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.
Unified Payments Interface (UPI) transactions in India reached Rs 29.8 lakh crore in August, approaching record levels. Volume also hit a new high of 24.51 billion transactions, driven by festive activities like Raksha Bandhan. The digital payment system continues its rapid growth, expanding its global presence to 11 countries, with further growth anticipated during the upcoming festive season and new use cases like credit on UPI.
Chelsea have completed the signing of World Cup-winning goalkeeper Emiliano 'Dibu' Martinez from Aston Villa on a three-year deal, strengthening their squad ahead of the new season.
India's UPI International payment system is now playing a crucial role in humanitarian efforts, enabling seamless disaster relief donations from Indian users to Nepal's Prime Minister Disaster Relief Fund, showcasing its growing global acceptance and utility beyond tourism. UPI IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: Unsplash Key Points UPI International, initially for Indian tourists, is now facilitating disaster relief donations to Nepal's Prime Minister Disaster Relief Fund. The embassy of Nepal in India is actively encouraging Indian users to utilise their UPI apps for these contributions. This marks a significant shift, expanding UPI's cross-border use case beyond tourism to include inbound collection for foreign governments. The move positions UPI International alongside global payment giants like Alipay+ and UnionPay for international aid. Donors need to activate the UPI International feature on their apps to transact, with amounts converted from INR to NPR.
In his advice to a distressed husband rediffGURU Ravi Mittal, dating coach, CEO of online dating website Quack Quack and Rebounce, a matrimony platform, explains how to address long-standing issues in a marriage.
Mumbai-based TCR Engineering Services has become the first independent company in India to receive Nadcap accreditation for materials testing at its Navi Mumbai and Vadodara laboratories, a crucial step for Indian suppliers to enter the global aerospace supply chain.
Finance Minister Nirmala Sitharaman urged PSBs to become 'cool' and shed their 'government bank' image to attract young customers.
Professor Subha Shankar Sarkar has resigned as the head of a five-member committee investigating alleged ABVP vandalism at Jadavpur University, citing his inability to conduct an effective inquiry, prompting the university to seek a new chairperson.
Former Chief of Defence Staff Gen Anil Chauhan (retd) revealed that Prime Minister Narendra Modi directed an 'unthinkable' and 'big lesson' action against Pakistan following the April 2024 Pahalgam terror attack, emphasising India's zero-tolerance policy for cross-border terrorism and the need for irrefutable evidence.
RSS chief Mohan Bhagwat stated that a true Hindu believes in the unity of humanity and that all religious paths lead to the same goal, asserting that 'if any Hindu thinks that there should be no Muslim in Bharat, he will not remain Hindu'.
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
GSTAT has crossed 75,000 filings but disposed of only 83 cases, highlighting the huge backlog facing India's new GST appeals tribunal.
India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.
Indian rally champions Dean Mascarenhas and co-driver Gagan Karumbaiah are set to compete in their second WRC3 event of the season, Rally del Paraguay. This marks their first gravel rally in the championship, following previous appearances in the Canary Islands and Rome, as they continue to gain international experience.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to renewed tensions in West Asia, which led to a rebound in crude oil prices, coupled with weak global market trends and foreign fund outflows.
'Improved law and order and transparent governance have helped change UP's investment image.'
In flood-ravaged Nepal, drones are playing an unprecedented role in disaster response, from airlifting bodies from inaccessible areas to delivering essential supplies and searching for trapped workers. This innovative use of UAVs is transforming humanitarian aid and rescue operations in the challenging Himalayan terrain.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.
The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.
Rajya Sabha MP Raghav Chadha has accused the Aam Aadmi Party (AAP) government in Punjab of political vendetta after his name was marked as 'shifted' in the draft electoral rolls despite being registered in Mohali. The AAP has refuted the claims, stating that Chadha has been living in Delhi and was attempting to get his voter registration made in Delhi through a 'backdated process'.
Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.
Surging growth in sales by companies hasn't translated into higher salaries just yet.
The scholarship is open to students from Classes 1 to 12, as well as those pursuing their diploma, ITI, polytechnic, undergraduate and postgraduate courses, including both general and professional programmes.
An 11-member Indian team, including medical and tunnel-rescue specialists, has arrived in Nepal to assist in the rescue of workers trapped in hydropower project tunnels following devastating flash floods. The disaster has killed hundreds, left thousands missing, and damaged critical infrastructure, prompting Nepal to seek international aid for rescue and reconstruction.
Seventeen-year-old Naavya Shah's idea was simple -- source fresh flour from a women-run mill, sell it directly to customers and, wherever possible, put women in charge of the parts of the business they had traditionally been excluded from.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
The US State Department has paused visa appointments worldwide to conduct a 'global training initiative' for consular officers, aiming to ensure applicants are not likely to become a 'public charge' and are comprehensively evaluated, intensifying President Donald Trump's immigration crackdown.
The Jharkhand High Court has stayed the state government's notifications cancelling appointments made through the 11th to 13th JPSC examinations and for food safety officers, providing relief to approximately 450 candidates.
Mastectomy brings a visible change to a woman's body. Scars, changes in breast shape and concerns about how their partner may react can make intimacy difficult, says Dr Vani Parmar, head of department -- breast oncosurgery, KIMS Hospitals, Thane.
Delhi Police are actively investigating the alleged gang-rape of a 16-year-old girl on a sleeper bus, mapping the vehicle's route using CCTV footage and mobile data, and uncovering multiple challans issued against the bus for violations, including operating without a permit. Forensic evidence is being processed, and the incident has drawn comparisons to the Nirbhaya case.
'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'
A 31-member group from Kerala narrowly escaped the devastating flash floods in Nepal thanks to a 20-minute delay at a Buddha temple. They recounted their terrifying ordeal, including witnessing the destruction and spending a night without basic necessities, before safely returning to Kerala.
From the air we breathe to the surfaces we touch, our everyday workplace can quietly influence both our physical and mental wellbeing, warns Dr Vikram Vora.
Tamil Nadu Chief Minister C Joseph Vijay opened the sluices of the Stanley Reservoir in Mettur on Tuesday for irrigation in the Cauvery delta districts.
The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.
Tamil Nadu Chief Minister C Joseph Vijay announced official vehicles and a monthly allowance for MLAs to address public grievances and monitor government projects in their constituencies. This initiative aims to reduce financial burden, improve transparency, and ensure grassroots service delivery.
