August 11 changed their lives

On August 11, as usual, students of the Pandithurai Corporation Boys Higher Secondary School in Madurai were sitting in the lawn and studying under a neem tree.But the activity in the science lab......

Why RBI Is Worried About The Rise In Personal Loans

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......

MFIs' collections rebound in a big way, but delinquencies may surge

A vast majority of borrowers are in the essential services’ supply chain with tiny and micro businesses, and this has sprung back. Illustration: Dominic Xavier/Rediff.com Micro-finance......

'We will become a good welfare State if...'

'... the government provides adequate cash and kind support for the poorest of the poor for survival......conditional cash and skilling support for the economically poor to raise their incomes to......

EMIs shouldn't exceed 35% of net income

Also build a contingency fund equal to 9 to 12 months of expenses, experts tell Sanjay Kumar Singh. Illustration: Uttam Ghosh/Rediff.com Self-employed borrowers have been borrowing more from......

EPL: Anelka denies FA charge over Nazi salute

West Bromwich Albion forward Nicolas Anelka has denied an English FA charge regarding an alleged anti-Semitic gesture he made during last month's 3-3 Premier League draw at West Ham United, his......