Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning to rule-based credit engines to accelerate the growth of their lending portfolios. He added with concern that while automation can enhance
Following the US's move to increase tariffs on imports from China, Chinese officials have fiercely promised to retaliate, stressing that this will seriously affect bilateral cooperation with the US, reported Voice of America (VOA).
New Delhi [India], May 15: In today's fast-paced financial landscape, banks, financial institutions, and insurance companies face a critical challenge: distinguishing genuine customers from fraudsters. With the increasing cases in identity theft and document fraud, verifying customer identit
Mumbai (Maharashtra) [India], May 15: Hari Om, India's first groundbreaking mythological OTT platform designed to revolutionize the digital landscape is announced today. Spearheaded by the visionary media mogul Vibhu Agarwal, Hari Om is poised to become the ultimate destination for experienc
Following the signing of Chabahar Port pact between India and Iran, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has said that the "historic decision" of the long-term contract was taken to fulfil Prime Minister Narendra Modi's vision of increasing the original connecti
Power plants are increasingly turning to long-term coal imports, taking advantage of a market with ample liquidity and availability. This shift came after the National Electric Power Regulatory Authority (NEPRA) streamlined spot imports through procurement guidelines, leading to a significan
The report highlights a noticeable change in purchasing patterns, with consumers increasingly favoring branded luxury goods, indicating a growing market for luxury products in India.
Pune (Maharashtra) [India], May 10: In a world where financial literacy is increasingly essential, Academy by Bajaj Markets brings accessible, engaging, and comprehensive content in the form of interactive videos. The aim is to simplify complex financial concepts, making learning not just in
In response to increasing demand from entrepreneurs and investors from the region and around the world, the Sharjah Publishing City Free Zone (SPC Free Zone) has announced expansion of operations to deliver round-the-clock support to its customers. The free zone also guarantees a 3 business-
In alignment with their respective mandates, the UICC and the ICC will synergize efforts, resources, and ideas, and collaborate on increasing awareness within the UAE and India of the significant potential of the UAE-India bilateral economic partnership.