FCNR(B) deluge leaves banks flush, corporate loan rates set to soften

MacKenzie Scott is leading the charge in medical debt relief, having made groundbreaking donations that freed over $40 billion for families burdened by this often overwhelming responsibility. Her innovative approach, which involves acquiring debt at minimal costs for cancellation, has inspired other billionaires to make similar contributions. Yet, the call for broader policy reform lingers,…

A man was hacked to death in Hubballi on Friday afternoon. Police suspect an old enmity may have led to this brutal killing. The victim, Dadapeer Udayakar, was assaulted with sharp weapons in a public park. Investigators are examining a previous murder case in which Udayakar was acquitted. Efforts are underway to identify and apprehend…

Japan’s Nikkei index tumbled over 4% on Tuesday to a two-month low, led by a deep selloff in semiconductor and AI-related stocks following losses on Wall Street. Major chipmakers including Kioxia, Tokyo Electron, and Advantest saw sharp declines as cautious investors reassessed valuations ahead of major technology earnings.