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Saudi bank credit records annual growth of over SR443 billion by end of April 2025
Saudi bank credit records annual growth of over SR443 billion by end of April 2025

Saudi Gazette

time17 hours ago

  • Business
  • Saudi Gazette

Saudi bank credit records annual growth of over SR443 billion by end of April 2025

Saudi Gazette report RIYADH — Bank credit granted to the public and private sectors in Saudi Arabia reached SR3,126,381 million (over SR3.126 trillion) by the end of April 2025, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for April. This marks an annual growth of 16.5 percent and an increase of more than SR443.018 billion compared to the same period in 2024, when bank credit stood at SR2.683 trillion. Quarterly, bank credit continued to rise at all levels, recording a growth of five percent compared to the fourth quarter of 2024, increasing by SR146.411 billion. By the end of the first quarter of 2025, bank credit had grown from over SR2.955 trillion to over SR3.101 trillion. On a monthly basis, bank credit recorded a growth of 0.8 percent, rising by SR24.420 billion, compared to March 2025, when it stood at SR3,101,961 million. Bank credit granted to the public and private sectors was distributed across more than 17 diverse economic activities, serving as a key driver in achieving comprehensive and sustainable economic growth and contributing to the goals of Saudi Vision 2030. According to SAMA data, long-term credit (for over three years) accounted for 49 percent of total bank credit, valued at over SR1.524 trillion. Short-term credit (less than one year) represented 36 percent, amounting to over SR1.135 trillion. Medium-term credit (from one to three years) comprised about 15 percent, totaling SR465.937 billion.

Owners of vacant plots in the city to be served demand notices for vacant land tax
Owners of vacant plots in the city to be served demand notices for vacant land tax

The Hindu

time2 days ago

  • Business
  • The Hindu

Owners of vacant plots in the city to be served demand notices for vacant land tax

Registration of vacant plots within the Greater Hyderabad is going to be more expensive than its market price. The cash-strapped Greater Hyderabad Municipal Corporation is gearing up with the demand notices to be served to the vacant plot owners in the city, in the name of the Vacant Land Tax (VLT). Ignored so far despite having a sanction through the GHMC Act, 1955, the VLT has a high potential to generate revenue for the corporation, if levied on all the vacant plots. The GHMC is, however, looking at only new registrations as of now. According to the Act, any vacant land is taxable at 0.5% of its registered market value annually as fixed and revised by the government from time to time. The tax is levied by the urban civic authorities with the aim of discouraging speculative value attached to the land, and to encourage development of the same. However, the VLT has thus far been not enforced strictly by the civic authorities. The amendments to the GHMC Act in 2020, which made the sub-registrar responsible to generate Property Tax Identification Number at the time of registration or transfer of property, also made the official responsible for generating the Vacant Land Tax Number at the time of registration or transfer of vacant land property. After initial hiccups, the amendments were finally put to implementation from 2022, leading to generation of PTINs and VLTNs from the registration offices. While the initial tax was deducted and transferred by the Registrations department, the subsequent tax was to be paid by the assessees, which is not being paid. Since 2022, more than 50,000 vacant registrations have been effected within the city, from which an annual vacant land tax of close to ₹120 crore accrues to the GHMC. The arrears accumulating since 2022 on these lands stands at ₹220 crore, taking the total revenue aimed to ₹340 crore. An official under the condition of anonymity shared that SMS blasts are being sent to all the vacant land owners asking them to pay the tax. In the financial year 2024-25, the collections stood at close to ₹7 crore from 2029 assessees, while in the current year, so far, ₹1 crore has been collected from 381 assessees.

