Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
Devastating Bhote Koshi floods in Nepal have led to a surge in recovered bodies, overwhelming morgues across several districts. Authorities are setting up temporary facilities and preparing for the management of unidentified remains as identification efforts continue.
Despite large inflows of foreign funds mobilised through the Reserve Bank of India's (RBI's) concessional swap schemes, the rupee has seen little impact because the dollars have largely been absorbed into the central bank's reserves instead of being released into the spot market, according to market participants.
The National Disaster Response Force (NDRF) is closely monitoring the India-Nepal border regions in Bihar and Uttar Pradesh for any adverse impact from the devastating flash floods in Nepal. While no significant impact has been reported yet, 20 NDRF teams are deployed in the Indian states for potential relief operations. India has also sent humanitarian aid to Nepal and has additional NDRF teams on standby for deployment if requested.
Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.
Conman Sukesh Chandrasekhar has been sentenced to eight years of rigorous imprisonment by a Delhi court for impersonating a Supreme Court judge and attempting to influence a bail proceeding. The court emphasised the need for a deterrent message against manipulating the justice system, especially given the rise of sophisticated impersonation techniques.
Ibrahim Mbaye, the 18-year-old Senegal forward, has completed a permanent transfer from Paris St Germain to Premier League club Aston Villa.
Income Tax officials seized Rs 9 crore in cash from a car near Bengaluru's Electronic City, leading to further recovery of Rs 1.3 crore in Tamil Nadu, bringing the total to Rs 10.3 crore. The interception followed police information about illegal cash transportation, and an investigation is underway to determine the source and purpose of the funds.
Chelsea are prepared to sell Enzo Fernandez to Manchester City for the right fee if they can strengthen midfield first, while City remain keen despite missing Chelsea's deadline.
Defending champion Carlos Alcaraz made a strong return to competitive tennis after a five-month wrist injury layoff, defeating Roman Safiullin 6-4, 6-4, 6-4 in the first round of the US Open, showcasing his powerful forehand with over 20 winners.
Gujarat CID has arrested Rafiqul Alam, the alleged 'mastermind' behind 1,090 cybercrimes totalling Rs 1,071.5 crore, who was found to have links with China-based criminals and converted illicit funds into cryptocurrencies.
The India Junior International Grand Prix badminton tournament is set to begin in Pune, featuring 304 players from nine countries, including top junior talents like Dev Ruparelia. The event, organised by the Poona District Metropolitan Badminton Association, offers a total prize money of USD 15,000 and concludes on August 30.
Sri Lanka's remarkable lower-order resistance helped deny India a series sweep, with the tailenders facing more deliveries than the team's openers across the series.
Devastating flash floods near the Tibet-Nepal border have led to the evacuation of over 1,000 people, including tourists, from Gyirong County. The floods caused casualties in both Tibet and Nepal, disrupted infrastructure, and prompted a Level-IV alert due to a rapidly forming barrier lake with a high risk of breaching and causing further downstream flooding.
Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.
Lionel Messi, widely regarded as one of the greatest footballers of all time, has announced his retirement from international football, concluding a career marked by numerous club and international accolades, including multiple Ballon d'Or awards and a World Cup title.
Uttarakhand Chief Minister Pushkar Singh Dhami has directed officials to strengthen regular monitoring and safety measures for 13 identified 'sensitive' glacial lakes in the state, citing potential risks in hilly regions.
The 65th Subroto Cup International Football Tournament commenced in New Delhi, featuring a junior girls' match where Meghalaya defeated Chandigarh 2-0. The opening ceremony included vibrant performances and an address by Air Marshal S Sivakumar, highlighting the tournament's role in promoting young talent.
Explore the unparalleled style evolution of Zendaya, the ultimate couture chameleon, as we celebrate 30 of her most iconic and unforgettable fashion moments.
The death toll from devastating flash floods in Nepal has surged to 1,050, with nearly 4,000 people, including foreigners and security personnel, still missing. Rescuers are struggling with intermittent rainfall, rising river levels, and difficult terrain, while expert teams from India and China assist in operations, particularly at hydropower project sites where many workers are believed to be trapped in tunnels.
