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.
Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).
Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.
Lashkar-e-Taiba terrorist Razaullah Nizamani Khalid alias Abu Saifullah Khalid, who was the brain behind the 2006 attack on the Rashtriya Swayamsevak Sangh headquarters, was killed by three unidentified gunmen in Sindh province of Pakistan on Sunday, officials in New Delhi said.
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
The Financial Times recently announced the global MBA rankings for the year 2025.
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'
Deven Bharti, a veteran IPS officer with experience in high-profile cases including the 26/11 Mumbai terror attacks, has assumed charge as the new commissioner of Mumbai police. He emphasized the importance of effective policing, citizen engagement, and combating cybercrime as key priorities for his tenure. Bharti, known for his investigative skills, previously served in various roles within the Mumbai Police and Maharashtra Anti-Terrorism Squad.
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.
Leader of Opposition in the Lok Sabha Rahul Gandhi has written to Prime Minister Narendra Modi flagging the 'deplorable' conditions in residential hostels for Dalit, ST, EBC, OBC and minority students and the delay in post-matric scholarships for those from marginalised communities.
Fraudsters read your mind, weave convincing stories, earn your trust and then vanish with people's savings. Ramalingam Kalirajan reveals five simple tricks that cons use to steal money from you.
"China is an absolutely impossible factor to ignore in what has been our confrontation with Pakistan," Tharoor said.
As the Jaggi brothers - Anmol Singh Jaggi and Puneet Singh Jaggi - find themselves at the heart of the financial mismanagement in the Gensol-BluSmart saga, attention on the third BluSmart co-founder, Punit K Goyal, has taken a notably different turn.
An Ayurveda practitioner-turned-criminal, 67-year-old Devender Sharma was convicted in multiple murder cases and was notorious for dumping his victims' bodies in the crocodile-infested waters of Hazara Canal at Kasganj in Uttar Pradesh.
More than one million cybersecurity incidents were flagged within 10 days.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Pakistan claims it was a mosque and an educational complex that were hit in the strikes at Muridke, located at about 40 km from Lahore.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.
'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'
Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.
In a world where financial literacy is often overlooked, Soha Ali Khan shares the financial wisdom her parents taught her.
Police said they have made five arrests in the incident. Those arrested have been identified as Prabhjit Singh, the main accused, Kulbir Singh, Sahib Singh, Gurjant Singh and Ninder Kaur, they said.
The United Nations Security Council (UNSC) has strongly condemned the terrorist attack in Jammu and Kashmir, urging that those responsible be held accountable and brought to justice. The Council issued a press statement expressing its deepest sympathy to the victims' families and calling for all states to cooperate in combating terrorism. UN Secretary-General Antonio Guterres also expressed concern about the situation, urging India and Pakistan to exercise restraint.
Dr Pananjay Tiwari, founder and director of Impel Overseas Education, highlights what international students should keep in mind in order to be safe in a new country and avoid being deported.
India on Friday called on the International Monetary Fund (IMF) to reconsider its $1 billion assistance to Pakistan, suggesting that Islamabad could use it for terror funding.
The department of homeland security withdrew Harvard certification under the Student and Exchange Visitor Programme, effectively barring the university from admitting new foreign students and threatened the legal status of current international enrollees.
In a strong retaliation to the Pahalgam massacre, India's armed forces early Wednesday destroyed nine terror sites including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long 'measured and non-escalatory' mission.
Barely out of their teens, the first batch of girls will graduate alongside 300 male cadets from the National Defence Academy.
The Trump administration's decision follows Harvard University President Alan M Garber's statement that the school would not follow the administration's demands despite the possibility of the Ivy League school losing federal funding.
Eighteen people were killed and five others injured after a firecracker warehouse exploded and collapsed in Gujarat's Banaskantha district on Tuesday. The incident occurred in an industrial area near Deesa town around 9:45 a.m., killing workers from Madhya Pradesh and their family members. The warehouse was used to store firecrackers, but there is no evidence that firecrackers were being manufactured there. The Gujarat government has announced financial assistance for the victims' families.
Fitch Ratings on Thursday cut India's GDP growth estimate by 10 basis points to 6.4 per cent for the current fiscal, but retained the projections for the next financial year, on concerns over a 'severe' escalation in global trade war. "It is hard to predict US trade policy with any confidence. Massive policy uncertainty is hurting business investment prospects, equity price falls are reducing household wealth, and US exporters will be hit by retaliation," Fitch said in its special update to quarterly Global Economic Outlook (GEO).
'We need to raise the costs and consequences for Pakistan. It is long overdue. Our initial surgical strike was effective for about six months. Then, the Balakot strike provided a deterrent for perhaps two to three years. But we cannot operate under the assumption that such limited responses will suffice for decades to come.'
