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Dick Cheney Cause of Death: How did Dick Cheney die? Health details about former U.S. Vice President who survived five heart attacks
Dick Cheney Cause of Death: A survivor of five heart attacks, Dick Cheney long thought he was living on borrowed time.
Mortgage rates & refinance rates today: 30-year fixed rises to 6.12% as treasury yields climb - experts warn relief may not come until 2026
Mortgage rates today November 4: Borrowing costs for home loans are climbing again. The average 30-year fixed mortgage rate has risen to 6.12 percent. This upward trend is linked to increasing 10-year Treasury yields. Refinance rates have also seen a slight increase. Experts do not anticipate a significant drop in mortgage rates before the end of 2025.
Banks cannot charge interest on money recovered, says Vijay Mallya to High Court
Fugitive industrialist Vijay Mallya argued before the Karnataka High Court that banks should cease charging interest on recovered amounts. He seeks detailed account statements, asserting that banks have already recovered their dues and should not levy further interest on the recovered sum.
What prejudice will be caused if bank provides hearing before classifying account as fraud: Supreme Court
On Tuesday, the Supreme Court dive into a pressing issue as justices J B Pardiwala and K V Viswanathan interrogated banks about the potential biases encountered when borrowers are denied a chance to defend themselves before accounts are flagged for fraud.
Want to pay home loan faster? CA founder shares simple tweaks to finish 20-year loan in 11 years, save ₹30 lakh+
Sujit Bangar home loan tips: A borrower significantly reduced a ₹60 lakh home loan's tenure and interest by implementing simple repayment strategies. Paying one extra EMI annually and increasing EMIs by 5% each year, as suggested by Sujit Bangar, helped clear the loan early and save over ₹30.6 lakh in interest.
Motilal Oswal’s AUM jumps 55% YoY; housing finance, AMC, and wealth units drive record profits
Motilal Oswal Financial Services (MOFSL) posted strong Q2 results with AUM up 55% YoY, driven by ₹14,000 crore inflows and 17 lakh new SIPs. The firm reported record operating profit of ₹554 crore, while housing finance disbursements jumped 50% YoY. CFO Shalibhadra Shah said stable asset quality, rising spreads, and lower funding costs will sustain growth momentum.
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Renewable energy firm SAEL Industries files for Rs 4,575 crore IPO
Renewable energy firm SAEL Industries is set to launch its IPO, aiming to raise Rs 4,575 crore. The offering includes a fresh issue of shares and an offer for sale by major shareholder Norfund. Proceeds will fund company units and debt repayment. SAEL, India's largest agri waste-to-energy producer, boasts significant solar and biomass capacity.
US Treasury expects to borrow $569 billion in fourth quarter
The US Treasury anticipates borrowing $569 billion in the fourth quarter. This figure is $21 billion lower than previously estimated. The reduction stems from a larger cash balance at the quarter's start. The Treasury also projects borrowing $578 billion in the first quarter of 2026. In the third quarter, borrowing reached $1.058 trillion.
Oracle default fears surge as credit swaps spike to 2-year high - is AI taking its toll?
Oracle default fears surge as its credit-default swaps jump to a two-year high, signaling rising investor anxiety. The five-year CDS spread nears 80 basis points, up from 55 earlier this year. The spike follows Oracle’s massive $38 billion AI-driven debt plan to fund new cloud data centers. Analysts warn total debt could hit $290 billion by 2028, tripling from current levels. Markets see growing AI leverage risk, testing confidence in Oracle’s balance sheet as AI spending collides with rising borrowing costs.
ED attaches ₹7,545-cr assets linked to Reliance ADA group
The Enforcement Directorate has seized over 40 properties valued at ₹7,545 crore from the Anil Dhirubhai Ambani Group. This action is part of an investigation into the alleged diversion of public funds by various group entities. The attached assets include prime real estate in Mumbai and Delhi.
Euro zone government bond yields edge up before US data
Euro zone government bond yields rose on Monday, after a two-week climb, as investors awaited U.S. data and tracked trade developments following a fragile truce between the U.S. and China.
He lives paycheck to paycheck, yet family and friends ask him for money, and he gives. His emotional post goes viral
A Reddit user shared his struggle with constant financial requests from relatives and friends, leaving him living paycheck to paycheck. Despite his financial responsibility, he found it difficult to refuse loved ones, leading to guilt and conflict. Fellow Redditors advised setting firm boundaries and recognizing that real relationships offer support, not financial exhaustion.
Taurus Horoscope Today, 3rd November 2025: Emotional sensitivity fuels grounded decisions
Taurus Daily Horoscope: The Moon in the Pisces sign heightens emotional awareness and encourages compassion in your interactions. Grounded Venus energy helps you merge intuition with practicality, making the day ideal for nurturing connections and reorganising priorities. Focus on comfort, healing, and meaningful progress.
Gemini Horoscope Today, 2nd November 2025: Intuition and logic blend for success
Gemini Daily Horoscope: With the Moon transiting Pisces, you may feel more sensitive, imaginative, and introspective than usual. Your thoughts deepen, and you seek clarity in personal and professional matters. When intuition supports your quick intellect, meaningful progress unfolds.
Charting the Global Economy: Fed reins in rate-cut expectations
North American central banks lowered borrowing costs but signaled fewer cuts ahead, while the ECB and Bank of Japan held rates steady. AI is boosting US economic growth, and Europe shows resilience despite tariffs.
