Paying interest on a business line of credit, a mortgage on your factory or office building, or on business credit cards is a common expense for many businesses. Until now, interest charges have generally been fully deductible (with the exception of limits for companies with a high debt ratio). While the Tax Cuts and Jobs …

Anil Ambani tells the London court that his daily expenses are borne by his wife and family and that he has even taken out a loan from his son. IN LONDON Anil Ambani told a London court that he had to sell all of his jewelry to pay for his legal fees and that his …

through: Char’Nèse turner, Nexstar Media Wire Posted: February 18, 2021 / 7:33 AM CST / Update: February 18, 2021 / 7:33 AM CST This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. WASHINGTON (NewsNation Now) …

Source: Shutterstock. Default rates on auto loans declined in the first quarter of 2020, according to Experian’s State of the Auto Finance Market report released this week. Melinda Zabritski, senior director of automotive financial solutions at Experian, called the rates a “positive sign for the industry,” but warned other factors may have influenced the downtrend. …

The national average auto loan interest rate in the United States is 5.27% on 60-month loans. For individual consumers, however, the rates vary depending on the credit rating, the length of the loan, the age of the financed car, and other factors relevant to the risk of the lender offering a loan. Typically, the annual …

Student loans can be used to pay for off-campus living expenses like rent and food, but experts warn against relying too much on loans for those who live in an apartment near campus or those who do the homework. shuttle and live with their families. “Usually, the cost of attendance is higher when a student …

The Reserve Bank of India (RBI) could allow lenders to offer companies in struggling industries such as aviation, automotive and hospitality the option to withhold loan repayments even after the six-month moratorium ends on Aug. 31, said two people directly aware of the discussions. . The banking regulator has conducted an impact assessment on sectors …

“So if there is a deal, who am I to stop somebody from taking an item out of their house, taking it to a pawnshop, and trying to get some money from it?” might need to pay for food, gas, a car or a mortgage? ?” He asked. Blanc said she sees the problem from …

MK Council said it was working in partnership with the Illegal Money Lending Team (IMLT) and Thames Valley Police (TVP) to raise awareness of illegal loan sharks in the city. Council colleagues and partners discussed with the people of MK this week the dangers of getting involved with loan sharks. The campaign aims to encourage …

MUMBAI: Indian policymakers are hoping for an economic recovery, resting on the shoulders of credit and pushing banks to relax and take risks. Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday appealed again to banks to let go of their risk aversion because too much of it is doomed to fail. But a …

WASHINGTON, DC – US Senator Richard Blumenthal (D-Conn) pledged to carefully review the massive list of recipients for suspicious allocations this week after the Trump administration released long-awaited data regarding the Paycheck Protection Program ( PPP). “These data – long overdue – raise increasingly serious questions about a possible misallocation of PPP funds,” Blumenthal said …

AUSTIN, Texas – Texas has long been touted as the State for small businesses. As those businesses come to a halt due to social distancing measures, Gov. Greg Abbott announced at 11:30 a.m. on Monday a new small business lending program. $ 50 million in loans will be available for Texas small businesses Loans provided …

Tottenham are set to close a deal to sign Gareth Bale on loan from Real Madrid. Bale spent several hours Thursday at the Madrid training ground, where he was supposed to train in the gym, as he waits for the green light to fly to London to sign the contract which will see him return …

Manchester United have turned down an offer from Everton for a one-season loan to Chris Smalling. Ole Gunnar Solskjaer sees the England international as an integral part of his defense, alongside new signings Harry Maguire and Victor Lindelof. The 29-year-old center-back signed a new contract at Old Trafford in December, keeping him at United until …

Dover Athletic manager Andy Hessenthaler said he had received “quite a few” requests from clubs wishing to sign their players on loan. The Whites boss recently loaned two players Bilel Hinchiri and Roberto Ratti, the latter having since joined Tonbridge Angels. A “group” of players involved in yesterday’s Kent Senior Cup match at Faversham Town …

Ayr’s new boy, Scott Tiffoney, admits two of the club’s alumni helped him sell him on a move to Somerset. Former United captain Nicky Devlin and academy product Robbie Crawford are now key men at Livingston. And they urged his Lions teammate Tiffoney to jump at the chance on loan with the Honest Men. Tiff, …

