Loan Transfer vs. Loan Pre-payment: Which Method is More Effective for Reducing Debt

 Eager to reduce your debt faster? Learn the key differences between Loan balance transfer and principal pre-payment.

When considering debt reduction, borrowers frequently evaluate two common options: Loan balance transfers and loan principal pre-payments. Both methods can alleviate your financial strain, yet the appropriate selection is contingent upon your specific situation and the terms of your loan.

Loan Balance Transfer vs Principal Pre-payment: How both options work?

A loan balance transfer is the process of moving your existing loan or credit card debt from one lender to another, usually to take advantage of lower interest rates. Many lenders provide loan balance transfer offers on their credit cards with attractive rates and flexible repayment terms, making it an appealing choice for those burdened by high interest rates.

Over 5,000 typewriting institutes across Tamilnadu to close

More than 4,500 government recognised typewriting institutes and more than 1,000 non registered institutes across Tamil Nadu are on the final stage of closure as the Higher Education Department has decided to scrap the traditional typewriting lower and higher exams.

Accordingly, in near future the typewriting examinations will be conducted through computers.

A senior official from the Directorate of Technical Education (DOTE), seeking clarity, said that the Higher Education Department had already issued an order in which the rules and regulations for the certificate course in Computer on Office Automation (COA) are modified.

It combines the typewriting examination and certificate course in COA as a single certificate course as a prerequisite qualification for getting appoitment to the TN State and Subordinate services. “To meet the challenges, the State government decided to implement a computer-based online exam platform. A suitable software firm will be engaged to develop the online-based exam,” he added.

Since, today's modern age office employees and employers use computer for typing which in turn urges the young IT, Computer science aspirants of the necessity to learn computer based typing.

Is your Gmail hacked? Look what happened in attack of 2025 and Google's response

Gmail users face a phishing scam using verified Google email addresses and faked support pages. The attack bypasses authentication, looks legitimate. Google urges users to enable 2FA and use passkeys.

Google has issued an important warning to all Gmail users. The warning highlights a new phishing campaign that uses legitimate-looking emails to bypass security checks and trick recipients into handing over their account credentials.
Google has acknowledged the threat and the cyber security team working to roll out protections. Still, users are urged to stay vigilant, especially when responding to emails that appear to come from trusted sources like Google itself.

தமிழர் ஆண்டுப்பிறப்பு வரலாறு - கலியாண்டு 5126

History of Tamil New Year- 5126 as per planetary positions and sun solstice.

தமிழ்ப் புத்தாண்டு 5126 ஆம் கலியாண்டில், மேழம்/மேடம் (சித்திரை) மாதம் முதல் நாளில் (14.4.2025) தொடங்குகிறது. கலியாண்டு என்பது தமிழர்களின் தொடராண்டு முறை. பொது ஆண்டுடன் 3101 ஐக் கூட்டினால் கலியாண்டு கிடைக்கும் (3101 + 2025 = 5126). கலியாண்டு என்பது ஞாயிறு ஆண்டு முறையை பின்பற்றி 5000 ஆண்டுகளுக்கு முன்பே பழந்தமிழர்களால் உருவாக்கப்பட்டுள்ளது. 

சங்ககாலப் பெரும்புலவர் நக்கீரன் (கி.மு. 3ஆம் 2ஆம் நூற்றாண்டு) பத்துப்பாட்டில் ஒன்றான நெடுநெல்வாடையில் 

Four months old baby from India (AP state) holds world record

A four months old child has achieved a world record with her remarkable ability on identifying many objects.

Let's look at detailed information:

UGC next action: Followed by HEI now MPHIL is not a recognised degree

The University Grants Commission (UGC) has issued a notice reiterating its advice to students to not take admission in the MPhil programme since it is not recognised by them.

UGC also directed the universities to stop admissions to the MPhil programme for the 2023-24 academic year. It has raised a doubt on the validity of old MPHIL degree holders. UGC yet to clarify the same in the due course.

“It has come to the notice of the UGC that a few universities are inviting fresh applications for MPhil (Master of Philosophy) programme. In this regard, it is to bring to the notice that the MPhil degree is not a recognised degree. The Regulation No 14 of the UGC (Minimum Standards and Procedures for Award of PhD Degree) Regulations 2022 clearly states that higher educational institutions shall not offer the MPhil programme,” read the notice.

The university authorities, therefore, are requested to take immediate steps to stop admissions to the MPhil programme for the 2023-24 academic year. Further, students are advised not to take admission in the MPhil programme,” the notice said.

Earlier, the UGC mandated that no foreign higher educational institution (HEI) will offer any programme in India without the prior approval of the commission.

The regulations also mandate that the HEls shall not offer programmes under any franchise arrangement and that such programmes shall not be recognised by the UGC. This includes twinning programmes, joint degree, and dual degree programmes.

“The University Grants Commission has observed and has been informed that many HEls/colleges have entered into collaborative agreements/arrangements with foreign-based educational institutions/providers not recognised by the Commission and have been facilitating the issuance of degrees to the students enrolled in those institutions/college from such foreign-based educational,” the notice read.

Does UGC Shuts door for Foreign Universities from offering courses under franchise arrangement?

University Grant Commission (UGC) of India has mandated that no foreign higher educational institution (HEI) will offer any programme in India without the prior approval of the commission.

The regulations also mandate that the HEls shall not offer programmes under any franchise arrangement and that such programmes shall not be recognised by the UGC. This includes Twinning Programmes, Joint Degree, and Dual Degree Programmes.


“University Grants Commission has observed and has been informed that many HEls and colleges have entered into collaborative agreements/arrangements with foreign-based educational institutions not recognized by the Commission and have been facilitating the issuance of degrees to the students enrolled in those institutions/college from such foreign-based educational,” the notice by UGC read.

Any such kind of collaboration/ arrangement is not recognized by the University Grants Commission and accordingly the degrees issued subsequent to such collaboration arrangement are also not recognized by the Commission,” it added.

UGC also noted that edtech companies that are giving advertisements for offering degree and diploma programmes in online modes in association with some foreign universities/institutions, are not permissible under the franchise agreement and any such programme or degree will not have UGC recognition.

“Action will also be taken against all the defaulting EdTech companies as well as the HEls under applicable laws/rules/regulations. Therefore, Students/general public are advised to exercise due caution and are made aware that such courses/degrees/diplomas do not have UGC recognition and that they would be doing at their own risk and consequences,” the notice said.

Further updates upon the decisions/actions will be added here.