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Month: April 2025

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Visas to job risks: US woes hit education loan cos

[ad_1] MUMBAI: India's education loan companies are facing collateral damage from the Trump administration's crackdown on immigrants. With the US accounting for 50-75% of the education loan disbursements, lenders are facing a business slowdown as students rethink their America plans. Lenders are also implementing stringent assessment checks to process US education loans, preferring strong profiles and top-tier universities amid mounting concerns over borrowers' ability to repay loans given the political situation and risk of a hiring slowdown in the US due to tariff-led recession fears. This, in a way, is shrinking their pool of US candidates, impacting business. Apart from banks, a growing crop of NBFCs, new-age financial and study abroad platforms, including players like Credila, Avanse Financial Services, and InCred Finance, operate in the higher education lending space in India.For some firms like InCred Finance, enquiries and applications for […]

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‘We’re just going to say you’re fools’: Trump warns US may shift course if no Russia-Ukraine deal

[ad_1] President Donald Trump has warned that the United States could walk away from efforts to broker peace between Russia and Ukraine “very shortly” if progress isn’t made. The US president said he was hopeful a ceasefire could be reached but made it clear that if either side proves too difficult, the US would simply “take a pass.” "It's a vicious battle with the best equipment, the best everything, and it is brutal. 2,500 young people a week, some of them not so young, actually. They're getting older. They're getting older by the month.""But 2,500 a week, and we're going to get it stopped, ideally. Now, if for some reason one of the two parties makes it very difficult, we're just going to say you're foolish, you're fools, you're horrible people, and going to just take a pass. But hopefully […]

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‘Should resign immediately’: Opposition slams VP Dhankhar’s comments on SC | India News

[ad_1] NEW DELHI: Opposition leaders have strongly criticised Vice President Jagdeep Dhankhar’s recent comments targeting the Supreme Court, accusing him of undermining the judiciary and violating constitutional norms. Dhankhar had questioned the Supreme Court’s authority under Article 142 and criticised its verdict setting timelines for presidential assent to bills, sparking sharp reactions from opposition leaders."Article 142 has become a nuclear missile against Democratic forces available to judiciary 24x7. We cannot have a situation where you direct the President of India and on what basis? The only right you have under the Constitution is to interpret the Constitution under Article 145(3). There it has to be five judges when Article 145(3) was there, the number of judges in the Supreme Court was eight, 5 out of 8, now 5 out of 30 odd more," Dhankhar had said.'No office is above the […]

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‘She left fantastic impression’: Trump praises Italian PM Giorgia Meloni’s US visit

[ad_1] US President Donald Trump on Friday praised Italian Prime Minister Giorgia Meloni, saying she made a "fantastic impression" during her visit to the United States.Sharing a post on Truth Social, Trump posted, "Prime Minister Georgia Meloni of Italy was great yesterday in her visit to the White House. She loves her country, and the impression she left on everyone was FANTASTIC!!!"Meloni responded on X saying, "Thank you, President Trump!" She further highlighted that Italy-US cooperation is "based on common values and a long friendship.""We will continue to work together to strengthen the bond between our peoples and to face global challenges with determination," she added.Italian media sources had earlier said that Meloni's visit partly aimed to facilitate a meeting between Trump and European Commission President Ursula von der Leyen.Her direct engagement with Trump occurs at a crucial time, as […]

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Hoax bomb threat at Kanpur airport triggers panic, 21-year-old arrested

[ad_1] Hoax bomb threat at Kanpur airport triggers panic, 21-year-old arrested NEW DELHI: Panic briefly gripped Chakeri Airport in Kanpur on Friday after a hoax call claimed a bomb had been planted on a 72-seater flight. Authorities later confirmed it was a false alarm and arrested a 21-year-old man for making the call.According to ACP Sumit Sudhakar Ramteke, an airport staff member named Satendra Singh received the threat call, in which the caller said the bomb would explode once the flight lands.Security teams, including a bomb disposal squad and an anti-sabotage check (ASC) unit, were immediately deployed to search the airport premises. However, no suspicious object was found.Local police, with help from a surveillance team, tracked down and arrested the caller, identified as Mohit Singh, a resident of Yashoda Nagar, within two hours.During interrogation, Singh admitted the threat was a […]

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Who are Anne-Mari Eriksen and cop Jessica Ikner, the biological mother and stepmom of FSU shooter?

