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Amid a worsening national affordable housing and homelessness crisis, President Donald Trumps administration is determined to reshape HUDs expansive role providing stable housing for low-income people, which has been at the heart of its mission for generations. The proposed changes include a two-year limit on the federal governments signature rental assistance programs.
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News and Media
South Indian Bank reported a 9.5% YoY rise in Q1FY26 net profit to Rs 322 crore, aided by a 47% surge in non-core income. Despite nearly doubling provisions, the bank's pre-provision operating profit rose 32% and asset quality improved.
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News and Media
America saw a dip in new jobless claims last week. This hints at steady job growth in July. However, some laid-off workers face long unemployment spells. This is due to slower hiring. Trade policy uncertainty makes companies hesitant. Continuing claims data needs monitoring. It will give a clearer picture of the labor market's health.
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News and Media
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