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Why personal-guarantor recoveries are so tiny — and why Chandra’s was tinier still

Subhash Chandra was offering just 0.03% of the loans for which he was a personal guarantor. But there should be no surprise here. In the history of such settlements in India, guarantors have paid an average 1% of the amount they stood guarantee for

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‘Only a frikkin game’: Akram recalls helping India bowler before his anti-Pak posts

Legendary cricketer Wasim Akram urges fans to leave past conflicts behind when it comes to cricket. He emphasises that the India-Pakistan rivalry should be viewed simply as a sport. Reflecting on his mentorship of Irfan Pathan, who admired his bowling style, Akram noted Pathan’s impressive hat-trick against Pakistan. Ultimately, he reminded everyone that victories and

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Business

US-Venezuela’s historic deal: Will Americans get cheaper gas now?

The United States has successfully negotiated a deal to import Venezuelan oil, aiming to replenish its reserves with a consistent supply of affordable crude. While the long-term implications for American drivers remain ambiguous, the deal’s effect may not be felt for several months. The arrangement involves significant untapped oil fields and a private company, but

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‘Like a thanedar’: As Satyendar Jain gets bail, Arvind Kejriwal targets PM Modi

A Delhi court granted bail to former minister Satyendar Jain in a corruption case. Kejriwal criticized the Centre, stating Modi only arrests people. Bharadwaj also condemned the arrest, calling it unnecessary harassment. The case involves a tender awarded to Euroteck Environmental Private Limited. The Anti-Corruption Bureau alleged manipulation of tender conditions.

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Toronto home sales fall for first time in six months as trade worries weigh

Greater Toronto Area home sales decreased in August for the first time in six months. Concerns over trade and potential borrowing cost increases deterred many buyers. Sales and prices also saw a year-on-year decline in the region. New property listings experienced a significant drop during the same period. This housing market slowdown reflects broader economic

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Paswan vs Manjhi: SC ‘creamy layer’ debate divides NDA; will it open Pandora’s box?

Two influential Dalit leaders in Bihar are embroiled in a public discourse about sub-quotas related to existing reservations. This rift within the Scheduled Caste community may stir up political complexities for the NDA government. The BJP must navigate the demands of anti-reservation activists and also its allies, who seek changes in reservation policy, even as

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