June 7, 2025

Finance

Finance

PNB Housing Finance’s retail loans surge 18%, total book tops ₹75,000 crore at March end

PNB Housing Finance Limited has reported a robust performance in its Retail segment, with an approximate 18% year-on-year growth as of March 31, 2025. This surge has propelled the company’s total loan book past ₹75,000 crore, underscoring its strong position in the housing finance sector. A key highlight of this growth is the Affordable Housing

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Finance

Court of Appeal ruling on motor finance ‘goes too far’ says FCA

A court ruling which could leave motorists being owed compensation over car finance commission payments “goes too far”, the UK’s financial watchdog the Financial Conduct Authority (FCA) has told the Supreme Court. In written submissions for the hearing in London, Jemima Stratford KC, for the FCA, said: “The sweeping approach of the Court of Appeal

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Finance

Finance guru issues recession warning every Aussie needs to hear

By CAITLIN POWELL FOR DAILY MAIL AUSTRALIA and STEPHEN JOHNSON Published: 00:09 EDT, 2 April 2025 | Updated: 00:09 EDT, 2 April 2025 Finance guru Mark Bouris has issued a stark warning that a US recession would have a butterfly effect on Australia’s economy. The warning comes as economists hold their breath in anticipation of

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Finance

House Finance Committee moves its version of the budget bill | News, Sports, Jobs

House Finance Committee Chairman Vernon Criss calls the vote Monday on House Bill 2026, the committee’s substitute for Gov. Patrick Morrisey’s budget bill. (Photo by Steven Allen Adams) CHARLESTON — Ignoring Gov. Patrick Morrisey’s introduced bill for the general revenue budget, the House Finance Committee recommended its version of the budget bill that closely resembled

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Finance

Shriram Finance gets RBI nod for 100% stake in SOIPL, eyes ₹3 lakh crore AUM in FY26

Shriram Finance Limited, the flagship company of the Shriram Group, has received approval from the Reserve Bank of India (RBI) to acquire a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL), the company disclosed in a regulatory filing on Tuesday. The RBI’s approval, communicated through a

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Finance

Finance committees approve fiscal framework at 11th hour – The Mail & Guardian

Finance Minister Enoch Godongwana. (Photo: Mlungisi Louw/Gallo Images) Parliament’s finance committees late on Tuesday approved the fiscal framework tabled by Finance Minister Enoch Godongwana in his contentious 2025 budget, paving the way for it to be adopted by vote in the National Assembly on Wednesday. The development came as a result of the lifeline ActionSA

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Finance

Finance for renewables in sub-Saharan Africa is defying the odds

Daniel Duma is a research fellow and Miquel Muñoz Cabré is a senior scientist at the Stockholm Environment Institute (SEI).  Large-scale renewable energy is an unlikely success story in sub-Saharan Africa. As our new work shows, between 2013 and 2023, the installed capacity in wind and solar photovoltaic (PV) energy in the region increased by

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Finance

FCA says UK Court of Appeal car finance ruling went ‘too far’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK financial regulator has told the country’s highest court that a landmark ruling by the Court of Appeal “goes too far” in determining that car dealerships had a fiduciary duty to act in the

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Finance

Loophole allows lobbyists to give secretly to lawmaker nonprofits

But if a lawmaker happens to lead a nonprofit — as is the case for a handful of lawmakers on Beacon Hill — lobbyists and business interests have a third, more secretive way. Donations to nonprofits don’t require disclosure and are, therefore, essentially impossible to track. The revelation spotlights a loophole in the state’s 30-year-old

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Finance

Germany can co-finance European nuclear deterrence

With Donald Trump’s open support for Russia and his turning away from Europe and NATO, the question of the credibility of the American nuclear promise has taken center stage. Unlike during Trump’s first term in office, however, this time Europe has recognized the dramatic nature of the situation and developed ideas to strengthen the British

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