Onity Group returns to profit in Q3 2026 on servicing gains

By Saikat Das and Divya Patil   India’s top state-run infrastructure financier has sanctioned loans upwards of ₹3,000 crore ($313 million) each to at least four data centres, reflecting the nation’s push to participate in the artificial intelligence buildout.   The facilities from the National Bank for Financing Infrastructure and Development, or Nabfid, have a moratorium…

For generations, parents in Britain could reasonably expect their children to become better off than they were. That assumption can no longer be taken for granted. Recent analysis highlighted by Sunday Times economics editor David Smith makes uncomfortable reading. Real gross domestic product (GDP) per head has risen by just 8% over the past…

Equitas Small Finance Bank (SFB) Managing Director and Chief Executive Officer P N Vasudevan resigned on Thursday, barely three months after his tenure was extended by the board until July 2029, citing persistent investor concerns over a perceived conflict of interest arising from his daughter’s association with a non-banking financial company (NBFC).  Following the announcement,…

AM Rally Ultimately Sticks With Help From Oil 1 Hour, 39 Min ago AM Rally Ultimately Sticks With Help From Oil To be clear, most of today’s rally is attributable to the news on the Treasury buyback program discussed in the morning commentary. Today’s consumer rate commentary also has a useful set…

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After SpaceX restricted use of its Starlink and Starshield satellite internet services in Ukraine, causing fast-moving drones to disconnect and drop out of the sky, Kyiv is looking for alternatives. Ukraine’s Ministry of Defense said on Thursday that it has signed a letter of intent to develop new defense and satellite communication capabilities in partnership…