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Queenslanders Credit Union have announced a flood relief package for members affected by last week’s floods. Included in the package is an opportunity to defer repayments on home loans, personal loan and car loans for up to three months and a waiver of any late fees for missed repayments. Queenslanders CEO John Weier said the […]

Don’t be surprised if you see a group of youngsters breaking into an impromptu jig at a mall or even at the India Gate. Students of Delhi University have planned flash mob dances and a run as novel ways to protest against corruption. A flashmob is a group of people who assemble in a public […]

The 33% net profit growth of India’s biggest mortgage lender, HDFC, may have exceeded the estimates of various brokerages and the ET Intelligence Group. But shorn of the profit from sale of its investments in IL&FS, a one-off transaction, profits would have grown at a far more modest 21%. Investors, however, could have a few […]

SBI Caps expects to close the much-awaited debt restructuring plan of the loss-laden national carrier Air India later this month or early February. “We are hopeful of closing this exercise by the end of January or early next month. We hope Deloitte will submit its report soon so that we can meet this deadline. We […]

A foreign holiday has been on the cards for the Khanna’s for some time. The Khanna’s are a double-income-single-kid family, and have modest savings and investments. They don’t want to redeem any investment for the holiday and think a loan is a better idea. They have three options: A credit card, personal loan, or an […]