Representative image (AI) LIC Housing Finance has announced a reduction in its home loan interest rates, providing fresh relief to homebuyers. The lender has lowered the starting rate on new home loans to 7.15%.The revised rates are linked to the borrower’s CIBIL score, with customers having a score of 825 or above eligible for the lowest rate on home loan amounts up to Rs 5 crore. LIC Housing...
US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. "In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the...
WASHINGTON: Speaker Kevin McCarthy was voted out of the job in an extraordinary showdown, a first in US history that was forced by a contingent of hard-right conservatives and threw the House and its Republican leadership into chaos. McCarthy's chief rival, Rep. Matt Gaetz of Florida, forced the vote on the "motion to vacate," drawing together more than a handful of conservative Republican critics of...
CHENNAI: Power supply will be suspended in and around Injambakkam, Adyar and Avadi on Wednesday from 9 am to 2 pm for maintenance work, according to Tangedco.Injambakkam: Akkarai Village, Allikulam, Anna Enclave, Bethel Nagar North and South, Copper Beach Road, ECR, Kakkan Street, Kasthurba Nagar, Neelankarai Kuppam, Panaiyur Kuppam, Rajiv Avenue, Thiruvallur Salai, TVS Avenue and VOC Street.Adyar:...
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