MLB Power Rankings: Tigers remain on top, Pete Alonso powers Mets
MLB Power Rankings: Tigers remain on top, Pete Alonso powers Mets

Yahoo

time09-06-2025

  • Sport
  • Yahoo

MLB Power Rankings: Tigers remain on top, Pete Alonso powers Mets

Featured in this week's MLB Power Rankings, Pete Alonso climbs the Mets' all-time leaderboard, the Phillies' slide continues, Jazz Chisholm Jr. and Christian Encarnacion-Strand are red-hot since coming off the IL, the Rays and Blue Jays are rolling, hope is fading for the Braves, and much more. Let's get started! Advertisement (Please note these power rankings are a combination of current performance and long-term projected outlook) MLB: Spring Training-Chicago White Sox at San Diego Padres Fantasy Baseball Waiver Wire: Nick Kurtz is back, Kyle Teel is here Eric Samulski breaks down some of the top waiver wire adds for the upcoming week of fantasy baseball. Note: Rankings are from the morning of Monday, June 9. 1) Detroit Tigers Last week: 1 Everything is coming up Tigers right now. Nothing signifies this more than this catch by Zach McKinstry, which left him in a state of disbelief. 2) New York Mets ⬆️ Last week: 3 Fresh off a sweep of the lowly Rockies, the Mets have won 12 out of their last 15 games. Pete Alonso has drive in 18 runs in eight games this month and crushed two homers on Sunday to pass David Wright for second on the Mets' all-time home run list. He's just nine away from catching Darryl Strawberry (252) for the No. 1 spot. 3) Chicago Cubs ⬇️ Last week: 2 Advertisement In a possible World Series preview, the Cubs dropped two out of three to the Tigers over the weekend. It was their first series loss in a month. 4) New York Yankees ⬆️ Last week: 6 With his new '70 percent' mindset, Jazz Chisholm Jr. is hitting .381 (8-for-21) with two homers since coming off the injured list. Maybe just stay away from the in-game interviews. 5) Los Angeles Dodgers ⬇️ Last week: 4 It's pretty much history watch every time Clayton Kershaw gets on the mound. The southpaw played the role of stopper on Sunday five innings of one-run ball against the Cardinals and is now just 17 strikeouts away from joining the 3,000 K club. 6) San Diego Padres ⬆️ Last week: 7 Advertisement All eyes are on the Padres and Dodgers to start the week, as the divisional foes will meet for the first time this season. The Padres are just one game behind the Dodgers for first place in the NL West. This week's three-game set will take place in San Diego and they'll meet again next week in Los Angeles for a four-game series. 7) San Francisco Giants ⬆️ Last week: 8 The Giants will carry a five-game winning streak into the week; all of the victories came by the margin of just one run. They have a chance to stay hot as they square off against the Rockies in Coors Field for three games. 8) Philadelphia Phillies ⬇️ Last week: 5 Advertisement A stunning fall for the Phillies, who have lost nine out of their last 10 games. Bryce Harper hit the injured list on Saturday as he deals with a recurrence of a right wrist injury from last year. Not great. 9) Houston Astros ⬆️ Last week: 11 Jeremy Pena is quietly enjoying the best season of his career. Even with an 0-fer on Sunday to snap his 12-game hitting streak, he's batting .361 with a .975 OPS over his last 30 games. The Astros have gone 19-11 in that time to climb into first place in the AL West. 10) St. Louis Cardinals ⬇️ Last week: 9 After a bit of a stumble, the Cardinals took two out of three from the Dodgers over the weekend. Sonny Gray got the win on Friday and now owns a 13 1/3-inning scoreless streak. 11) Tampa Bay Rays ⬆️ Last week: 18 Advertisement What a turnaround by the Rays, who are 14-4 over their last 18 games. With the exception of Saturday's slugfest against the Marlins, they haven't allowed more than four runs since May 18. 12) Toronto Blue Jays ⬆️ Last week: 15 The Rays aren't the only red-hot team in the AL East, as the Blue Jays have won nine out of their last 11 games. Only the Dodgers, Mets, and the aforementioned Rays have scored more runs over the past two weeks. 