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Parliamentary panel flags delays, cuts in minority scholarships
8 hours, 37 minutes ago

Parliamentary panel flags delays, cuts in minority scholarships

Deccan Chronicle  

A parliamentary panel has expressed concern over delays in approving scholarships for Buddhist, Christian, Jain, Muslim, Parsi, and Sikh students under the Ministry of Minority Affairs for the academic year 2024-25. It also highlighted the sharp reduction in funding for the pre-matric scholarship scheme and criticized the cancellation of two key higher education programs—the Maulana Azad National Fellowship and the …

Education Students Panel Warned
Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head
10 hours, 5 minutes ago

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head

Live Law  

The Jharkhand High Court has slashed the interest rate on compensation awarded to the family of a 50-year-old barber who was struck by a mini-bus, ruling that the 12% annual interest granted by the Motor Accident Claims Tribunal, Dumka, was excessive. Justice Subhash Chand, presiding over the case, reduced the interest rate to 7.5%, stating, “The impugned Award passed by …

Insurance Compensation Court Interest Company Tribunal High
Your credit card defaults may pinch much more
22 hours, 42 minutes ago

Your credit card defaults may pinch much more

Deccan Chronicle  

Mumbai: The next time you miss credit card payments, you may be hit by much higher interest charges and late fees then what you may be paying now.In a move that will give lenders more freedom to set their own interest rates for credit card defaults, the Supreme Court has set aside an order of the National Consumer Disputes Redressal …

Credit Bank Pay Interest Rates Interest Card Rates
Property values to go up in Vizag from New Year
1 day ago

Property values to go up in Vizag from New Year

The Hindu  

From New Year 2025, existing property owners can enjoy increased property value, but new buyers will have to shell out increased property registration charges as the State government has decided to revise existing property rates, except in Kurmannapalem area in the city. Before the new rates come into force from January 1, 2025, the government had already announced its decision …

Property Value Rates
Telangana CM rules out ticket price hike, single screen theaters applaud decision
1 day, 7 hours ago

Telangana CM rules out ticket price hike, single screen theaters applaud decision

Deccan Chronicle  

Chief Minister A. Revanth Reddy's decision to rule out a hike in ticket prices in Telangana has been met with relief from over 300 single-screen theaters in the state. Vijayender Reddy, president of the Telangana Controllers and Exhibitors Association, welcomed the move, stating, “Ticket hikes have devastated hundreds of single screens, and we are happy that the Chief Minister has …

Prices Price Telangana Hike Ticket Ticket Prices Theaters
Trump threatens to take back control of Panama Canal over ‘ridiculous fees’
1 day, 14 hours ago

Trump threatens to take back control of Panama Canal over ‘ridiculous fees’

Al Jazeera  

Trump also hinted at China’s growing influence around the canal, which connects the Atlantic to the Pacific oceans. United States President-elect Donald Trump has threatened to demand control of the Panama Canal after accusing Panama of charging excessive rates on US ships passing through one of the busiest waterways in the world. “This complete ‘rip-off’ of our Country will immediately …

China Trump Panama Canal
Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments
Trending News
2 days, 6 hours ago

Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments

ABP News  

The Supreme Court on Friday set aside an order from the National Consumer Disputes Redressal Commission regarding interest rates on late credit card bill payments. The court ruled that interest rates will not be capped at 30 per cent per annum for late bill payments related to credit cards. Notably, the NCDRC earlier in 2008 ruled that levying more than …

Credit Interest Rates Card Rate Rbi Ncdrc Court Sets
SC allows banks to charge over 30% interest on credit card; overturns NCDRC cap
Trending News
2 days, 21 hours ago

SC allows banks to charge over 30% interest on credit card; overturns NCDRC cap

The Hindu  

The Supreme Court on Friday allowed appeals filed by banks challenging a 2008 National Consumer Disputes Redressal Commission order, which held that charging over 30% interest on credit card dues amounted to unfair trade practice under the Consumer Protection Act. The NCDRC had passed the order in 2008 on the questions whether banks could charge the credit card users interest …

Credit Card Interest Ncdrc
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
3 days, 1 hour ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Associated Press  

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known …

Inflation Index Price Month Fed Rate Cut
Ministry responds to The Hindu report; to release OBC fellowship funds soon
3 days, 2 hours ago

Ministry responds to The Hindu report; to release OBC fellowship funds soon

The Hindu  

The Ministry of Social Justice and Empowerment will soon release overdue funds for National Fellowship for Other Backward Classes research scholars. Research scholars under the NFOBC have faced delays in disbursal of their fellowship funds by the Ministry of Social Justice and Empowerment. The scheme is designed to provide a total number of 1,000 Junior Research Fellowships per year to …

Social Justice Research Ministry Funds Fellowship Ugc Obc
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
3 days, 3 hours ago

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending

Associated Press  

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine. The central bank held open the possibility of an increase at its next meeting and said inflation was expected to fall to an annual 4% next year from its current 9.5%. …