A HK $ 40 billion restructuring plan for the city’s flagship carrier, with Hong Kong government contributing the lion’s share of the bailout Government financial support shows full support for the city’s status as a regional aviation hub Cathay pacific will undergo HK $ 40 billion (US $ 5.2 billion) capital restructuring exercise Hong Kong …

The Asian Development Bank (AfDB) has approved a $ 1 billion loan to support the construction of the Delhi-Meerut high-speed regional rapid transport system. Project funding will be implemented in four installments between August 2020 and May 2025. The Indian government will provide $ 1.89 billion and the co-financiers are expected to provide $ 1 …

In short Curve Finance recommends Chainlink as a decentralized price oracle. This, after some projects misused Curve as a price oracle, which led to attacks. Chainlink claims it can prevent some of these attacks. Editor’s Note: This article has been updated with comments from Chainlink co-founder Sergey Nazarov. He clarifies that Curve was not at …

Note that the student loan situation has changed due to the impact of the coronavirus outbreak and the relief efforts of the government, student loan lenders and others. Check out our Student Loans Hero Coronavirus Information Center for news and additional details. * * * The requirements for private student loans are very different from …

Provisions of the new stimulus bill designed to help small business owners – like the Economic Disaster Lending (EIDL) and the Paycheck Protection Program (P3) – have rightly received a lot of attention. Warning. This is all the more true as a part of these loans can be forgivable, making at least part of the …

A few months before the Assembly elections, the AIADMK government of Tamil Nadu on Friday announced a waiver of crop loans of 12,110 crore rupees of which 16.43 lakh farmers benefited from cooperative banks. Making the announcement to the state assembly, Chief Minister K Palaniswami said the program will go into effect immediately and a …

New Delhi: The government established an expert committee headed by former Comptroller and Auditor General (CAG) Rajiv Mehrishi to assess the impact of waiving interest and interest on interest on loans during the moratorium offered to borrowers affected by Covid which ended on August 31. The panel, which was announced Thursday evening, has been asked …

The Small Business Administration (“SBA”) published a new FAQ on April 23, 2020, to provide additional guidance on the Payroll Protection Plan (“PPP”) loan program contained in the CARES Act. It should be noted that the SBA has added to its previously published FAQs a question and answer number 31 regarding the certification of a …

The Punjab National Bank, the second-largest public sector lender, has received loan restructuring requests worth Rs 12,000 crore out of the 40,000 crore it anticipated due to stress from the pandemic of Covid-19 on businesses and individuals, the general manager of the Mallikarjuna bank says Rao. Of the total restructuring requests, the restructuring sought for …

Reserve Bank of India (RBI) relief on loan repayments may have helped many borrowers during the coronavirus outbreak, but the moratorium, coupled with slower collections from banks, has affected the activity of third-party collection agencies. These companies depend solely on lenders for collection assignments. These agencies are engaged by both banks and non-bank financiers to …

Number of workers employed by PPP beneficiaries Nebraska Total: 327,286 1. Full-service restaurants: 16,112 2. Limited service restaurants: 10,705 3. Religious organizations (including churches): 9,112 4. General medical and surgical hospitals: 8,829 5. Offices of physicians (except mental health specialists): 7,692 6. Maize cultivation: 5,633 7. Offices of dentists: 5,026 8. Nursing facilities (skilled nursing …

MARSHALL, Texas (KTAL / KMSS) – The city of Marshall has created a new loan program to help businesses suffering the effects of the coronavirus. The city allocated part of the CARES law funds to create a revolving loan program. The City of Marshall Small Business Revolving Loan Fund is designed to help small and …

So many loan applications have reached the State Department of Economic Community Development that its commissioner said on Friday that none would be accepted after 6 p.m. Friday evening (tonight). In an email sent Friday afternoon, the Darien Chamber of Commerce communicated this Commissioner’s announcement: At 6 p.m. today, DECD will stop accepting applications for …

Albert E. Rose, Executive Vice President and Chief Operating Officer University Credit Union remains open for business with a comprehensive set of financial support initiatives to help our members, businesses and the community we serve weather the unique and extraordinary uncertainty caused by the current health crisis. As detailed by Albert E. Rose, Executive Vice …

Nicole Thompson, The Canadian Press Posted Sunday, December 6, 2020 at 12:44 p.m. EST Crowds of former students were unable to reach the Canada Loan Center, which faces a backlog of more than 30,000 requests for repayment assistance. The National Student Loans Service Center phone lines have been clogged since the lifting in late September …