13) Minnesota Twins ⬆️ Last week: 14 Big blow to the Twins over the past week, as right-hander Pablo Lopez suffered a Grade 2 teres major muscle strain and is expected to miss 8-to-12 weeks. 14) Milwaukee Brewers ⬇️ Last week: 13 Advertisement The wait continues for Brandon Woodruff, who was hit in the elbow by a 108.2 mph comebacker last Tuesday in what was supposed to be his final minor league rehab start. Fortunately, X-rays came back negative, but he'll need some downtime before starting a new rehab assignment. 15) Cleveland Guardians ⬇️ Last week: 12 The key question for the Guardians is if they can get any semblance of consistent offense from someone outside of José Ramírez and Steven Kwan. Ramírez is currently riding a career-best 34-game on-base streak. 16) Seattle Mariners ⬇️ Last week: 10 George Kirby did what aces are supposed to do, stopping a five-game losing streak on Sunday while notching a career-high 14 strikeouts against the Angels. 17) Kansas City Royals ⬇️ Last week: 16 Advertisement Any time you can get in the same sentence with Bo Jackson is usually a good thing. 18) Cincinnati Reds ⬆️ Last week: 22 Christian Encarnacion-Strand has provided quite the jolt since coming off the injured list, as he homered in all three games during the Reds' weekend sweep over the Diamondbacks. 19) Boston Red Sox ⬆️ Last week: 20 Hey Red Sox? It's time. 20) Texas Rangers ⬆️ Last week: 21 The Rangers' offense has been a massive disappointment this season, but Marcus Semien is finally waking up. The 34-year-old is hitting .517 (15-for-29) with three homers, three doubles and nine RBI over his last nine games. 21) Arizona Diamondbacks ⬇️ Last week: 19 Advertisement With Corbin Burnes needing Tommy John surgery, it's increasingly clear that this isn't going to be the Diamondbacks' year. It will be interesting to see which players end up going on the trade block in the coming weeks. Zac Gallen? Merrill Kelly? Eugenio Suarez? 22) Los Angeles Angels ⬆️ Last week: 24 As someone who is constantly fielding snack requests from my two young children, it's nice to know that it never truly ends. Kudos to Eric Young Sr. as Father's Day approaches this Sunday. 23) Washington Nationals Last week: 23 As James Wood develops into a star, we're also seeing MacKenzie Gore become one of the game's best left-handed starters. Also acquired in the Juan Soto blockbuster with the Padres, Gore holds a 2.87 ERA through 13 starts and currently leads the NL with 108 strikeouts. 24) Atlanta Braves ⬇️ Last week: 17 Advertisement As the kids say, the Braves are crashing out. A seven-game losing streak, including a sweep at the hands of the Giants over the weekend. Spencer Strider is showing diminished stuff with a 5.85 ERA in four starts since coming off the IL last month. 25) Baltimore Orioles ⬆️ Last week: 27 Some recent momentum for the Orioles, who won six straight before dropping two out of three to the lowly Athletics over the weekend. 26) Pittsburgh Pirates ⬆️ Last week: 28 Paul Skenes has one win in his last seven starts despite posting a 1.12 ERA (six ER with a 51/12 K/BB ratio in 48 1/3 innings) during that time. 27) Athletics ⬇️ Last week: 25 Advertisement The A's aren't winning many games these days, but Jacob Wilson can't be stopped. He's hitting .461 over his last 19 games and has amassed at least two hits in five straight games. Also, I'd be remiss to leave out the best catch of the past week. 28) Miami Marlins ⬇️ Last week: 26 The Marlins have lost six out of seven (including a humiliating sweep by the Rockies), but the good news is that stud right-hander Eury Perez is set to make his return from Tommy John surgery on Monday. 29) White Sox Last week: 29 A former top prospect for the Dodgers, Miguel Vargas is beginning to realize his potential. After getting off to a slow start, he's hitting .289 with nine home runs and a .900 OPS over his last 41 games. 30) Colorado Rockies Last week: 30 A rollercoaster week for the Rockies, who managed to pull off a three-game sweep of the Marlins on the road before being swept by the Mets at Coors Field over the weekend.

