Gold loans are experiencing significant growth, driven by existing borrowers taking larger amounts. This surge also reflects a shift from unsecured personal loans to secured gold financing options. Gold loans now represent a substantial portion of total consumer credit in India. Non-banking financial companies have increased their market share in this growing segment. Experts anticipate
Smoke rises following an Israeli military strike in Gaza City, on Tuesday. (PTI) The Shillong Times
Sakshi Chaudhary (51kg), Arundhati Choudhary (70kg), Sachin Siwach (60kg), Ankush Panghal (80kg), Narender Berwal (+90kg) and world champion Jaismine Lamboria (57kg) joined Lovlina Borgohain (75kg), Priya Ghanghas (60kg), Preeti Pawar (54kg) and Jadumani Singh (55kg) in the semifinals of their respective weight categories. India had finished with seven boxing medals in Birmingham – three gold,
Brookfield and NextEra Energy plan a significant data centre and energy complex. This massive project will be built on a former uranium enrichment site in Kentucky. The development includes substantial natural gas generation and battery storage capacity. The privately financed campus is expected to begin operations in phases from 2028. This initiative aligns with a
Banks collected nearly Rs 7,100 crore in minimum balance penalties during FY26. Private banks gathered Rs 4,948 crore, a significant increase from the previous year. HDFC Bank alone levied Rs 1,800 crore in charges from its customers. Ten public sector banks have discontinued these penal charges on savings accounts. Overall, banks notified customers before applying
The Supreme Court has modified its prior order regarding coal block scam cases. Appeals against trial court acquittals or convictions can now go to Delhi High Court. This decision revises a twelve-year-old directive mandating all appeals in the Supreme Court. Senior advocate Kapil Sibal argued that the Supreme Court should not be the first appeal
Arvind Kejriwal claims the Centre pressures auto companies regarding E20 petrol. He alleges firms fear agency action if they disclose E20 risks. Kejriwal stated officials confirmed potential engine damage in older vehicles. Delhi BJP chief Harsh Malhotra challenged Kejriwal to present damaged vehicles. Malhotra demanded mechanic certification proving E20 caused the damage.
Road transport minister Nitin Gadkari informed Rajya Sabha about E20 fuel impacts. Studies found no major performance impact on overall vehicle operations. BS-VI vehicles continue meeting emission norms when tested with E20 fuel. Legacy vehicles did not exhibit significant performance variations or abnormal wear. However, some BS-III vehicles may require rubber part replacements.
More than one lakh schools operate with a single teacher nationwide. Andhra Pradesh leads with over sixteen thousand such institutions. This highlights significant teacher deployment gaps despite national averages. Vacancies arise from retirements, resignations, and changing student enrollments. States are advised to fill posts and use technology for needs.
Sreeshankar continued his impressive run at the Commonwealth Games by winning silver in the men’s long jump with a best effort of 8.09m. He had also finished second at the 2022 Games, becoming the first Indian to win back-to-back Commonwealth Games medals in the event.
