Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Netflix Inc. has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery Inc. While Netflix has the support of Warner Bros.’ board, it faces regulatory and political hurdles to get the acquisition over the line. (Reuters) The streaming giant secured a $5 billion revolving credit facility and […]
As job uncertainty and layoffs continue to impact India’s private sector workforce, many salaried professionals are reevaluating the long-held belief that buying a home in a metro city should take precedence over building a retirement corpus. A recent Reddit discussion has reignited debate over whether financial security and stress-free living should take precedence over long-term […]
Ahmedabad-based Arjun Saxena and Kavya Saxena purchased a flat with an annual home loan interest of ₹3 lakh. If Arjun had taken the loan alone, he could claim only ₹2 lakh under Section 24B, losing the tax benefit on the remaining ₹1 lakh. Instead, they chose joint ownership with equal EMI contribution. When a home […]
In a move poised to stimulate growth in the Indian economy, the Reserve Bank of India’s Monetary Policy Committe has reduced the benchmark repo rate by 25 basis points to 5.25%. While a shot in the arm for borrowers, the RBI repo rate cut presents a mixed bag for the common man, offering immediate relief […]
Sugata Dasgupta (name changed) bought an apartment in 2017 with a home loan. After closing the loan in 2023, he now wants to upgrade the family kitchen and needs about ₹3 lakh. He’s unsure whether to take a home-improvement loan or use his savings. Which option makes better financial sense? Those who want to preserve […]
Rohan and Meera from Bengaluru bought a flat together in 2018. The property was registered 50–50, and both paid the EMIs, although Rohan contributed a little more. After they separated in 2024, Rohan wanted his name removed from the joint home loan, but the bank refused because Meera did not earn enough to take over […]
Clearing a huge home loan might seem impossible, but one techie has shown it can be done and shared some hard-learned lessons along the way. Techie revealed that mental pressure of repaying a home loan.(Pexels/Representational Image) A Reddit post revealed that the techie’s home loan journey started in September 2019, with a ₹53 lakh home […]
The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported on Monday. The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg) In a 25 September letter seen by FT, UK Export […]
Tribeca Developers, India’s licensed partner of the Trump Organization, has repaid ₹200 crore to HDFC Capital for its flagship Mumbai project, The Edge, the company said in a statement. Tribeca Developers has repaid ₹200 crore to HDFC Capital for its Mumbai project, The Edge, the company said. (Representational Photo) (Unsplash) The early closure highlighted the […]
Pune-based software professional Rohit Deshmukh wanted to renovate his 10-year-old apartment ahead of Diwali, so he opted for a top-up loan. This is because he did not want to dip into his savings, and personal loan interest rates were very high. Top-up home loans are now being approved much faster in today’s digital lending ecosystem […]
