Strain Financial News

Prince Harry arrived in London on Tuesday to mark the 10th anniversary of the Invictus Games but won’t see his father during the visit, a spokesperson said.

Divorce itself doesn’t directly impact your CIBIL score. But what if you have a joint account with your ex-spouse, or you took a loan keeping her/his income in mind? Or perhaps the process of divorce left you high and dry, thus impacting your ability to service the outstanding debts in immediate future. 

External Affairs Minister S Jaishankar on Saturday said what is happening in poll-bound Canada over the killing of Khalistan separatist Hardeep Singh Nijjar is mostly due to their internal politics and nothing to do with India. Jaishankar said this while replying to a question on why Canadian Prime Minister Justin Trudeau is criticizing India. While interacting with senior journalists during a visit here, he also said the country needs a strong and active Prime Minister like Narendra Modi in order to bring further reforms in various sectors to make a «Viksit Bharat (developed India)». «India's image globally is now actually much much higher than it had been ever… Canada is an exception. You see the different country heads are praising Bharat and its Prime Minister,» the external affairs minister said.

Indian nationals linked to the murder of Sikh separatist leader Hardeep Singh Nijjar in the province of British Columbia in June 2023. Police added that the probe also includes investigating connections to the Government of India. The following is a timeline of important events that led to the arrests in a murder case that has strained relations between Canada and India. On June 18, 2023, 45-year-old Hardeep Singh Nijjar was shot outside a Sikh temple in Surrey, which is a Vancouver suburb known for its large Sikh population. He was a Canadian citizen who was advocating for the establishment of a separate Sikh homeland to be formed from India.

India on Thursday rejected fresh comments by Canadian Prime Minister Justin Trudeau on the killing of Khalistan separatist Hardeep Singh Nijjar and said the remarks once again illustrated the political space given in Canada to separatism, extremism, and violence. Trudeau addressed a Khalsa Day event in Toronto on Sunday that was attended by some pro-Khalistan people. On the sidelines of the event, he told the media that the killing of Nijjar in British Columbia in June last year created «problem» and that he cannot ignore it, in an apparent reference to his earlier allegations of involvement of Indian agents in the assassination. «PM Trudeau has made such remarks earlier as well. His remarks illustrate once again the political space that has been given in Canada to separatism, extremism, and violence,» external affairs ministry spokesperson Randhir Jaiswal said at his weekly media briefing.

profitability and asset quality would remain robust in current fiscal reflecting strong economic growth, but they may be compelled to slow down their loan growth as deposits are not growing at a similar pace, S&P Global Ratings has said. In the Asia-Pacific 2Q 2024 Banking Update, S&P Global Ratings Director SSEA Nikita Anand said the agency expects the sector's strong credit growth to moderate to 14 per cent in FY25, from 16 per cent in FY24, if deposit growth, especially retail deposits, remain tepid. Anand said there is a deterioration in loan-to-deposit ratio is every bank, with loan growth being 2-3 percentage points higher than deposit growth. «We expect banks to bring down their loan growth in FY25 and bring it in line with deposit growth. If banks do not do that, they would be paying higher to get wholesale funding, which will impact profitability,» she said at a recent webinar of S&P Global Ratings.

An American traveller to Turks and Caicos is facing a potential mandatory minimum sentence of 12 years in prison for bringing hunting ammunition into the British territory.

IIT Bombay turned motivational speaker, recently took to LinkedIn to share his profound personal journey. Baghel bravely recounted his battle with suicidal thoughts during a challenging period in his life and shed light on the three significant hurdles he faced during his college days. Financial Hardship and Emotional Turmoil Baghel recounted the distressing experience of having his hostel room locked due to financial constraints, a situation that left him deeply humiliated among his peers. He revealed the financial strain he endured as he struggled to secure funds for both his own hostel fees and his sister's medical college expenses. Baghel's poignant narrative underscores the harsh realities faced by many students grappling with financial instability. Academic Setbacks and Struggles with Language

Finally, the United States’ polity has found the resolve to pass a much-delayed aid package for Ukraine after wrangling over it for months, even as the situation for Ukraine has been going from bad to worse on the battlefield against Russia. This much-needed $61 billion package, which includes air defence systems, mid- to long-range missiles and artillery shells, along with more than $9 billion of economic assistance, got the approval of the US House of Representatives last week by 311 votes to 112.

