IIT-Bombay closes lecture halls for overnight use; students voice concerns in campus magazine

IIFL Finance dropped 3.07% to Rs 675 after its material subsidiary, IIFL Home Finance, received an assessment order raising a tax demand of Rs 963.39 crore, including surcharge and cess.

US Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen amid market volatility. Global bond markets have significantly expanded since the mechanism was created. The FIMA repo facility allows foreign central banks to exchange Treasuries for dollars. This tool protects the US economy from overseas financial…

The rise of U.S. Treasury yields over five percent indicates expectations for a longer period of elevated interest rates. This trend comes amid increasing oil prices and inflation worries, compounded by significant debt issuance and fiscal issues. As a result, higher borrowing costs are set to impact mortgages, personal loans, and corporate financing practices across…