MLB Power Rankings: Tigers remain on top, Pete Alonso powers Mets
MLB Power Rankings: Tigers remain on top, Pete Alonso powers Mets

NBC Sports

time09-06-2025

  • Sport
  • NBC Sports

MLB Power Rankings: Tigers remain on top, Pete Alonso powers Mets

Featured in this week's MLB Power Rankings, Pete Alonso climbs the Mets' all-time leaderboard, the Phillies' slide continues, Jazz Chisholm Jr. and Christian Encarnacion-Strand are red-hot since coming off the IL, the Rays and Blue Jays are rolling, hope is fading for the Braves, and much more. Let's get started! (Please note these power rankings are a combination of current performance and long-term projected outlook) Eric Samulski, Note: Rankings are from the morning of Monday, June 9. Last week: 1 Everything is coming up Tigers right now. Nothing signifies this more than this catch by Zach McKinstry, which left him in a state of disbelief. HOW DID THEY DO THAT?! Last week: 3 Fresh off a sweep of the lowly Rockies, the Mets have won 12 out of their last 15 games. Pete Alonso has drive in 18 runs in eight games this month and crushed two homers on Sunday to pass David Wright for second on the Mets' all-time home run list. He's just nine away from catching Darryl Strawberry (252) for the No. 1 spot. The Polar Bear strikes again! Pete Alonso passes David Wright for 2nd place on the @Mets all time home run list! Last week: 2 In a possible World Series preview, the Cubs dropped two out of three to the Tigers over the weekend. It was their first series loss in a month. Last week: 6 With his new '70 percent' mindset, Jazz Chisholm Jr. is hitting .381 (8-for-21) with two homers since coming off the injured list. Maybe just stay away from the in-game interviews. "DAMMIT" Last week: 4 It's pretty much history watch every time Clayton Kershaw gets on the mound. The southpaw played the role of stopper on Sunday five innings of one-run ball against the Cardinals and is now just 17 strikeouts away from joining the 3,000 K club. Last week: 7 All eyes are on the Padres and Dodgers to start the week, as the divisional foes will meet for the first time this season. The Padres are just one game behind the Dodgers for first place in the NL West. This week's three-game set will take place in San Diego and they'll meet again next week in Los Angeles for a four-game series. Last week: 8 The Giants will carry a five-game winning streak into the week; all of the victories came by the margin of just one run. They have a chance to stay hot as they square off against the Rockies in Coors Field for three games. Last week: 5 A stunning fall for the Phillies, who have lost nine out of their last 10 games. Bryce Harper hit the injured list on Saturday as he deals with a recurrence of a right wrist injury from last year. Not great. Last week: 11 Jeremy Pena is quietly enjoying the best season of his career. Even with an 0-fer on Sunday to snap his 12-game hitting streak, he's batting .361 with a .975 OPS over his last 30 games. The Astros have gone 19-11 in that time to climb into first place in the AL West. Last week: 9 After a bit of a stumble, the Cardinals took two out of three from the Dodgers over the weekend. Sonny Gray got the win on Friday and now owns a 13 1/3-inning scoreless streak. Last week: 18 What a turnaround by the Rays, who are 14-4 over their last 18 games. With the exception of Saturday's slugfest against the Marlins, they haven't allowed more than four runs since May 18. Last week: 15 The Rays aren't the only red-hot team in the AL East, as the Blue Jays have won nine out of their last 11 games. Only the Dodgers, Mets, and the aforementioned Rays have scored more runs over the past two weeks. Last week: 14 Big blow to the Twins over the past week, as right-hander Pablo Lopez suffered a Grade 2 teres major muscle strain and is expected to miss 8-to-12 weeks. Last week: 13 The wait continues for Brandon Woodruff, who was hit in the elbow by a 108.2 mph comebacker last Tuesday in what was supposed to be his final minor league rehab start. Fortunately, X-rays came back negative, but he'll need some downtime before starting a new rehab assignment. Last week: 12 The key question for the Guardians is if they can get any semblance of consistent offense from someone outside of José Ramírez and Steven Kwan. Ramírez is currently riding a career-best 34-game on-base streak. Last week: 10 George Kirby did what aces are supposed to do, stopping a five-game losing streak on Sunday while notching a career-high 14 strikeouts against the Angels. Last week: 16 Any time you can get in the same sentence with Bo Jackson is usually a good thing. .