MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the…
NEW DELHI: “Wanted the unborn child to be a boy, but when he found out it was a girl, he tried to get an abortion, which his wife opposed. He then planned to kill his wife and took his two daughters with her to a swimming pool, throwing them into the water. We’ve registered a…
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NEW DELHI: Congress leader Shashi Tharoor on Thursday criticised the government for linking women’s reservation with delimitation, saying the law should be implemented immediately instead of being tied to the delimitation process. He also called for a detailed and wider discussion rather than rushing it through in a short time.Speaking to reporters outside the Parliament…
Bank holidays in India can often be confusing, as they vary from region to region depending on the occasion. It is therefore advisable to double-check the holiday schedule before planning a visit to the bank, since branch closures differ across states and regions.In India, bank holidays are a combination of national and state-specific observances, which…
Check out the companies making headlines before the bell: Nike — The sportswear stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares. Dynavax Technologies — The biopharmaceutical stock surged 38% after Sanofi said it will acquire Dynavax in a deal with a total equity…
A lone Bitcoin miner running roughly 6 terahashes per second of hashpower — an amount so small it barely registers on the network — mined a full BTC block on Friday, earning 3.146 BTC plus fees worth nearly $265,000. The feat was confirmed by Solo CK pool creator Con Kolivas, who noted the miner had…
TL;DR: Driving the newsGlobal arms revenues surged to an all-time high of $679 billion in 2024, up 5.9% in real terms, according to the latest SIPRI Top 100 ranking. While Europe and the US drove most of the increase, Asia and Oceania stood out as the only region to post a decline—largely due to a…
NEW DELHI: Days before the Kerala assembly elections, the warning signs for the ruling Left Democratic Front (LDF) were already flashing — and they come from the ground up.The recent local body polls, often seen as a bellwether in the state, delivered a clear message: the Congress-led UDF has gained momentum, while the Left’s decade-long…
Check out the companies making the biggest moves in premarket trading: Nvidia — President Donald Trump said the U.S. will allow the tech giant to ship its H200 artificial intelligence chips to China and elsewhere. The U.S. will get a 25% cut for the sales, which are only allowed for approved customers. Shares gained 1%….