CALGARY — At Calgary’s Centre for Newcomers, where Kelly Ernst is chief program officer, staff have been — in Ernst’s words — “run off their feet.”

Byju’s, has reportedly secured a private debt of approximately ₹30 crore to cover the March salaries of employees amidst financial challenges faced by the edtech company, Business Standard reported. While senior-level staff received partial payments, teachers and lower-ranking employees were paid in full for March, it added. The firm had previously disbursed partial salaries for February and delayed payments for March, but now both February and March salaries have been partially settled, as per the report.

parliamentary elections indicate a strong lead for President Mohamed Muizzu's ruling People's National Congress (PNC) over the opposition, including the India-friendly Maldivian Democratic Party (MDP). Election Overview

A majority of Americans who are set to retire between 2024 and 2030, known as peak boomers, are not adequately prepared financially, according to a new study commissioned by the ALI Retirement Income Institute.

Lok Sabha Elections 2024: The Bharatiya Janata Party (BJP) has promised in its manifesto to introduce the Uniform Civil Code (UCC) across India if it comes to power. This code would replace existing personal laws like the Hindu Marriage Act, the Parsi Marriage and Divorce Act and the Christian Marriage Act with a single set of laws for all citizens. In February, Uttarakhand became the first Indian state after Independence to approve the UCC.

Financial steps can often be as unpredictable as the monsoon rains. For Mayank Aggarwal, a young professional working in the IT sector, managing his finances was a constant juggling act. However, a recent setback led him to ponder over a critical question: Is taking a personal loan a wise choice to settle his delayed credit card bills?

Also Read: Mutual fund assets skyrocket 35% in FY24, revealing key March trends One strategic avenue for securing the financial future of younger siblings is through mutual fund systematic investment plans (SIPs). These plans offer a generous gesture and a strategic move toward long-term financial security.

Large property developers across India have stepped up efforts to incorporate water conservation measures into projects, aiming to mitigate environmental impact and this is prompting other small and mid-sized developers to implement these measures. According to brokers operating in various property markets, these measures are turning out to be a key differentiator for conclusion of sales transactions.

California officials have voted to take over monitoring groundwater use in part of the fertile San Joaquin Valley under a landmark law aimed at protecting water flow to homes and farms

Riley Strain have left his family and investigators with more questions than answers. On the night of March 8, Riley Strain texted his mother, Michelle Whiteid, expressing concern about his drink tasting odd during a night out in Nashville. According to Michelle, Riley mentioned that his rum and coke «didn't taste good» and compared it to «barbecue.» These seemingly mundane messages have taken on a haunting significance after Riley's disappearance.

Microsoft Corp. will invest $1.5 billion in a technology company backed by the United Arab Emirates, a deal that includes an intergovernmental pact to ensure artificial intelligence security as the U.S. and China increasingly compete for influence in the Gulf.

Allottees of the under-construction apartment society have raised complaints to the DDA about shattered wall tiles, patchy cement beneath, as well as rusty pipes and iron reinforcements, raising doubts about the materials used. Some allottees have alleged that old fittings might have been used in the luxury flats. Additionally, electricity and water pipes were visible through unfinished walls and plastering on them. The buyers have also pointed out that the complex was registered under the Real Estate Regulatory Authority (RERA) after repeated requests and RERA's recent intervention in April. The DDA also informed RERA about a potential project completion extension to October 2024, contrary to the initial promise of June 2024. With significant investments already made, allottees are finding themselves financially strained, fearing further delays in possession. Allottees have expressed concerns that they have already paid 75 percent of the amount, and their loan EMIs have already started, in addition to the rent they are paying for living in rented accommodation.