Infections rise in Nagpur with second wave

One reason for the surge in cases is the spread of infection at large weddings.Weddings turned out to be super spreaders.Aneesh Phadnis reports. IMAGE: Rashtriya Swayamsevak Sangh sarsanghchalak......

'Bengal has a lot to learn from Gujarat'

'Look at the number of billionaires, the number of new billionaires in India.''Adani and Ambani are not the only ones.''What's wrong with people making money as long as it benefits us?' IMAGE: A......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

FULL TEXT of PM Modi's I-Day address

Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.  IMAGE: Prime Minister Narendra Modi addresses the nation......

Bajaj Finance sinks 8% amid rising NIM pressure

Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the......

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

Digital Loan Apps: Boon Or Bane?

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   During a visit to Kolkata in December, I decided to drop by a bar......

NBFC business has to hit the reset button after RBI strengthens norms

“We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources,” says Vimal......