Rick Perry-Led Company Seeks DOE Loan: Fermi America, a company founded by former U.S. Energy Secretary Rick Perry, is positioning itself at the forefront of the artificial intelligence (AI) infrastructure boom by planning one of the largest energy and data center complexes in the nation. The company recently filed for an initial public offering (IPO) … Read more
New Jersey Teachers Get Student Loans: New Jersey teachers are receiving major financial relief through the New Jersey Teacher Loan Redemption Program, a targeted initiative designed to tackle ongoing teacher shortages across the state. So far, nearly 170 public school teachers have had their student loans partially or fully paid off through this program, according … Read more
India’s Consumption Loans: India’s consumption loan market witnessed a sharp rise in the first quarter of FY26, with total outstanding loans climbing 14.5% year-on-year to ₹105.6 trillion. The growth was primarily led by gold loans, which recorded an exceptional surge, while segments such as personal loans and credit card originations slowed down, according to the … Read more
Bank of Baroda Classifies RCom Loan: In a significant development in the Reliance Communications (RCom) saga, Bank of Baroda (BoB) has classified the loan account of the insolvent telecom company as fraudulent, citing alleged misutilisation of loans extended over a decade ago. The move follows similar actions by State Bank of India (SBI) and Bank … Read more
San Miguel’s $1.5 Billion Loan: San Miguel Corporation (SMC), the Philippines’ largest and most diversified conglomerate, is making headlines once again as it pursues a $1.5 billion syndicated loan, the largest offshore loan deal to emerge from the country in 2025. Known for its vast portfolio spanning power, infrastructure, food and beverages, and ports, San … Read more