Understanding the average home loan processing time

home loan process time

To many people, buying a house is the single largest and most significant investment they will ever make. Most individuals use mortgage loans to make this dream come true. However, securing a mortgage takes time to happen. A single inaccuracy might significantly lengthen the procedure. Remember to stay updated on current Home Loan rates to … Read more

Why Elon Musk wants to buy failed Silicon Valley Bank?

Why Elon Musk wants to buy failed Silicon Valley Bank?

Over the weekend, Elon Musk expressed openness to the idea of purchasing and transforming failed Silicon Valley Bank (SVB) into a digital bank. The suggestion came from Min-Liang Tan, co-founder and CEO of Razer, on Twitter. The idea was floated on Twitter by a user suggesting that Twitter, which Musk owns, should make the acquisition. … Read more

List of major clients of Silicon valley bank

List of major clients of Silicon valley bank

The shutdown of SVB Financial Group Inc. and its takeover by banking regulators on Friday can be attributed to the U.S. Federal Reserve raising interest rates and dwindling investor appetite for risk. The development comes as SVB announced a stock sale to shore up its finances, but the plan did not go down well on … Read more

List of major clients of Signature Bank

List of major clients of Signature Bank

Regulatory authorities in the United States closed Signature Bank, based in New York, on Sunday. This is the second financial institution closed after the collapse of Silicon Valley Bank, according to a statement released by the Federal Reserve (Fed). “Today we are taking decisive action to protect the United States economy by strengthening public confidence … Read more

These 10 Indians are major client of Silicon valley bank

These 10 Indians are major client of Silicon valley bank

From Santa Clara in California to Singapore, via London, India and Tel Aviv, the collapse of the Silicon Valley Bank (SVB) continues to create a stir on the financial planet and in the world of “tech”. It only took 44 hours for the favourite bank of San Francisco entrepreneurs, a victim of a “bank run” … Read more

Silicon Valley bank closed, here is how investors can get their money back

Silicon Valley bank closed, here is how investors can get their money back

Silicon Valley Bank (SVB), one of the largest lenders in the United States, has unleashed a wave of panic in the country and sent bank stocks down across the world. The development comes as SVB announced a stock sale to shore up its finances, but the plan did not go down well on Wall Street … Read more

What is MISHTI, to save mangroves, and what do experts say?

Mangrove Initiative for Shoreline Habitats & Tangible Incomes MISHTI scheme explained

On 1st February the Minister of Finance and Corporate Affairs, Nirmala Sitharaman in the union budget 2023-24 speech introduced the MISHTI scheme. It stands for ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes.’ The scheme will be taken up for mangrove plantations along the coastline and on saltpan lands, wherever feasible. This would be done … Read more

Union Budget 2023: Understanding the Electric Vehicle sector in India

support to electric vehicle industry in the budget 2023

                                                                                                                                                                                        An electric vehicle (EV) is a vehicle that employs one or more electric motors for propulsion. It may be run on energy from extravehicular sources using a collector system or run on its own using a battery. The battery would be occasionally charged by solar panels, fuel cells, or a generator to turn fuel into … Read more

Union Budget 2023: GOBARdhan scheme, Explained!

gobardhan scheme in budget 2023

Galvanising Organic Bio-Agro Resources (GOBAR) Dhan was launched in April 2018 by the Union Minister for Drinking Water and Sanitation. The scheme aims to positively impact village cleanliness. In addition, generate wealth and energy from cattle and organic waste. It also aims at creating new rural livelihood opportunities and enhancing income for farmers and other … Read more