[ad_1] Anne Mari Eriksen (left) claimed to be the biological mother of Phoenix Ikner, the FSU shooter, seen with his stepmother Jessica Ikner in the (right) photo. The suspect shooter who killed two and injured several by opening fire at the Florida State University campus Thursday had easy access to his mother's gun as his mother is cop Jessica Ikner. While the revelation was shocking enough that a cop's son opened fire at the Florida State University campus with motives not yet known, another shocking revelation came when some Anne-Mari Eriksen took to social media claiming that she is Phoenix's biological mother. She blamed Jessica Ikner and Phoenix's father for the incident though she deleted those posts later. Who is Jessica Ikner, a star cop?Jessica Ikner is a star cop who was the employee of the mother in March 2024. […]

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Harvard School of Public Health faces ‘budget crisis’ after Trump cuts billions in US federal funding

[ad_1] Trump's US funding cuts trigger layoffs and shutdowns at Harvard public health school The Harvard School of Public Health (HSPH) is undergoing significant financial strain as it begins laying off employees and downsizing operations in response to deep funding cuts imposed by the Trump administration. These cuts include the withdrawal of more than $2 billion in federal funding, significantly impacting the school's ability to maintain its research and academic infrastructure.As reported by The Harvard Crimson, the budget-tightening measures come amid what school officials are calling a "significant budget crisis." Over the last two days alone, HSPH received three federal stop-work orders worth more than $60 million. The sudden withdrawal of support has already resulted in staff layoffs, reduced departmental budgets, and a reevaluation of the school's physical footprint.Layoffs and closures underway amid financial uncertaintyThe layoffs, which have already begun, […]

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GST on UPI transactions: Government denies reports of levying GST on UPI transactions over Rs 2000 | India-Business News

[ad_1] The government on Friday denied reports suggesting GST levying on UPI transactions exceeding Rs 2,000, calling such claims “completely false, misleading, and without any basis.”In an official statement, the finance ministry said, “Currently, there is no such proposal before the government,” dismissing concerns that had surfaced earlier.The ministry also clarifyed the tax framework, explaining that GST is only applicable on charges like the merchant discount rate (MDR), which are relevant for certain payment methods.However, in January 2020, the Central Board of Direct Taxes (CBDT) eliminated MDR on person-to-merchant (P2M) UPI transactions.“Since currently no MDR is charged on UPI transactions, there is consequently no GST applicable to these transactions,” the ministry stated.UPI, or Unified Payments Interface, has witnessed a remarkable surge in usage, with transaction values skyrocketing from Rs 21.3 lakh crore in 2019-20 to a soaring Rs 260.56 lakh […]

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Ahmadiyya minority beaten to death by anti-blasphemy group in Pakistan

[ad_1] A member of Pakistan’s Ahmadiyya community was beaten to death on Friday after a mob of radical surrounded an Ahmadi place of worship in Karachi’s Saddar neighbourhood.The crowd, having many from the anti blasphemy political groupTehreek-e-Labbaik Pakistan (TLP), forced their way through narrow streets chanting anti-Ahmadi slogans before surrounding the colonial-era worship site. Tensions quickly escalated when the group accused the minority community of violating Pakistan’s controversial anti-Ahmadi laws.“One member of the community was killed after the mob identified him as an Ahmadi,” said Muhammad Safdar, a senior police official in Karachi. “They attacked him with sticks and bricks.”Police said members of several religious parties were part of the mob. To protect others from further violence, officers took around 25 Ahmadis into custody and moved them away in a police-escorted van after negotiating with the crowd, which had swelled […]

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‘Locals with deadly weapons’: BJP claims police debunked Mamata’s blame on ‘outsiders’ for Bengal violence | India News

[ad_1] File photo of mangled remains of vehicles seen at the violence-affected Beldona area under Samsergunj PS, in Murshidabad. (Pic credit: ANI) NEW DELHI: BJP leader Amit Malviya on Friday hit out at West Bengal chief minister Mamata Banerjee, claiming that state police reports had contradicted her statements on the recent communal violence in Murshidabad. He accused Banerjee of misleading the public by blaming "outsiders" for the unrest, while police reports pointed to the involvement of locals.Mob comprised 'local youths' armed with 'deadly weapons'In a post on X, Malviya shared excerpts from police reports, saying, "The West Bengal Police has effectively debunked Home Minister Mamata Banerjee’s claims regarding the recent communal violence in Murshidabad." According to him, the police confirmed that the mob involved in the April 11 violence at Sajur More comprised "local youths" carrying "deadly weapons," including bombs, […]

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