The New Jersey Economic Development Authority (NJEDA) will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan program at 9 a.m. on Wednesday, February 10. The $ 10 million program expansion will support New Jersey small businesses and nonprofits affected by the COVID-19 pandemic and will be capitalized by an ownership of …

PETER HANCOCK Capitol News Illinois SPRINGFIELD – People in Illinois who still owe money on private and non-federal student loans can now receive temporary relief as the COVID-19 pandemic continues. During this time, families with school-aged children who receive food assistance will be entitled to additional benefits. Governor JB Pritzker announced the new relief efforts …

ANI | Update: 07 Aug 2020 14:57 STI Pune (Maharashtra) [India] Aug 7 (ANI / BusinessWire India): According to an Economic Times report – “The MSME sector is and is considered to be the backbone of the Indian economy. It produces over 6,000 products that are highly sought after in the markets global and employs …

M Bosses in the manufacturing and aviation industries were quick to complain that Santa Claus Sunak didn’t offer them a bailout yesterday. You can see why; Frightened by the prospect of millions of young builders, waiters and inactive hotel workers on street corners, the Chancellor instead threw them a lifeline. Arguably, increased support for engineers …

Aberdeen boss Derek McInnes says he’s ‘in the process’ of arranging player loans E! News UK Calendar An icon of a desk calendar. to cancel An icon depicting a circle with a diagonal line across. Caret A block arrow icon pointing right. E-mail An icon of a paper envelope. Facebook A Facebook “f” brand icon. …

After reaching a deal on June 5, the IMF will today disburse an emergency standby agreement of $ 5.2 billion for Photo: Reuters After reaching a deal on June 5, the IMF will pay Egypt an emergency standby agreement of $ 5.2 billion (SBA) to Egypt today. While the IMF previously disbursed a $ 2.7 …

HYDERABAD: A Chinese national and a native of Mumbai were arrested Wednesday by police in Rachakonda as part of the ongoing investigation into illegal online instant loan applications. Officials froze Rs 28 crore in their bank accounts. Jian aka Mark (26) and Vivek Kumar (26) are associated with Ajaya Solutions Pvt. Ltd, and were arrested …

The Enforcement Directorate arrested a person in a money laundering case linked to alleged fraud on a 750 crore rupee bank loan committed by abusing credit facilities, the agency said on Saturday. central survey. He said Sai Chandrasekhar was arrested on Friday under the Prevention of Money Laundering Act, after which a local court sent …

MUMBAI: Director of Law Enforcement arrested Omkar Realtors & Developers Chairman Kamal Gupta and Managing Director Babulal Verma in a case related to alleged irregularities in a rupee 410 crore project loan against a slum rehabilitation project in central Mumbai. On Monday, a team of officials from the Enforcement Directorate conducted a search of a …

SEATTLE: Seattle-area Indian tech executive accused of fraudulently requesting over $ 5.5 million in loans from U.S. small businesses and laundering some of the money in his account Robinhood Personal Brokerage. Mukund Mohan is said to have applied for eight loans from six companies under the Paycheck Protection Program, a federal stimulus package designed to …

Illegal call center that leaves from Ranhola, a suburb of Delhi, and deceives people in the name of granting loans to a prominent financial services company has been dismantled by the police cyber cell unit of Delhi (CyPAD). Seven people, including a sales promoter associated with a telecommunications services company, have been arrested for deceiving …

A 32-year-old Texas man was charged Tuesday in the Eastern District of Texas with bank fraud, wire fraud and misrepresentation. He is said to have requested millions of dollars in loans intended to help those affected by the coronavirus. Samuel Yates of Maud, Texas, is accused in a federal criminal complaint of asking for $ …

The college debt cancellation tax break in the COVID-19 relief program signed last week by President Joe Biden has lifted a potential hurdle to student loan debt cancellation: taxes. The provision will not count any debt forgiveness from December 31, 2020 to January 1, 2026 as income. Under one of the existing remission programs (income-based …

MADRID – Atletico Madrid have signed Colombian right-back Santiago Arias from Dutch champions PSV Eindhoven to replace Croatian Sime Vrsaljko who has been loaned to Inter Milan. “Atletico Madrid and PSV Eindhoven have reached an agreement to transfer Santiago Arias to our club. The right-back becomes a new Atletico player after signing for the next …

