Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.
The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.
With 288 runs at a strike rate of 225, Nicholas Pooran is the top run-getter in IPL 2025, while Mohammed Siraj has been brilliant in Powerplay overs with 10 wickets in five games.
Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.
Diets rich in sugar, processed foods, and unhealthy fats tend to result in quicker growth and earlier puberty, notes Dr Rohan Palshetkar, head of unit bloom IVF, DY Patil School of Medicine.
Narivetta takes its cue from real-life incidents and fictionalises the ordeal through the experiences of a young cop caught in the crossfire between the police and tribals up in arms, notes Arjun Menon.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
Siraj, named Player of the Match, dismantled RCB's top order with a fiery 3/19, leading GT to a dominant 8-wicket victory at the M. Chinnaswamy Stadium.
Banking credit in the economy grew by 11.1 per cent year-on-year (Y-o-Y) in the fortnight ended March 7, while deposits grew at 10.2 per cent during the same period, which is a gap of around 90 basis points (bps), according to the latest data from the Reserve Bank of India (RBI).
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
Gram Chikitsalay uses the same template as Panchayat but with a fraction of its humour or charm, observes Deepa Gahlot.
Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
Grandmaster Arjun Erigaisi believes the government's recent decision to stop cash rewards for attaining GM and International Master titles is 'not ideal' for the parents of chess players.
In three separate but similarly-worded orders, Sebi said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of the rating agencies.
Be it as a source of fire, secret or endgame, everything is seen through the prism of sex and good looks in The Royals, observes Sukanya Verma.
Born in Paris to Algerian scientist parents and competing with a French licence, the Racing Bulls driver stands out at the top level of the sport for his North African heritage as well as results.
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years
It this era of sensationalism, we should appreciate director Anant Mahadevan for treating Phule with calm and composure and not going overboard, notes Hemant Waje.
Information technology (IT) giant Wipro has a strong pipeline of large artificial intelligence (AI)-led deals in the health care vertical, according to a senior company executive. Health care stands as the third-largest vertical for Wipro, contributing roughly 14 per cent to the company's overall revenue. Moreover, while most other verticals reported negative growth, health care demonstrated robust growth of 9.9 per cent year-on-year and 7.5 per cent quarter-on-quarter in constant currency during the October-December quarter.
Pananjay Tiwari, founder and director of Impel Overseas Education, explains how the new changes can impact Indian students who are applying to US universities and those who are already studying in the US.
Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.
'Mamata needs to address the anger and resentment among various sections of the Hindu community because low-scale communal violence has always paid richer electoral dividends for the BJP.'
Children below the age of 15 years account for about 10 to 12 per cent of India's overall TB burden.
'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'
Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
Recent reports of heart attacks occurring while dancing, driving, or even walking have raised concerns about the condition's unpredictability. Experts emphasize the importance of regular health check-ups to detect underlying heart diseases and prevent sudden cardiac events. Factors contributing to the rise include unhealthy lifestyles, genetic predisposition, and inadequate sleep. The article highlights the need for increased public awareness and stricter implementation of government programs to address the growing trend of heart attacks, particularly among younger individuals.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
'Pakistan's only concern has been while they were on the FATF watch list was to distance their State institutions and organs from any direct connection with the actual execution of militancy inside Kashmir.'
The mortality-to-incidence ratio for India was 64.47 per cent in 2022, the highest while comparing the top 10 countries with the highest number of cancer incidences.
The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.
The FMCG industry in India achieved a 10.6% growth in value terms in the December quarter of 2024, driven largely by rural markets, which have surpassed the large urban markets in growth for the fourth consecutive quarter. Festive demand and consumption-driven growth played a key role, with overall volume up 7.1% despite inflationary pressures. However, the industry also saw a "preference shift of consumers towards smaller packs" due to high food inflation. Local manufacturers continue to outperform larger FMCG companies, fueled by consistent volume growth.
Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.
US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."
IPL franchise Royal Challengers Bengaluru on Thursday named Rajat Patidar as its captain for the upcoming season starting March 21.
A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.