US President Donald Trump has rejected Iran's proposal to end the ongoing war, deeming it 'totally unacceptable'. This decision comes amid efforts to negotiate an end to hostilities that began on February 28 and have disrupted global oil supplies.
'The valley is around 16 km from the Nepal border, and it took just 8-10 minutes for the ice and rocks to reach the Nepal border. You can imagine how fast it must have travelled!'
India's Ministry of External Affairs reported that 320 Indians are missing and 400 are stranded on the Chinese side following devastating flash floods along the Nepal-Tibet border. India is actively involved in rescue efforts, sending relief supplies to Nepal and coordinating with Chinese authorities for the evacuation of its citizens. External Affairs Minister S Jaishankar reviewed the situation, emphasising the priority given to the well-being of Indian nationals.
Devastating flash floods in Nepal, triggered by an ice and rock collapse, have led to over 900 deaths and 4,000 missing. Rescue operations by security personnel are severely hampered by critical shortages of specialised equipment, including thermal cameras, body bags, ropes, and helicopters. International assistance from India and China is aiding the search for missing workers, highlighting Nepal's long-standing disaster management capacity issues and inadequate funding.
Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.
Sri Lanka's Sonal Dinusha scored an unbeaten 133, his second century of the match, to help the hosts salvage a draw against India in the second Test, denying them a series sweep.
Rishabh Pant has become India's highest run-scorer as a designated wicketkeeper in away or neutral Tests, surpassing former captain Mahendra Singh Dhoni during the 2nd Test against Sri Lanka in Colombo.
Several pilgrims from Tamil Nadu, including Ilavarasi and Chitra, have gone missing in Nepal following devastating flash floods, leaving their families distraught and appealing for urgent government rescue efforts.
Yash's Toxic: A Fairy Tale for Grown-Ups has unleashed a wave of fan frenzy and houseful shows across Karnataka, Hyderabad, and Mumbai.
Two commercial vessels, an oil tanker and a cargo ship, carrying a total of 22 Indian nationals, were hijacked by armed pirates in separate incidents off Yemen and Somalia. All Indian crew members on both vessels are reported to be safe, according to the latest information from the shipping ministry and the External Affairs Ministry.
Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.
Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
Akshay Bhatia finished tied 12th at the BMW Championship with an impressive eagle-birdie finish, securing his spot in the season-ending TOUR Championship. He was one of three Indian-origin players, including Aaron Rai and Sahith Theegala, to perform well in the FedExCup Playoffs. Wyndham Clark claimed a wire-to-wire victory at the tournament.
Chinese President Xi Jinping has ordered extensive rescue operations following devastating flash floods and mudslides near the China-Nepal border in Tibet. The disaster has caused heavy casualties, left nearly 400 people missing, including 105 Indians and 37 NRIs, and damaged infrastructure. Emergency teams have been deployed, and efforts are underway to evacuate residents and provide medical aid.
Akshay Sharma and Manu Gandas carded matching seven-under 65s to share a one-shot lead on the opening day of the Telangana Open. Vishesh Sharma and Rashid Khan are tied for third, one shot behind. The first round was suspended due to fading light and will resume on Wednesday.
World No. 1 Scottie Scheffler has taken a commanding three-shot lead at the halfway stage of the FedEx St. Jude Championship with a stunning nine-under 61. Meanwhile, Indian-origin golfers Sudarshan Yellamaraju and Aaron Rai are well-positioned to advance to the next playoff event, the BMW Championship, by staying within the crucial Top-50 standings.
Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), has called for the PM CARES Fund, which holds over Rs 8,452 crore, to be used to improve infrastructure in rural schools and build more than 1,000 new high-tech schools, highlighting the dire conditions faced by children.
'With factories starting early for the next season, fresh sugar will enter market 10-15 days earlier than usual, and sugar price are expected to remain affordable in near term.'
Rocky Flintoff, son of former England all-rounder Andrew Flintoff, scored his first senior professional century for Lancashire in their One-Day Cup victory over Somerset.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
