This month, a University of Minnesota graduate student was detained by Immigration and Customs Enforcement (ICE), sparking significant concern and protests among students and faculty. Contrary to earlier reports suggesting the student's involvement in campus protests, federal officials confirmed that the detention was related to a prior criminal history, specifically a DUI arrest, and the subsequent revocation of the student's visa by the U.S. Department of State. The Department of Ho

IIT Guwahati has recently implemented a series of initiatives aimed at improving student mental health and addressing concerns following recent student deaths. The measures focus on easing the transition for new students, strengthening peer support networks, and ensuring access to mental health services. These efforts aim to create a healthier, more supportive academic environment for students. The decision to introduce these initiatives comes in response to student protests last semester fol

A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth.   What is a Loan Against Mutual Funds?

A common question among newlyweds and couples planning their future is whether marriage has any effect on their credit score. The simple answer is no—getting married does not directly impact your credit score. Credit bureaus like CIBIL, Experian, and Equifax do not track or record marital status when calculating individual credit scores.However, while marriage itself doesn’t influence credit scores, the financial decisions you make as a couple can have a significant impact. When y

Canada has tightened its immigration and visa policies, affecting thousands of Indian students, workers, and temporary residents. Since the new Immigration and Refugee Protection Regulations came into effect on January 31, 2025, reports indicate a rise in study permit revocations, visa scrutiny, and stricter departure enforcement.The Immigration, Refugees, and Citizenship Canada (IRCC) has projected that 7,000 study permits could be revoked this year, impacting more than 4.27 lakh Indian stud

Choosing between a fixed and floating interest rate for a home loan is a crucial financial decision. Both options come with advantages and risks, and selecting the best one depends on your financial goals, market trends, and risk appetite. A fixed rate offers stability, while a floating rate provides flexibility and potential savings. Understanding the differences between these loan types will help you make an informed decision based on your repayment capacity and future market expectations.

The family of Indian student Nilam Shinde, who is in a coma in the US following a tragic accident, has made an urgent appeal to the Indian government for a visa to be by her side.Nilam, 35, a Master of Science student, suffered severe fractures and head injuries after being hit by a four-wheeler in California on February 14. Her family in Satara, Maharashtra, learned about the accident two days later and has been struggling to secure a US visa since February 16. Vis

Personal loans are often marketed as quick and hassle-free financial solutions, but borrowers are frequently caught off guard by hidden charges that increase the total cost of borrowing. While interest rates are clearly disclosed, additional fees, penalties, and deductions can reduce the actual loan amount disbursed and increase monthly EMIs.Lenders often do not fully disclose these fees upfront, making it essential for borrowers to understand all associated charges before finalizing their lo

Vijay Mallya, the fugitive liquor baron, has approached the Karnataka High Court, claiming that banks have recovered the "principal debt amount multiple times over" in the Kingfisher Airlines loan default case. In his petition, Mallya has sought directions from the banks to provide a statement of the recovered amount.Justice R Devdas issued notices to 10 banks, including State Bank of India (SBI) and Punjab National Bank (PNB), a recovery official, and an asset reconstruction compan

Assess Your Financial Needs: Before applying for a personal loan, take time to evaluate how much you truly need. Borrowing more than necessary can stretch your finances, while borrowing too little might leave you short of funds. Carefully analyze your expenses, create a budget, and determine the exact amount required. This ensures you borrow responsibly and avoid o

Delhi Police have apprehended a Class 12 student for his involvement in a series of bomb hoaxes that caused panic across numerous schools in the national capital. According to officials, the minor’s motive was to avoid taking his school exams, and he resorted to sending bomb threat emails to trigger fear and force exam cancellations. The student sent bomb threats to at least six different schools, deliberately excluding his own institution from the list. In one instance, he se

A Chinese court has ruled that Li, a man involved in a complicated breakup, is not required to return a 300,000 Yuan (₹3.2 crore) gift given to him by his ex-girlfriend, Xu. The unusual legal case, which has gained significant attention, centers on the couple's tumultuous relationship. Li and Xu had been in a stable relationship since 2018 until 2020, when Li discovered that Xu had an affair with his nephew. The revelation led to a breakup, but Xu later transferred a large sum of money

Indian students are increasingly looking beyond traditional study destinations like the US and UK to explore new opportunities in countries such as Malta, Singapore, Dubai, Italy, and various European nations. These countries have simplified their visa regulations, and their competitive living and tuition fees, along with diverse academic programmes, are attracting a growing number of students. The ease of access and affordable education options are key factors driving this trend. Many expert

The government of Andhra Pradesh, under the leadership of the NDA camp, is addressing pressing issues left by the previous administration, including the growing loan app culture. These loan apps are increasingly becoming a threat to the public, with many individuals falling victim to their deceptive practices. In a significant statement in the Assembly, Home Minister Anitha spoke out about the severe consequences of loan apps, which initially attract users by offering easy loans wit

In a recent report by the Union Ministry of Statistics, Andhra Pradesh has been highlighted as the state with the highest number of borrowers in India, averaging 60,092 loans per 100,000 individuals during the 2022-23 period. This significant figure places it well ahead of Telangana and Tamil Nadu, which have borrowing rates of 42,407 and 35,703, respectively. The data reveals a slight gender disparity, with men (60,144) slightly outnumbering women (60,043) among those classified as

In a significant boost for aspiring entrepreneurs, the limit for Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been raised from ₹10 lakh to ₹20 lakh. This announcement was made by Finance Minister Nirmala Sitharaman during the Union Budget presentation in July. The enhancement aims to facilitate the growth and expansion of new businesses by providing increased financial support. New Loan Category: Tarun Plus A new category, named 'Tarun Plus&#

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Studying abroad can significantly enhance career prospects, offering students access to world-class education, diverse cultural experiences, and valuable global networks. For those who meticulously plan their academic journey, attending top-ranked universities overseas can lead to exceptional job opportunities. However, the high cost of foreign education can be daunting. Students often turn to scholarships or education loans to fund their studies. In India, various banks provide edu