The Asian Infrastructure Investment Bank (AIIB) has approved a $ 500 million loan to support India’s Covid-19 operations, according to a statement released Friday. Co-financed by the World Bank, the funds were intended to enable the government to step up its containment efforts and strengthen the health system to also manage future epidemics. “Building a …

The Asian Infrastructure Investment Bank (AIIB) has approved an additional loan of $ 750 million to bolster India’s response to Covid-19, according to a statement released Wednesday. Co-financed by the Asian Development Bank (ADB), the loan will be used to strengthen economic assistance to businesses, including the informal sector, to extend social safety nets for …

through: Sarah Doiron and Morgan Wright Posted: Jul 31, 2020 / 6:03 PM CDT / Update: Jul 31, 2020 / 6:27 PM CDT This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. WASHINGTON (NEXSTAR) Tens …

Bank buildings are pictured in Toronto’s financial district on June 27, 2018. The Canadian Press The Bank of Nova Scotia and Bank of Montreal added $ 3.2 billion more to reserves against future losses in the third quarter, bracing for the likelihood of a slower economic recovery as cases of the novel coronavirus increase in …

B arclays has set aside an additional £ 1.6bn in the second quarter to cover the cost of loans it says could go wrong due to the coronavirus crisis. The bank said the impairment charge meant it had recorded pre-tax profit of £ 1.27bn in the second half of the year, down significantly from £ …

The RBI and the government are considering a one-time loan restructuring, which includes extending the recognition date for non-performing assets beyond 90 days to help businesses affected by covid-19. Mint is examining the potential impact of this move. What is the restructuring of bank loans? Restructuring is a process that allows banks to change the …

Buying a home is usually a complex process, involving a lot of documentation, time and money. Since buying a property requires a huge amount of money, most individuals apply for a home loan from banks or other financial institutions. However, home loans are different from other forms of borrowing mainly because the amount involved is …

India oi-Vicky Nanjappa | Updated: Tuesday September 1, 2020, 13:25 [IST] New Delhi, 01 Sep: The Center and the Reserve Bank of India have informed the Supreme Court that the moratorium on loans is extendable to 2 years. We are in the process of identifying struggling sectors to vary the benefits depending on the impact …

The State Bank of India will step up retail lending and expects most lenders to post higher than expected profits as the economy recovers faster than expected, according to President Dinesh Khara. “The banks expected worse, so they stepped up risk management considerably,” Khara, who took over as the head of the nation’s largest lender …

In the initial phase of the digital journey, the target was the urban market, but later HDFC Bank decided to tackle the semi-urban and rural pockets as well. Behind it all, the goal was to grow the business and shatter the myth of the base effect, which slows the growth rate of a large bank. …

Bost University Hospital is only a half-hour drive from Taliban-controlled territory in Afghanistan’s agitated Helmand province, but it has something that even the nearby government hospital doesn’t: easy access to electricity 24 hours a day. In late 2015, the private hospital tapped into donor funding to install a brand new solar power system on its …

ISLAMABAD: To overcome Pakistan’s struggling economy, Prime Minister Imran Khan plans to mortgage the largest park in Islamabad to obtain a loan of around Rs 500 billion. According to a report by Dawn, the proposal to mortgage the F-9 park to obtain a loan of approximately Rs 500 billion will be on the agenda of …

Pune (Maharashtra) [India], Dec. 4 (ANI / NewsView): A medical emergency suddenly arises and although the best medical care is available, money is bound to be needed to meet the expenses. This is where an unsecured personal loan from Bajaj Finserv can come in handy.Not only is it easy to get a personal loan to …

SUNNY ISLES BEACH, Florida – (COMMERCIAL THREAD) – South Florida’s most elegant address continues to reign supreme as one of the most successful projects to enter the prime real estate market. Fortune International Group and Chateau Group, co-developers of the Ritz-Carlton Residences in Sunny Isles Beach, today announced that they have repaid a $ 212 …

Poonawalla Finance Private Limited (Poonawalla Finance), a systemically important non-depository NBFC, announced its partnership with the Institute of Company Secretaries of India (ICSI) to offer a special unsecured term loan product to over 65,000 business secretaries across India. Poonawalla Finance has signed a Memorandum of Understanding with ICSI for the Special Term Loan Program that …

