'We are completely engaged in fighting poverty; alas, our neighbour Pakistan seems only engaged in fighting us.''A country that has been the world’s greatest exporter of havoc, death and......
New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the......
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political,......
'Politics is turning into gift politics. You are distributing computers, mobiles, tablets while not focusing on production that could provide jobs so that people can sustain themselves...' 'This......
The increasingly loud and belligerent assertion of Beijing's claims in South China has become a matter of strategic concern for many nations for diverse reasons. It comes at a time when nations......
The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant......
'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.' IMAGE: A postman on his way to deliver mail in New Delhi. Photograph: Adnan......
Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......
'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......
The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore.......
Dream11's catchy television ads dominate the T20I World Cup telecast in India.Neha Alawadhi finds out what the company, which takes cricket very seriously, is up to. IMAGE: Rohit Sharma and......