Europe Russia Inflation Bank Central Putin Russian
Fed lowers rates but sees fewer cuts ahead
Top News
3 days, 14 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed Rate
China's loan prime rates remain unchanged
3 days, 14 hours ago

China's loan prime rates remain unchanged

China Daily  

BEIJING -- China's one-year loan prime rate, a market-based benchmark lending rate, came in at 3.1 percent Friday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.6 percent, according to the National Interbank Funding Center. Analysts believe the lower lending rate will help relieve …

China Lpr Rates Remain
Fed lowers rates but sees fewer cuts ahead
Trending News
3 days, 14 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed Rate
Trump's put himself in a 'big mess' as House Dems sit back and watch GOP 'squirm': report
3 days, 18 hours ago

Trump's put himself in a 'big mess' as House Dems sit back and watch GOP 'squirm': report

Raw Story  

President-elect Donald Trump faces the very real possibility of being the first-ever American president to be inaugurated with a shut-down federal government. As Politico reported, the decision by Trump and X owner Elon Musk to kill the bipartisan funding deal to keep the government open has put Trump in a "big mess" at a time when he hoped to be …

Trump Gop Politico
As the Bank of England holds interest rates, should we fear ‘stagflation’?
Trending News
3 days, 22 hours ago

As the Bank of England holds interest rates, should we fear ‘stagflation’?

The Independent  

Should “stagflation” be our word of the day? Concern about the other problems might explain why the Bank of England’s committee voted the way it in deciding to hold rates even when other central banks have been cutting. The doves this time were concerned about Britain’s “weakening labour market” – although it would have to weaken a lot for Britain …

Bank Interest Rates High Cent Rate Reeves Cut
SWTD’s green energy transition gains momentum
4 days, 1 hour ago

SWTD’s green energy transition gains momentum

The Hindu  

The State Water Transport department will introduce more solar-powered vessels with varying passenger capacities as part of its plan to transition 50% of its passenger boat fleet to green energy. “Our plan is to launch two boats by mid-January after obtaining registration from the Ports department and securing Indian Register of Shipping certification,” says Shaji V. Nair, Director, SWTD. “We …

Green Energy Passenger Solar Boat Swtd Transition Gains
A Guide to Gift Deed: Registration Process, Stamp Duty & More
4 days, 2 hours ago

A Guide to Gift Deed: Registration Process, Stamp Duty & More

The Hindu  

Table of Contents What is a Gift Deed in Property Registration? Gift Deed Registration Process Step 1: Create a comprehensive Gift Deed document that includes all required elements, such as the donee and donor’s information, a description of the property, a consideration clause, a transfer clause, an acceptance clause, and the signatures of both parties and witnesses. Stamp Duty and …

Legal Duty Donor Stamp Stamp Duty Both Parties Registration Process
Indian markets join global selloff as U.S. Fed indicates fewer rate cuts ahead; Sensex sinks below 80k
4 days, 2 hours ago

Indian markets join global selloff as U.S. Fed indicates fewer rate cuts ahead; Sensex sinks below 80k

The Hindu  

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the U.S. Federal Reserve signalled fewer rate cuts next year. Despite this, investor caution persisted amid ongoing FII selling, with a strategic shift towards defensive sectors like pharma as evidenced by their outperformance," Vinod Nair, Head of …

Benchmark Nifty Bse Rate Points Sensex Global Equities
Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Trending News
4 days, 2 hours ago

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England kept interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Most economists had thought the latest data, and the prospect of price …

Inflation Labour Budget Bank Interest Rates Cent Rates
Interest rates held at 4.75%: What it means for your mortgage and savings
4 days, 2 hours ago

Interest rates held at 4.75%: What it means for your mortgage and savings

Daily Mail  

The Bank of England has opted to hold the base rate at its current level, meaning interest rates will finish the year at 4.75 per cent. Today's decision to hold the base rate at 4.75 per cent may seem like bad news for mortgage borrowers, many of whom will be desperate for their monthly costs to fall. Tracker rates follow …

Savings Bank Interest Rates Interest Harris Cent Rates
IIT Kanpur’s eMasters programs have high graduation rates
4 days, 3 hours ago

IIT Kanpur’s eMasters programs have high graduation rates

The Hindu  

It has been two years since IIT Kanpur launched its eMasters program for working professionals. “These programs benefit individuals looking to keep pace with technological advancements and evolving industry demands”, said Mr. Shalabh. “The popularity of these courses stems from their relevance to current industry trends, the increasing adoption of technology, and the growing demand for expertise in these specialised …

Students Iit Kanpur Program Professional Programs Professionals Working Professionals
Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
4 days, 3 hours ago

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

The Hindu  

The rupee dropped 14 paise and breached the crucial 85 level to close at an all-time low of 85.08 against the U.S. dollar on Thursday, as a hawkish stance from the U.S. Federal Reserve sparked a broad dollar rally. Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low on …

Low Rupee Dollar 14 Paise
Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold
4 days, 4 hours ago

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold

Associated Press  

LONDON — The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best. The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, …

England Bank Interest Rates Interest Bank Of England Inflation Rates Heightened Uncertainty