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Union Budget 2025: Experts Hope Government Will Simplify Process Of Claiming Tax Benefits For Education Loans
Section 80E allows individuals to claim deductions on interest paid for loans taken for higher education, including studies abroad.
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G7 Leaders Agrees On Loan Deal To Support Ukraine With Russian Assets
Leaders of the Group of Seven major democracies agreed on an outline deal on Thursday to provide $50 billion of loans for Ukraine using interest from Russian sovereign assets frozen after Moscow invaded its neighbour in 2022.
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SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
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Google for India 2023: AI-Powered Search Becomes More Visual and Local, New Services on Google Pay
Google is rolling out improvements to its AI search tool in India. Google is making search generative experience in India more visual and localised for better results. The company announced the updates coming to its AI search in the country at its Google for India 2023 event held Thursday.
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Dalit Woman Stripped Naked, Urinated Upon Over Rs 1,500 Loan In Bihar
A Dalit woman in Bihar was brutally assaulted and stripped naked for refusing to pay an additional interest on a loan she had taken from a village strongman.
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PM Launches Rs 13,000 Crore Vishwakarma Scheme For Traditional Craftsmen
Prime Minister Narendra Modi on Sunday launched the 'PM Vishwakarma' scheme on the occasion of 'Vishwakarma Jayanti', under which traditional craftsmen and artisans will be provided loan assistance at a minimal interest rate
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RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates
The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers an option of switching over to a fixed rate at the time of reset of interest rates.
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"Rs 1 Lakh Loan With Maximum 5% Interest Under Vishwakarma Scheme": Centre
A "PM Vishwakarma" scheme for artisans and craftsmen was approved by the government today, a day after Prime Minister Narendra Modi announced it in his Independence Day speech, his last before next year's national election.
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RBI To Reset Floating Rate Loans: How It Impacts Home Loan Borrowers
Reserve Bank of India (RBI) has announced a transparent framework will be introduced to reset interest rates on floating-interest loans such as home loans.
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Byju's in Talks With Potential New Backers to Raise $1 Billion in Funding Amid Shareholder Revolt
Byju’s is in advanced talks with prospective new shareholders for a $1 billion (roughly Rs. 8,200 crore) fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran’s control over the beleaguered tech startup.
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Byju's Lenders Huddle With Advisers After Missed Loan Interest
Holders of Byju's $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt.
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Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
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Twitter Makes First Interest Payment to Banks on Elon Musk’s $13 Billion Buyout Loan
Twitter has begun interest payments on the bank loan that helped finance Elon Musk’s $44 billion takeover of the social media platform last year. According to people familiar with the matter, Twitter has made its first interest payment to banks, paying about $300 million last week.
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Jaypee Group's Flagship Firm Defaults On Rs 4,059 Crore Loans: Report
Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported.
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RBI's Repo Rate Hike Likely To Have Nominal Impact On Car Loans And Sales
The sudden revision has raised concerns among the car buyers and automakers, while according to the experts, it is likely to have minimal impact on interest rates.
-
Union Budget 2025: Experts Hope Government Will Simplify Process Of Claiming Tax Benefits For Education Loans
Section 80E allows individuals to claim deductions on interest paid for loans taken for higher education, including studies abroad.
-
G7 Leaders Agrees On Loan Deal To Support Ukraine With Russian Assets
Leaders of the Group of Seven major democracies agreed on an outline deal on Thursday to provide $50 billion of loans for Ukraine using interest from Russian sovereign assets frozen after Moscow invaded its neighbour in 2022.
-
SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
-
Google for India 2023: AI-Powered Search Becomes More Visual and Local, New Services on Google Pay
Google is rolling out improvements to its AI search tool in India. Google is making search generative experience in India more visual and localised for better results. The company announced the updates coming to its AI search in the country at its Google for India 2023 event held Thursday.
-
Dalit Woman Stripped Naked, Urinated Upon Over Rs 1,500 Loan In Bihar
A Dalit woman in Bihar was brutally assaulted and stripped naked for refusing to pay an additional interest on a loan she had taken from a village strongman.
-
PM Launches Rs 13,000 Crore Vishwakarma Scheme For Traditional Craftsmen
Prime Minister Narendra Modi on Sunday launched the 'PM Vishwakarma' scheme on the occasion of 'Vishwakarma Jayanti', under which traditional craftsmen and artisans will be provided loan assistance at a minimal interest rate
-
RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates
The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers an option of switching over to a fixed rate at the time of reset of interest rates.
-
"Rs 1 Lakh Loan With Maximum 5% Interest Under Vishwakarma Scheme": Centre
A "PM Vishwakarma" scheme for artisans and craftsmen was approved by the government today, a day after Prime Minister Narendra Modi announced it in his Independence Day speech, his last before next year's national election.
-
RBI To Reset Floating Rate Loans: How It Impacts Home Loan Borrowers
Reserve Bank of India (RBI) has announced a transparent framework will be introduced to reset interest rates on floating-interest loans such as home loans.
-
Byju's in Talks With Potential New Backers to Raise $1 Billion in Funding Amid Shareholder Revolt
Byju’s is in advanced talks with prospective new shareholders for a $1 billion (roughly Rs. 8,200 crore) fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran’s control over the beleaguered tech startup.
-
Byju's Lenders Huddle With Advisers After Missed Loan Interest
Holders of Byju's $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt.
-
Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
-
Twitter Makes First Interest Payment to Banks on Elon Musk’s $13 Billion Buyout Loan
Twitter has begun interest payments on the bank loan that helped finance Elon Musk’s $44 billion takeover of the social media platform last year. According to people familiar with the matter, Twitter has made its first interest payment to banks, paying about $300 million last week.
-
Jaypee Group's Flagship Firm Defaults On Rs 4,059 Crore Loans: Report
Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported.
-
RBI's Repo Rate Hike Likely To Have Nominal Impact On Car Loans And Sales
The sudden revision has raised concerns among the car buyers and automakers, while according to the experts, it is likely to have minimal impact on interest rates.
