ED files PMLA case against ex-drug controller for graft
ED files prosecution against ex-deputy drug controller Kapil Dhiman for taking bribes for drug licences & amassing disproportionate assets worth Rs 2.07 crore. Read the full details.
ED files prosecution against ex-deputy drug controller Kapil Dhiman for taking bribes for drug licences & amassing disproportionate assets worth Rs 2.07 crore. Read the full details.
Asian Development Bank pledges $4.258 billion for India's 2025 projects in skilling, renewable energy, urban infra, and healthcare. Details on PM-SETU, Surya Ghar, and metro expansions inside.
MSME credit growth surges to 20%, hitting ₹10.7 lakh crore, driven by government guarantees and Udyam push. Discover how this fuels India's economic engine.
Fintech app SalaryOnTime reports a massive 200% growth in installs, driven by its instant, paperless loan services. Discover how it's changing financial access for India's workforce.
Experts predict a fundamental shift in co-lending partnerships between banks, NBFCs, and fintechs. Speed, transparency, and trust will define winning models as regulations tighten and customer expectations evolve. Read more.
Chandrapur farmer Roshan Kule sold his kidney to repay loans but fell into bonded labour in Laos. Rescued after MLA's intervention, police probe illegal lending & organ trade. Read the shocking details.
A marginal farmer from Chandrapur was forced to sell his kidney after illegal moneylenders charged 40% monthly interest, trapping him in a Rs 74 lakh debt. Police have registered a case and arrested six accused. Read the full story.
Lucknow Municipal Corporation fined six pet owners Rs 30,000 for keeping dogs without a licence in Gomtinagar. One pug was temporarily seized. Learn about the drive's aims and public safety measures.
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
India's fintech lending shifts focus from rapid expansion to liability management and customer monetization after regulatory overhaul. Discover the new priorities and IPO plans shaping the sector's future.
Lucknow Municipal Corporation proposes major hike in licence fees for hotels, restaurants, and nursing homes from April 2026. Public objections invited. Read details.
Tamil Nadu's new money lending rules remove collateral for loans under ₹4 lakh and up to ₹10 lakh for SHGs, aiming to empower low-income groups and women entrepreneurs. Discover how this policy change fosters financial inclusion.
Karnataka High Court clarifies that not holding a valid driving licence does not automatically mean a rider was negligent in an accident. Read the full legal analysis.
Fino Payments Bank, now an SFB, plans a strategic shift towards secured lending like property loans, avoiding unsecured risks. Read about its merchant-focused growth plan.
US Senator Elizabeth Warren warns private credit market failures are 'tip of the iceberg', urges regulators to conduct stress tests. Read more on the growing risks to the financial system.
RBI's MPC slashed repo rate by 25 bps to 5.25%, urging banks to cut lending rates. See how HDFC, SBI, ICICI, and other top banks' home loan rates are impacted. Check your potential EMI savings now!
The RBI has revoked its 2016 framework that pushed large borrowers to debt markets. The move is expected to boost corporate bank credit by ₹3-4.5 trillion. Read the full analysis.
India plans stricter oversight for 2,500 fertility clinics with mandatory ₹100,000 renewal fees & surprise inspections to enforce ethical standards and patient safety in the growing IVF sector.
Philippines-based digital bank Tonik secures $12 million in pre-Series C funding to expand its capital-efficient lending operations and drive financial inclusion.
Pune police book gang member and agent for using forged documents to secure a gun licence. Details on the criminal background and police crackdown inside. Read the full investigation.
Noida International Airport in Jewar is set to open, with PM Modi's inauguration on Dec 15. Featuring advanced tech & CISF security, it will ease Delhi-NCR air traffic. Read more.
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
Pimpri Chinchwad Police Commissioner cancels firearms licences of a realtor and a criminal. The action follows an accidental misfire and concealment of criminal records. Read details of the crackdown.
Peso introduces digital licensing via NSWS, fixed service timelines & enhanced safety measures for India's explosives industry. Read about the key reforms announced in Nagpur.
A BSF jawan's celebratory firing at an Etawah wedding reception left a guest critically injured. Police have seized the weapon and initiated licence cancellation. Read the full details.
The Indian government is set to introduce a sweeping insurance reform bill, raising FDI to 100% and introducing composite licences. This aims to boost capital, competition, and penetration in the sector. Read more.
Noida International Airport's inauguration awaits an aerodrome licence and security clearances. Officials confirm no date yet despite CM Yogi's review. Read the latest updates.
Bengaluru's Viva Money surpasses 1,000 credit lines issued in 3 months, disbursing ₹3.5 Cr+ loans. Plans expansion to Rajasthan & Maharashtra, aiming for 40,000 credit lines by year-end. Read more.
Punjab & Haryana High Court rules driving licences remain valid for 30 days after expiry. Accident on grace period's final day is covered by insurance. Read key details.