THE NATIONAL Audit Office (NAO) reported that the Bounce Back loan program initiated for businesses by Chancellor Rishi Sunak due to the COVID crisis has succeeded in quickly supporting small businesses, but at the same time warns that the government is now facing a potential loss of anywhere between £ 15 billion and £ 26 …

In a judgment that may have implications for the case against fugitive tycoon Vijay Mallya, the High Court of the United Kingdom ruled in favor of the international branch of the Punjab National Bank in a $ 22 million loan recovery case. The judgment could set a precedent in the UK debt collection case against …

NEW DELHI: RBI extended the moratorium on loan repayments until August 31 on Friday, which matches Dalal Street’s expectations well. However, analysts were still disappointed, as they expected the central bank to come up with a unique loan restructuring proposal and give banks some breathing space in terms of not having to mark-to-market (MTM). – …

Photos Winfield Police COWLEY COUNTY — Law enforcement authorities are investigating an armed robbery and have released security camera footage of the suspect. Police were sent to Check Into Cash in the 100 block of West 13th Avenue in Winfield on Monday for a report of an armed robbery, according to a press release. Officers …

This time, Barbara Hayden, another member of the Friends board, contacted the governor’s office, Liston said. Hayden and her husband Robert have donated $ 31,081 to Parson’s campaign fund since 2016, state records show. Barbara Hayden did not return a request for comment. Sam Rourke, an assistant in the governor’s office, spoke to Hayden by …

JESSE LINGARD is awaiting a shock summons to England after his incredible career turnaround on loan at West Ham. Manager Gareth Southgate will name his squad tomorrow for the next qualifying matches against San Marino, Albania and Poland. 3 Jesse Lingard is in the running for a shock summons in EnglandCredit: Reuters 3 Jesse Lingard’s …

NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) – Gray stone, a leading commercial real estate lender, investment and advisory firm, has provided a loan of $ 34,419,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) to refinance a 266-unit multi-family property in Lubbock, in Texas. The transaction was initiated by Steven Mumford at the Greystone Atlanta …

A government watchdog, the Consumer Financial Protection Bureau, also raised the issue of delays and service agent errors in a scathing report in June on significant issues with the civil service loan cancellation program. “Borrowers complain that when their server reports a number of qualified payments that borrowers believe to be inaccurate, borrowers have a …

Wells Fargo & Co (NYSE: WFC) reportedly planned to offload some of its units that are not part of its US banking franchise. The latest to go on sale may include its corporate trust unit for proceeds of $ 1 billion or more as well as its student loan portfolio, according to Bloomberg. What happened: …

Law360, London (June 4, 2020, 6:55 p.m. BST) – European business financier Proventus Capital Partners is suing the husband and wife business owners of an aircraft leasing company for £ 18million (23 million dollars) after allegedly defaulting on their loan agreements. Proventus, which operates through one of its funds specifically targeting companies in need of …

The state government ended the Gruhalaxmi agricultural loan program announced in the 2019-2020 budget, presented by then-chief minister HD Kumaraswamy, on the grounds that it has “no demand” for from the farming community. Under this scheme, farmers in difficulty could obtain loans at the lowest interest rate on mortgage ornaments in gold, silver or platinum. …

Barclays has apologized to small businesses having “problems” with applications for government-backed emergency loans. The bank said it has approved more than 50,000 loans worth more than £ 1.5 billion from the ‘Bounce Back’ program to support businesses affected by the coronavirus The crisis – 100% guaranteed by the government – was launched on Monday. …

It appears that more government bailouts are underway for struggling airlines, as the coronavirus pandemic continues to decimate demand for air travel around the world. American Airlines, which is the largest US carrier, announced on Friday that it had successfully entered into a loan deal with the US Treasury for $ 5.48 billion in a …

When he lost his job and money worries prompted him to consider suicide, a local thought that a loan shark might be a solution. Instead, it was the start of a four-year nightmare that left him scared to come out and face threats of violence. Things got so bad that he couldn’t afford the essentials, …

Everton right-back Jonjoe Kenny is set to sign a loan deal with Celtic after the Scottish champions were surprised by Liverpool in their pursuit of Preston defender Ben Davies. Kenny, 23, has made 48 appearances for Everton and is a short-term substitute for Jeremie Frimpong, who left for Bayer Leverkusen last week. Manager Neil Lennon …

