In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier this week. Admitting a petition filed by ZEEL Managing Director and chief executive Punit Goenka, the appellate tribunal issued notices to private sector lender IndusInd bank and the interim resolution professional directing them to file a reply in two weeks. NCLAT said the submissions made by both sides need a detailed hearing.
Our caste warriors will not even ask these questions, let alone explore better solutions to address the problems of inequality and skewed life outcomes, argues R Jagannathan.
Auditor Deloitte flagged three transactions, including recoveries from a contractor identified in the Hindenburg report, as it issued a qualified opinion on the accounts of Adani Ports & Special Economic Zone.
A section of members from the National Cricket Club (NCC), one of the affiliated voting units of the Board of Control for Cricket in India (BCCI), questioned as to how late Jagmohan Dalmiya's son Avishek represented the club at the Special General Meeting of the BCCI on Saturday.
'Upper castes who complain against reservations are fighting only for their own castes.'
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background.
A court in Varanasi on Friday directed the Archaeological Survey of India to conduct a "detailed scientific survey" -- including excavations, wherever necessary -- to determine if the Gyanvapi mosque located next to the Kashi Vishwanath temple is built upon a temple.
The exchange was made in accordance with Article-II of the Agreement on Prohibition of Attacks against Nuclear Installations and Facilities between Pakistan and India, signed on December 31, 1988, the Foreign Office (FO) said in a statement in Islamabad.
The Delhi high court on Friday refused to interfere with the arrest and subsequent police remand of NewsClick founder Prabir Purkayastha and portal's human resources department head Amit Chakravarty in a case lodged under anti-terror law Unlawful Activities (Prevention) Act.
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