@Royals with a four-hit contest within their first six MLB games: Bo Jackson, Sept. 11, 1986 Jac Caglianone, today Last week: 22 Christian Encarnacion-Strand has provided quite the jolt since coming off the injured list, as he homered in all three games during the Reds' weekend sweep over the Diamondbacks. Last week: 20 Hey Red Sox? It's time. 497-FOOT GRAND SLAM FOR ROMAN ANTHONY ‼️@RedSox | @WooSox | @RedSoxPlayerDev Last week: 21 The Rangers' offense has been a massive disappointment this season, but Marcus Semien is finally waking up. The 34-year-old is hitting .517 (15-for-29) with three homers, three doubles and nine RBI over his last nine games. Last week: 19 With Corbin Burnes needing Tommy John surgery, it's increasingly clear that this isn't going to be the Diamondbacks' year. It will be interesting to see which players end up going on the trade block in the coming weeks. Zac Gallen? Merrill Kelly? Eugenio Suarez? Last week: 24 As someone who is constantly fielding snack requests from my two young children, it's nice to know that it never truly ends. Kudos to Eric Young Sr. as Father's Day approaches this Sunday. Gotta have snacks at the ballpark 🏟️@Angels third base coach, Eric Young Sr., left snacks out for his son, @Mariners first base coach Eric Young Jr. 🙂 Last week: 23 As James Wood develops into a star, we're also seeing MacKenzie Gore become one of the game's best left-handed starters. Also acquired in the Juan Soto blockbuster with the Padres, Gore holds a 2.87 ERA through 13 starts and currently leads the NL with 108 strikeouts. Last week: 17 As the kids say, the Braves are crashing out. A seven-game losing streak, including a sweep at the hands of the Giants over the weekend. Spencer Strider is showing diminished stuff with a 5.85 ERA in four starts since coming off the IL last month. Last week: 27 Some recent momentum for the Orioles, who won six straight before dropping two out of three to the lowly Athletics over the weekend. Last week: 28 Paul Skenes has one win in his last seven starts despite posting a 1.12 ERA (six ER with a 51/12 K/BB ratio in 48 1/3 innings) during that time. Last week: 25 The A's aren't winning many games these days, but Jacob Wilson can't be stopped. He's hitting .461 over his last 19 games and has amassed at least two hits in five straight games. Also, I'd be remiss to leave out the best catch of the past week. DENZEL CLARKE FULL SPEED UNBELIEVABLE CATCH 🤯 Last week: 26 The Marlins have lost six out of seven (including a humiliating sweep by the Rockies), but the good news is that stud right-hander Eury Perez is set to make his return from Tommy John surgery on Monday. Last week: 29 A former top prospect for the Dodgers, Miguel Vargas is beginning to realize his potential. After getting off to a slow start, he's hitting .289 with nine home runs and a .900 OPS over his last 41 games. Last week: 30 A rollercoaster week for the Rockies, who managed to pull off a three-game sweep of the Marlins on the road before being swept by the Mets at Coors Field over the weekend.

Karnataka logs 36 new COVID-19 cases in a day, active case count now at 100 amid fresh precautions
Karnataka logs 36 new COVID-19 cases in a day, active case count now at 100 amid fresh precautions

Time of India

time27-05-2025

  • Health
  • Time of India

Karnataka logs 36 new COVID-19 cases in a day, active case count now at 100 amid fresh precautions

Karnataka recorded 36 new COVID-19 cases on Tuesday, taking the state's total number of active cases to 100. According to a bulletin released by the health department, the positivity rate over the past 24 hours stood at 9.44 per cent. A total of 381 COVID-19 tests were carried out across the state in the same period. Out of these, 361 were RTPCR tests. Earlier in the day, Karnataka's Medical Education Minister Sharan Prakash Patil shared that doctors and health workers have been advised to wear masks as a precaution. He also asked people not to panic, saying the state government has taken all necessary steps to control the situation. Live Events Inputs from PTI

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