Salt Lake businessman loses ₹3.8 crore in Facebook crypto scam
A Salt Lake businessman lost Rs 3.8 crore after a woman he met on Facebook convinced him to invest in a fake cryptocurrency platform. He transferred the money in multiple instalments, believing the platform's displayed high returns. When he tried to withdraw, he was asked for a 15% tax, revealing the scam.
Save big by pledging the gold in your locker: When gold loans beat personal loans and credit cards
With personal loan rates typically hovering in the 10-25% range and credit card interest at around 40% annually, that gold sitting idle in your locker could be your best friend. From medical emergencies to bridging business cash flow gaps, gold loans offer lower interest rates, instant approvals, and no credit score requirements, making them the go-to choice for millions of Indians who need quick, affordable credit without the paperwork nightmare.
Banks tap Fed Standing Repo Facility in record numbers amid month-end pressures
The Federal Reserve's Standing Repo Facility loaned a record $50.35 billion on Friday to address month-end liquidity pressures in short-term funding markets. Two operations saw the facility lend $30 billion and $20.35 billion, respectively, to eligible financial firms facing temporary cash needs.
Citi cuts base lending rate to 7% - here's what it means for your loans and credit
Citibank: Citigroup is making borrowing easier for millions. The bank is lowering its base lending rate by 0.25 percentage points to 7.00%. This change starts on Thursday, October 30. The move aims to make loans more attractive during tough economic times. Borrowers could save hundreds of dollars annually on larger loans. This decision could influence other banks' lending trends.
AI giants turn to massive debt to finance tech race
Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive race to lead in artificial intelligence. The trend toward debt is new for internet giants long accustomed to having ample cash flow to pay for what they want.
US bank reserves nosedive to $2.8 trillion, crash to 4-year low - analysts say crisis could be near
US bank reserves fall to 4-year low as liquidity fears surge. Fresh Fed data shows reserves have plunged to about $2.8 trillion, down from $3.3 trillion earlier this year — the lowest since 2021. Analysts warn the system is nearing scarcity as the Fed’s quantitative tightening drains cash and Treasury debt issuance pulls liquidity from banks. Funding costs are rising, money-market balances top $1 trillion, and smaller lenders may face stress soon if reserves slide below $2.7 trillion, triggering potential market turmoil.
Mortgage rates today: Why are U.S. mortgage rates rising again today? 30-year fixed mortgage climbs to 6.31% — what it means for homebuyers
U.S. mortgage rates today edged higher. The 30-year fixed mortgage rate rose 0.02% to 6.31%, with an APR of 6.34%, according to Forbes Advisor. A $100,000 loan now costs $620 monthly, totaling about $123,770 in interest. The 15-year fixed climbed to 5.41%, with $812 monthly payments. Jumbo loans hit 6.77%, and refinance rates reached 6.37%. Slight but steady rises show borrowing costs tightening again as inflation and bond yields keep pressure on the U.S. housing market.
Euro area bond yields on track for two straight weekly rise after Fed, ECB
Euro zone government bond yields were on track for a second straight weekly rise following a hawkish signal from the Federal Reserve and an uneventful European Central Bank meeting.
Banks told to double micro card rollout for faster MSME credit
Banks are being urged to double their target for issuing Micro Enterprise Cards this year. This initiative aims to provide quick working capital credit to eligible micro businesses. The government has finalized a model scheme for these cards, which offer a credit limit of up to ₹5 lakh.
Borrow now, pay later? What you must know about HELOC draw periods before it’s too late
A Home Equity Line of Credit (HELOC) lets you borrow money using your home’s value. It has a draw period when you can take money and a repayment period when you must pay it back. Knowing how HELOC draw periods work helps you plan your payments and avoid financial trouble later.
Mortgage rates today: Why have mortgage rates dropped to the lowest level in a year — and what’s driving the 111% refinance boom?
Mortgage rates today hit the lowest level in over a year. Rates fell to 6.30% from 6.37%. That’s the weakest since September 2024. Refinance demand jumped 9% in a week. It’s now up 111% from last year. Total mortgage applications rose 7.1%. Home purchase loans climbed 5% week-over-week. They’re 20% higher than a year ago. Borrowers are rushing to lock lower rates. The housing market is heating again despite high prices and economic uncertainty. Here’s the latest mortgage and refinancing rate data.
U.S Fed Interest rate cut decision: New Federal Reserve interest rates impact on 15-and 30-year mortgage rates. Check latest update
Fed Interest rate cut decision is here and home buyers are now trying to ascertain what will be the impact of Federal Reserve announcement on mortgage rates.
Himachal CM urges FM to increase additional borrowing limit for state by 2 pc
In a strategic move to strengthen Himachal Pradesh's fiscal framework, Chief Minister Sukhvinder Singh Sukhu engaged with Union Finance Minister Nirmala Sitharaman, advocating for a significant increase in the state's borrowing capacity. Additionally, he appealed to Union Minister Jitendra Singh to prioritize advanced weather monitoring technologies and the establishment of bio-manufacturing centers.
Former UK PM Sunak turns columnist, offers budget advice against tax rises
Rishi Sunak, the former Prime Minister of the UK, takes to the op-ed pages this week with important fiscal advice ahead of the nation’s budget announcement. He warns that increasing taxes would be a misstep that could derail economic progress. Instead, he promotes a strategy of budgetary restraint through spending cuts and argues for better management of long-term debt.
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