Logistics and transportation services provider Yatayat Corporation India Ltd has filed draft papers with markets regulator Sebi to raise funds through an initial public offering, as the road freight segment continues to see strong demand, PTI reported.According to the draft red herring prospectus (DRHP), the proposed IPO will comprise a fresh issue of up to…
The average interest rate on a 30-year fixed mortgage in the US edged slightly lower this week but continued to hover within a narrow range that has prevailed for nearly two months, offering only modest relief to homebuyers.The benchmark long-term mortgage rate slipped to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said on…
The National Highways Authority of India (NHAI) has received regulatory approval from the Securities and Exchange Board of India (Sebi) to register Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT), paving the way for wider public participation in national highway assets. In a statement issued on Wednesday, NHAI said the Public…
US unemployment benefit claims fell again last week, underscoring a labour market that remains broadly stable even as hiring momentum shows signs of cooling, according to data released by the Labor Department.Applications for jobless aid dropped by 10,000 to 214,000 for the week ended December 20, down from a revised 224,000 a week earlier, AP…
AI-generated image used for representation “The golden age of America begins right now,” Donald Trump declared as he launched his second stint in the White House. Back in the presidency, he wasted no time signaling that this term would be markedly different from his first. Trump’s biggest leverage this time: tariffs. Unlike before, trade would…
The Union Cabinet has approved the Delhi Metro Rail Project Phase-VA, paving the way for the construction of 13 new stations and extending the capital’s metro network beyond the 400-km mark, union minister Ashwini Vaishnaw said. According to details presented, the Phase-VA project will involve the construction of 13 stations, of which 10 will be…
Representative image (AI) LIC Housing Finance has announced a reduction in its home loan interest rates, providing fresh relief to homebuyers. The lender has lowered the starting rate on new home loans to 7.15%.The revised rates are linked to the borrower’s CIBIL score, with customers having a score of 825 or above eligible for the…
Representative image (AI-generated) Pakistan saw a 14% rise in foreign loans and grants during the first five months of the current fiscal year (July–November 2025), reaching $3.032 billion compared to $2.667 billion in the same period last year.Of the total inflows, foreign loans rose 46.2% to $2.521 billion, while grants fell by 43% to $54…
With Christmas around the corner, many customers remain confused about bank operations as online messages and local notices give mixed signals. People planning cash withdrawals, cheque deposits or branch visits are often unsure whether Christmas Eve is a working day or a bank holiday. To avoid last-minute inconvenience, it is important to understand how bank…
A US federal judge upheld the Trump administration’s move to move ahead with President Donald Trump’s proposal to impose a $100,000 fee on new H-1B visas, dealing a setback to the American technology companies and business groups challenging the move.US District Judge Beryl Howell, in Washington, DC on Tuesday rejected a lawsuit filed by the…