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Leading up to Tuesday’s city election, mayoral candidate Ed O’Neill is this election cycle’s biggest fundraiser and spender, according to campaign documents filed with the Iowa Ethics and Campaign Disclosure board. O’Neill raised $12,150, and spent $9,197.15 on his campaign. His biggest contributers include Juanita and James Byrn, who each donated $2,000, Tamara Olsen, who […]

National Housing Board’s (NHB) two major decisions promise to bring cheer to home loan borrowers: 1. NHB has barred the housing finance companies (HFCs) from charging prepayment penalty on floating rate home loans. In case of the fixed rate home loan, the prepayment penalty can be charged. However, in this case, if the borrower is […]

Students and teachers at Delhi University are a worried lot. A new syllabus of economics (H) for semester I and II uploaded on the university website on October 31 has created confusion among them even as only 20-odd days are left for the undergraduate semester exams to begin. With just around 20-odd days left for […]

Vishal, 32, a software engineer from Bangalore, regrets the day he fell for an attractive personal loan scheme a few months back. Rising interest rates have meant his equated monthly instalments (EMI) turned heavier, and now feels like a crippling millstone. Who’s to blame for the predicament? Both Vishal and the bank. While aggressive banks […]

GE Capital Services India said it will extend its presence in equipment and auto leasing business in India. It is now present in credit cards, corporate lending, energy services and private equity. The domestic arm of the $150 billion US-based General Electric Co. has invested $4 million to build the business in the last one-and-a-half […]