'Borrowers may stop EMIs if the loan or tripartite agreement expressly permits suspension, including where disbursements or repayments are linked to specified construction milestones.'
Festival shoppers are increasingly turning to EMIs and other affordability options for high-value purchases, especially beyond metro cities.
The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.
Don't judge an expensive gadget only by its EMI cost; also consider how many years it will remain useful after you've finished paying for it.
'For most car buyers, the interest rate is the first, and often the only, number they compare.'
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
Multiple borrowings and weak cash flows are causing repayment delays among gold loan borrowers.
Becoming wealthier isn't only about earning more money. Sometimes, it starts with stopping the money you already earn from quietly disappearing.
Choose a car loan that fits your budget, keeps EMIs manageable and saves you money on interest, not just one with attractive festive offers.
Police in Bhubaneswar have busted a family-run truck theft racket, arresting two brothers. The family allegedly acquired vehicles on rental agreements, then sold them elsewhere without paying EMIs, causing significant financial losses to owners. The gang operated across multiple districts and is currently under further investigation.
'As a youngster, if you are not investing in yourself and your active income, you will not be able to reach the first 1 crore mark.'
'Existing borrowers who have surplus cash should make partial loan prepayments to offset the impact of rising EMIs and reduce the overall interest burden.'
Ghanakanta Gogoi, the prime accused in the Guwahati hotel firing incident that claimed five lives, has been arrested by Sivasagar police in connection with a 2024 bank fraud case. This arrest occurred on Tuesday, shortly after a court sent him to judicial custody for the firing incident. The bank fraud case involves Gogoi allegedly defaulting on a car loan and threatening a bank manager.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
Lucknow police have arrested two individuals for allegedly abducting a youth and holding him captive for four days over an unpaid mobile phone instalment. The victim was reportedly forced to do labour work and had one unit of blood drawn against his will and sold. The accused, one of whom worked for a credit services company, also allegedly extorted money online from the victim.
'Starting late isn't a financial death sentence -- it's just a call to action. You can't change your starting line but you have full control over how hard you run to the finish'
Erling Haaland struck twice as Manchester City edged Ipswich Town 3-2 to make it seven wins from seven in the Premier League. Chelsea beat Everton 2-0 through Pedro Neto's brace, while Liverpool rallied to defeat Brentford 2-1 after a red card turned the game.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
A report by IIT Bombay suggests that the proposed Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions needs rationalisation before implementation to safeguard public trust in the digital payments system, highlighting that UPI's long-term economic benefits outweigh potential incremental income from merchant fees.
The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.
Aston Villa secured their first Premier League victory of the season with a 3-2 win against Tottenham Hotspur, who remain in the relegation zone after another disappointing performance.
'Your retirement corpus isn't just a big pile of cash for 'one day' -- it is the salary you pay yourself when you no longer want to go to work.'
'Separate needs from wants and minimise discretionary spending.'
The Samsung Galaxy S26 FE brings together a premium AMOLED display, a versatile triple-camera system
OnePlus has expanded the 13s range with a new 16 GB RAM and 512 GB storage configuration.
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.
Argentine footballers Lautaro Martinez, Leandro Paredes, Emiliano Martinez, and Alexis Mac Allister have paid emotional tributes to Lionel Messi following his announcement to retire from international football, reflecting on his profound impact on their careers and the national team.
Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
Can't afford the new iPhone 18 Pro in that very tempting burgundy shade? We're facing the same tragedy. But before you start taking out a personal loan for a phone, may we suggest a more financially sensible alternative? Wear the colour instead.
'I used to earn Rs 45 for working 12 hours a day at the age of 14.' 'The situation at home was weak, so that money was very important. I did whatever work I could find.'
It's not about how much you earn -- it's about how you borrow and repay.
Lionel Messi has made the 2026 Ballon d'Or shortlist after another prolific season, while five-time winner Cristiano Ronaldo was omitted despite helping Al-Nassr secure the Saudi Pro League title.
'Users should protect their savings goals before allocating money to discretionary expenditure.'
Tamil Nadu Chief Minister C Joseph Vijay has accused the opposition DMK of organised corruption and illegal collection of "party funds" during its previous regime, citing Enforcement Directorate documents. The allegations, which named former CM M K Stalin and his deputy Udhayanidhi as beneficiaries, led to a major ruckus in the Assembly.
Chelsea, under new manager Xabi Alonso, has shown renewed attacking vigour with two Premier League wins and a League Cup victory, highlighted by a 4-3 win over Brighton, but defensive vulnerabilities persist, with the team failing to keep a clean sheet in 18 league games. The arrival of World Cup-winning goalkeeper Emi Martinez is expected to bolster the backline.
The Bombay High Court has ruled that both earning partners must contribute to household and child's education expenses to maintain a lifestyle, reducing a man's monthly maintenance payment to his estranged wife and son. The court emphasised that equality cannot be claimed selectively, especially when both parties are earning.
The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely
Arsenal successfully defended their Premier League title challenge by defeating Chelsea 2-1, recovering from an early concession with goals from Kai Havertz and captain Martin Odegaard, maintaining a perfect start to the season.
The new Champions League season kicked off with star performances from Kylian Mbappe and Erling Haaland, securing wins for Real Madrid and Manchester City, respectively. Jose Mourinho's Madrid overcame Inter Milan, while City defeated Porto. Other matches saw Borussia Dortmund, Real Betis, Aston Villa, and AEK Athens also claim victories.
