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NEW DELHI: Exporters on Monday sought a moratorium on loan repayment for six months, along with higher credit limits and longer tenure, amid indications that govt and RBI are working on a package to help offset the impact of the West Asia conflict, which may take a toll on exports during March.During a meeting with…
As the Middle East war continues to escalate, tensions are mounting for the South Asian nation of Pakistan. The country is facing an economic crisis as Iran has disrupted fuel shipments through the Strait of Hormuz, its main oil supply route. Pakistan relies on Saudi Arabia and the United Arab Emirates for over 85% of…
T’PURAM: A 21-year-old man from Kerala‘s Aryanad, who had consumed acid last week, died Monday. Police suspected harassment by representatives of online loan apps as the reason behind the drastic step.The deceased was identified as Anand. On the afternoon of March 4, he was found unconscious at a tyre workshop in Tulimoodu, where he was…
The State Bank of India (SBI) on Saturday announced the launch of a $500 million syndicated social term loan facility focused exclusively on women’s economic empowerment, with a greenshoe option, ahead of International Women’s Day.In a statement, the country’s largest lender said the transaction marks a milestone for both SBI and the global ESG financing…
NEW DELHI: The railways is looking at bearing the nearly Rs 90,000 crore additional (83% escalation) cost for the Ahmedabad-Mumbai Bullet train project and won’t seek further loan from Japan International Cooperation Agency (JICA). The project cost has increased from Rs 1.1 lakh crore to Rs 1.98 lakh crore because of delays and other reasons.The…
NEW DELHI: Delhi Police has arrested a man accused of murdering his wife and three children in Samaypur Badli late Tuesday night. The accused, Munchun Kewat, is a vegetable vendor who lived with his wife, Anita, and their three children in the Chandan Park area. Police said that during initial questioning after his arrest in…
Actor Rajpal Yadav, recently out on bail in a Rs 9 crore cheque bounce case, has returned to work. He was spotted on the sets of Akshay Kumar’s ‘Wheel of Fortune’ show, promoting their upcoming film ‘Bhooth Bangla’. Yadav interacted warmly with the paparazzi, even referencing his iconic ‘Bhool Bhulaiyaa’ character, much to everyone’s amusement….
Before approving a home loan, banks and other financial institutions conduct a property valuation and ensure that the property title is clear. They check if the property has all the necessary clearances. If a property has any legal issues, they do not approve the loan. Home loans are a significant financial alternative, which has helped…
The air ambulance crash in the Karmatand forest, under the jurisdiction of Simaria police station in Chatra district, has wiped out an entire family’s hope for survival. CHATRA: The air ambulance crash in the Karmatand forest, under the jurisdiction of Simaria police station in Chatra district, has wiped out an entire family’s hope for survival….
Actor Vishal’s plea for a six-week extension to deposit Rs 10 crore in the Lyca Productions loan case has been rejected by the Madras High Court. Judges stated ample time was already provided, dismissing the actor’s claims of frozen bank accounts. This ruling intensifies pressure on Vishal to comply with the court’s earlier order. The…