California Attorney General Xavier Becerra joined 21 state attorneys general on Wednesday in demanding the immediate cancellation of the loan for former ITT Technical Institute students, who they said were swindled by the for-profit school. In one letter to the chief operating officer of federal student aid at the US Department of Education, Becerra and …

April 28, 2020 at 8:24 p.m. EDT Through Christy Turner, WFTV.com Florida – The Small Business Administration began accepting applications for the second round of the Paycheck Protection Program on Monday. The online application portal crashed within minutes of opening due to overwhelming demand. QUICK NOTES: The PPP aims to help small businesses keep their …

The Reserve Bank of India has extended the moratorium on EMI loans for an additional three months, until August 31, 2020. This makes it a six-month moratorium on EMI term loans from March 1, 2020 to August 31, 2020. Banks and non-bank financial companies have announced details of their EMI moratorium facilities. Here’s everything you …

On May 15, 2020, the Small Business Administration (SBA) and the US Department of the Treasury released a Paycheque Protection Program (P3) loan forgiveness request. While the 11-page document clarifies some issues, it leaves others unanswered; the SBA and the Treasury have indicated that further guidance will be released. A significant concern for a number …

Several months after the government announced the launch of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) program, street vendors continue to face various obstacles when it comes to its implementation. The program plans to provide unsecured loans of up to Rs 10,000 to street vendors across the country, with minimal documentation, with the aim of …

There does not appear to be any relaxation in bank stocks for the third consecutive session, as the Nifty Bank Index hit a new high of 34,758 points, up 1.4% from the previous close. RBL Bank, IndusInd Bank and Axis Bank continued their bullish trajectory, gaining 3.0-7.5% on Wednesday, and were closer to “squeezing” losses …

Many business owners are unsure of whether to request a paycheck protection program (P3) loan forgiveness. Many questions and ambiguities related to forgiveness remain. Despite the publication of an 11-page application, complete with definitions and calculations, and the Small Business Administration (SBA) interim final loan cancellation rule, uncertainties are mounting. Some of the problems and …

After suffering sharp declines in activity at the start of the second quarter of 2020, loan issuance in North America, Europe and Asia-Pacific (excluding Japan) resumed in June as lockdowns from COVID-19 wore on relaxed. Despite the stasis that hit the markets in March, April and May, a good start to the year and a …

US leveraged loan default rate surpasses 4% as oil and gas break industry record

Loan defaults in the United States continued to rise in July, surpassing 4% by number of issuers for the first time since 2010, after five components of the S & P / LSTA Loan Index. leverage tripped the defaults of $ 7.7 billion term loans. The rate by number of issuers, at 4.14%, is the …

DUBAI: ADQ, a state-owned Abu Dhabi company, hired a small group of banks for a loan of around $ 1 billion to support its acquisition of 45% stake in commodities trader Louis Dreyfus Co (LDC) , said three sources familiar with the matter. The ADQ announced in November that it had signed an agreement to …

TRANSFER TRACKING STATUS: Ready Atlanta united have acquired Andrew Gutman of Celtic and lent the rear to New York Red Bulls in exchange for a third-round selection at the 2024 SuperDraft, the clubs announced on Tuesday. Atlanta could receive up to $ 50,000 in general allowance money if certain performance-based incentives are met. Gutman was …

Bankers are nervous about repayment of Patanjali Ayurved, the ability to finance a new loan of 4,000 crore rupees requested for the acquisition of Ruchi Soya after a rating agency downgraded Patanjali’s debt by saying that there was no corporate guarantee offered by the parent company for the loan. Days after the October 17 downgrade, …

New Delhi, Jan. 23 (PTI) The CBI today arrested a former president and four other ex-IDBI bank officials as well as four former Kingfisher Airlines executives in connection with Vijay Mallya’s default. Read also – The vaccination campaign will only be carried out for 3 hours in Mumbai today, according to BMC; Find the full …

Administrative issues that disrupted the rollout of the federal paycheck protection program have been largely resolved, the US Small Business Administration’s senior administrator for New England said on Wednesday. However, that initial $ 350 billion loan pool has been depleted, the SBA announced Thursday morning, and Congress has yet to agree on a new and …

Kerala will not get the second tranche of the World Bank’s $ 250 million Development Policy Loan (DPL) and the additional $ 100 million requested by the state for the Rebuild Kerala Initiative (RKI). Instead, the government has a good chance of securing assistance from the Program for Results (PforR) financing instrument developed by the …