Latest News, Updates & Breaking Headlines
Representative image (AI) The economy of Pakistan is in a risky state due to its over-reliance on short-term foreign loans, according to business leaders and economists. Key figures are calling for urgent negotiations with friendly nations to extend loan repayment periods and implement structural reforms, as reported by Express Tribune.Vice chairman of the Pakistan industrial…
Rajpal Yadav denied reports of taking a loan, clarifying that the money was an investment to launch a businessman’s grandson as an actor. Sent to Tihar Jail after failing to repay dues of around Rs 9 crore, Yadav received industry support as the Delhi High Court ordered further payments in pending cases. Rajpal Yadav has…
J&K CM Omar Abdullah (PTI photo) JAMMU: PDP slammed J&K’s Omar Abdullah-led National Conference (NC) govt on Monday for tapping the Centre’s Special Assistance to States for Capital Investment (SASCI), calling it the “most dangerous scheme” after the abrogation of Article 370.The scheme provides 50-year interest-free loans for capital investments and infrastructure, besides offering financial…
State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter,…
New Delhi: A quarrel over payment of instalments on a house in Dwarka may have been behind the brutal killing of 24-year-old SWAT commando Kajal Chaudhary.Kajal, who was four months pregnant, was assaulted allegedly by her husband Ankur, a clerk with the ministry of defence, at their home in southwest Delhi’s Mohan Garden on Jan…
MUMBAI: Axis Bank reported a steady operating performance in Dec quarter, with net profit rising 3% year-on-year to Rs 6,490 crore, supported by strong loan growth and higher fee income, even as margins moderated. The bank’s net interest income increased 5% from a year earlier to Rs 14,287 crore, on the back of 14% growth…
The Trump administration has quietly expanded the scope for government-backed mortgage giants Fannie Mae and Freddie Mac to buy far more mortgage bonds than previously allowed, a move aimed at lowering home loan rates but one that has revived concerns about financial risk and policy overreach.According to an internal email obtained by the Associated Press,…
Realtors’ apex body CREDAI has urged the government to launch a National Rental Housing Mission in the upcoming Union Budget, proposing fiscal incentives for developers and tax relief for tenants to boost the underdeveloped organised rental housing market.In its Budget wishlist, CREDAI said rapid urbanisation and rising migrant inflows have sharply increased demand for rental…
Healthcare emergencies have emerged as one of the leading reasons for personal loan borrowing in urban India, highlighting gaps in health insurance coverage and rising medical costs, according to a new consumer research report released by Paisabazaar.The study, titled The Personal Loan Story, found that 11% of personal loan borrowers nationwide took credit to meet…
MUMBAI: Yes Bank on Saturday reported a net profit of Rs 952 crore for the third quarter ended Dec 31, 2025, marking a sharp improvement in earnings as gains from recovery of bad loans and higher core income.Yes Bank said profit rose 55.4% from Rs 612 crore a year earlier and was up 45.4% sequentially…
