fixed deposits
Supreme Court Rules Temple Funds Belong to Deity, Cannot Support Struggling Banks
Dec 06, 2025 01:11 am CST
The Supreme Court of India has ruled that temple funds belong exclusively to the deity and cannot be used to aid struggling cooperative banks. Chief Justice Surya Kant emphasized that money collected from devotees must be protected and used only for temple interests while dismissing petitions from Kerala-based cooperative banks challenging directives to return fixed deposits of the Thirunelly Temple Devaswom.
RBI Cuts Repo Rate to 5.25% as Inflation Hits Historic Low: Impact on Loans and Savings
Dec 05, 2025 01:44 pm CST
The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25% amid record-low inflation of 0.25% and a weakening rupee. This article examines how this policy change affects borrowers and savers, the mechanics of repo rate adjustments, and their impact on various loan types including home, auto, and MSME loans.
Pahalgam Attack Link, Fake Arrest Warrants: How 68-Year-Old Lost Rs 26 Lakh
Sep 23, 2025 08:50 pm CST
A senior citizen in Hyderabad was defrauded of Rs 26 lakh after he was tricked into believing that his name has been linked to the April 22 Pahalgam terror attack, in which 26 civilians had been killed.