Delhi couple repaid Rs 1.41 crore home loan, but the bank lost their original sale deed property papers; consumer commission orders Rs 15 lakh compensation plus Rs 50,000 costs

After the bank failed to return their original property papers, the couple approached the Banking Ombudsman. (Image for representative purpose only) You take a home loan and you repay it in full, but the bank loses the property papers. What do you do and what are your rights?A Delhi-based couple faced precisely this situation. After…

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‘No such commitment’: Finance ministry denies agreeing to 5-day bank week ahead of strike, says report

The proposed five-day work week would increase working hours from Monday to Friday by 40 minutes to compensate for the additional day off. The Finance Ministry has reportedly dismissed claims that it had agreed to the implementation of a five-day work week for banks, saying there was no such commitment from the ministry.The clarification comes…

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Builder promised to pay stamp duty on Rs 1.6 crore plot, later called it a typo; MahaRERA orders him to pay charges plus interest for delayed possession to buyer

The builder claimed that the reference to it paying the stamp duty had been included by mistake. (Image for representative purpose only) You sign an allotment letter for a property which indicates that the stamp duty and registration costs will be borne by the builder. But, at the time of the sale agreement he backtracks….

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In 1888, George Vanderbilt began building a vast North Carolina estate; 26 years later, his widow sold 86,700 acres for $433,500, helping create the core of Pisgah National Forest in 1916

A major property deal that began more than a century ago with a grieving widow turned a huge private wilderness in North Carolina into one of the most important public conservation achievements in American history. In May 1914, Edith Vanderbilt agreed to sell 86,700 acres of valuable mountain forest from the private Biltmore Estate to…

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In 2000, California packed 662,700 shredded waste tires beneath an I-880 on-ramp; they cut foundation stress 40%, saved $477,000, and CalRecycle later reported 22 years without repairs or issues

Engineers working to upgrade a busy highway junction near San Francisco in 2000 faced a serious technical problem. The ground was made up of about 30 feet of unstable bay mud, a soft type of soil that could sink or crack under the weight of normal road-building materials. To solve the problem, project planners used…

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India draws record $94.5 billion FDI in FY26; total inflow crosses $843 billion

India draws record $94.5 billion FDI in FY26 India’s investment and manufacturing push has clocked record gains, with Foreign Direct Investment (FDI) reaching a record $94.53 billion in 2025-26, commerce and industry minister Piyush Goyal said on Friday.The latest annual inflow has taken India’s cumulative FDI receipts between 2014 and 2026 to $843 billion, Goyal…

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In 2016, a Florida businessman began buying four Siesta Key beach lots; a decade and multiple lawsuits later, a county land swap will make them public and let him build a 5,000-sq-ft home on another parcel

Holderness sued Sarasota County over public access to his private beach near Beach Access 3. (Photos: Suncoast searchlight) In 2016, Florida businessman Michael Holderness began buying four beachfront lots on Siesta Key. A decade and several lawsuits later, those four lots are set to become public beach property under a settlement with Sarasota County, while…

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CEA flags 3 ‘near term’ headwinds for Indian economy: US ties, energy prices & absence of AI play

Chief economic adviser V Anantha Nageswaran has flagged three near term headwinds for India’s growth story: unsettled relations with the US, volatile energy prices and the absence of an artificial intelligence (AI) play in the country, weighing down the country’s economic momentum.Earlier, speaking at the State Bank of India’s Banking and Economics Conclave in Mumbai…

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