The RBI, for a while now, has been sounding alarm bells about the rise in small-ticket unsecured personal loans disbursed by NBFCs.

Analysts pointed out that the fintechs had no better choice other than getting into consumer lending business , as other products like insurance, P2P lending failed to get them commercial success.

With air quality index (AQI) crossing over 200 in Delhi and Mumbai, both the cities have clamped down on construction activities to curb pollution.

With worsening air quality in Mumbai and Delhi, both cities have clamped down on construction activities. Delhi’s air quality index (AQI) crossed the 500 mark on Monday, Mumbai clocked an AQI of over 200.

Indian farmers are struggling with the lack of cold storage facilities for vegetables and fruits. India also has low per capita availability of fruits and vegetables due to post-harvest losses as a consequence of less cold storage facilities.

Women are using credit cards for all travel purposes as the transaction can be reversed in case of any fraud or double charges, which would not be possible otherwise.

Indian household savings fell to 5.1% of the country's gross domestic product in 2022-23 primarily due to a surge in extreme dependency on credit and investment in financial assets.

PhonePe's Hemant Gala speaks to The Core spoke about the infrastructure UPI platforms are aiming to build in the near future and how UPI aims to go beyond borders

MSMEs are struggling to set up reliable distribution networks, manage transportation, and handle warehousing in foreign markets. Also, a significant factor leading to the decline in export shares was the monopoly of traders in cross-border operations.

"I believe we have a robust structure and the priority sector lending helps in the development of MFIs," says Sadaf Sayeed, the CEO of Muthoot Microfin.