Ela Bhatt, whose SEWA empowered unorganised women workers, passes away

Renowned women's rights activist Ela Bhatt, the founder of SEWA (Self Employed Women's Association), died in Ahmedabad on Wednesday due to age-related issues, her associates  said. Bhatt, 89,......

Why is BJP shy of naming a CM in Assam?

The party is less forthcoming about who the chief minister will be if it stays in power, observes Aditi Phadnis. IMAGE: Prime Minister Narendra Damodardas Modi being presented an Assamese Japi by......

Maha curbs: Fruit vendors, security services exempted

Petrol pumps, government and private security services, and fruit vendors among others have been added to the list of essential services being exempted from the ambit of the strict curbs that came......

Biden picks Kashmiri-origin Sameera Fazili in WH team

United States President-elect Joe Biden has appointed Indian-American Sameera Fazili to a key White House position related to economy. IMAGE: Fazili is the second Kashmiri-origin Indian-American......

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new ‘Tarun Plus’ category to promote......

RBI bars Navi Finserv, 3 other NBFCs from extending loans

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......

De-risking loan portfolio likely a top priority for new Bandhan CEO

Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance......

Corporate bond market cooled 22% in August

Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this......