Author: Jordan

Central Registry of Securitisation Asset Reconstruction and Security Interest of India or CERSAI was created to restrain fraudulent activity in lending transactions against equitable mortgages.What is CERSAI?CERSAI also was known as Central Registry of Securitisation Asset Reconstruction and Security Interest of India. CERSAI has been established as a company under section 8 of the Companies Act, 2013 by the Government of India. CERSAI was formed to identify and check fraudulent activity in lending transactions against equitable mortgages. In other words, the CRESAI was established to discourage and prevent the practice of taking out various loans from several banks using the…

Investment firm SilverBlue has signed a collaboration agreement with Nacional Financiera (NAFIN) to establish a corporate financing program that will provide leasing companies with access to capital for productive assets. Under the agreement, NAFIN will serve as the primary funding entity, offering financing ranging from MX$50 million to MX$300 million (US$2.85 million to US$17.16 million).SilverBlue will oversee the financial analysis, transaction structuring, and execution of the financing operations. The program is available to leasing companies serving businesses across the industrial, logistics, manufacturing, energy, infrastructure, healthcare, agribusiness, commerce, and services sectors.The initiative aims to help companies modernize operations by replacing productive assets,…

Investing.com — Investors are reassessing artificial intelligence investments as surging infrastructure spending could weigh on earnings growth and valuation multiples, even as demand for AI services remains robust, according to ING. The long-term outlook for large technology companies remains positive, driven by growing adoption of AI services. Still, rising capital expenditure is expected to increase depreciation costs, slow earnings per share (EPS) growth and reduce the capacity for share buybacks, which have helped support equity valuations. Technology stocks have experienced sharp swings this year. During the first half of 2026, Microsoft (NASDAQ:MSFT) fell 20% and Oracle (NYSE:ORCL) dropped 27%, while…

Private credit sounds fancy, but it really isn’t. Essentially, private credit businesses invest in the equity and debt of non-traded businesses. It’s roughly similar to what happens in the public stock and bond markets, just without the liquidity that public markets offer. That said, there are material risks for investors to consider before making a private credit investment. That’s going to be increasingly important because private credit investments are likely heading to a 401(k) near you. Here’s what to think about before investing in private credit, and a way to profit from the increased availability that doesn’t require you to…

BATU PAHAT, July 10 — Prime Minister Datuk Seri Anwar Ibrahim yesterday dismissed claims that he had purchased a luxury BMW vehicle for his personal use.“People are claiming that Anwar talks about helping the poor but has bought a new BMW. I did not buy it.“It is an old vehicle. Why spread lies?” he said during the ‘Yok! Meriahkan Johor! Undi Harapan’ programme in Senggarang here yesterday, held in conjunction with campaigning for the 16th Johor state election.Anwar also clarified that the Mercedes-Benz vehicle he currently uses was a gift from His Majesty Sultan Ibrahim, King of Malaysia, and had…

McGregor makes his long-awaited return to the octagon in Las Vegas in a second showdown with Max Holloway at welterweight, 13 years after the pair first met at featherweight on the prelim bill of UFC Fight Night: Shogun vs Sonnen – with a young and up-and-coming McGregor winning by decision on just his second UFC outing.Holloway previously beat Poirier in the latter’s retirement fight and saw another featherweight title attempt dismissed by Ilia Topuria. The 34-year-old now steps up to welterweight for the first time in his career.Co-headlining UFC 329 is Liverpool favourite Pimblett, with ‘Paddy the Baddy’ out to…

Soroush Salehian Dardashti, Chief Executive Officer of Aeva Technologies, Inc. (NASDAQ:AEVA), sold 64,821 shares of the company’s common stock on July 8, 2026. The transaction totaled approximately $1,371,897, with shares sold at a price of $21.1644 each. The sale comes as AEVA shares have declined 12.5% over the past week, though the stock remains up 58% year-to-date. With a beta of 2.4, the stock exhibits high volatility relative to the broader market. The sale was made to cover tax withholding obligations upon the vesting and settlement of certain time-based restricted stock unit awards. This was an automatic, non-discretionary transaction by…

West Texas Intermediate falls 0.9% to settle near US$71 a barrel, but still notches a weekly gain of roughly 4%Published Sat, Jul 11, 2026 · 09:23 AMOIL prices slipped as the US and Iran appear set to continue talks following a flare-up in attacks that strained their ceasefire and deterred tanker traffic through the Strait of Hormuz. West Texas Intermediate fell 0.9 per cent to settle near US$71 a barrel, but still notched a weekly gain of roughly 4 per cent. Brent futures also fell to close near US$76 a barrel. The two sides are continuing technical discussions, according to a US…

The Government should look at increasing universal credit for 66-year-olds to prevent financial hardship stemming from the “lottery of life” as the state pension age rises to 67, according to a committee of MPs. The Work and Pensions Committee said it is backing calls for the Government to increase universal credit for 66-year-olds. It said ministers should consult on the change with a view to putting it in place by the end of 2026 as a temporary measure, allowing time to develop longer-term support. There is evidence the longer wait for their state pension will “harm” 66-year-olds who are unable…

Syrian authorities announced Wednesday that they had dismantled several Islamic State (ISIS) cells operating in southern Syria and arrested senior ISIS figure Firas al-Dagher, who officials say held several high-ranking positions within the organization, including serving as the group’s so-called “Governor of Lebanon and Palestine” and later as a personal aide to ISIS’s “Caliph.” For more stories from The Media Line go to themedialine.orgThe operation, carried out jointly by Syria’s Interior Ministry and the General Intelligence Service, marks one of the most significant counterterrorism operations announced by Damascus since the country’s political transition. According to the Interior Ministry, investigations revealed that al-Dagher…