme named Your First Home to support first-time homebuyers. This initiative allows eligible bu...
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
Homebuyer stops paying EMIs on Rs 39.92 lakh home loan after builder sells his flat to another buyer; Karnataka HC quashes bank’s criminal caseThe Karnataka High Court has dismissed the criminal charges against homebuyer Mr. Bari, who stopped repaying his loan EMIs after learning t...
US official warns EU Airbus loan puts trade deal at riskA US-EU tariff truce could be at risk after the European Investment Bank approved 3 billion euros ($3.4 billion) in financing for Airbus to...
CBI books IL&FS Energy, executives in alleged Rs 212 crore Canara Bank loan fraud caseThe Central Bureau of Investigation has registered a case against IL&FS Energy Development Company and its executives over loan fraud. This...
IDFC First Bank Q2 profit nearly triples to Rs 1,045 croreIDFC First Bank’s Q2 net profit tripled to Rs 1,045 crore, supported by strong loan and fee growth. Net interest income rose 21%, while net...