Several smaller fintechs have tie-ups with banks and non-bank finance companies for small-ticket personal loans

banks, loans, bank regulations, fintech

Reuters

Shares of Ashapura Minechem were locked in the 5 per cent upper circuit at Rs 460.25 on the BSE.

Sensex, Nifty, stock brokers

Business Standard

Stocks to Watch on December 7, 2023: As per reports, Warburg Pincus is offloading shares in Bharti Airtel and IDFC First Bank

bse, stock market, markets

For millions of Indians, a smartphone is the first port of entry into the internet

mobile internet 5g data

Closing Bell on December 7, 2023: Broader indices, however, outperformed on Thursday - the BSE MidCap index advanced 0.7 per cent, while the SmallCap added 0.3 per cent.

Stock market, NSE

Domestic carriers have offered a fee waiver on flight cancellations or rescheduling of the impacted flights to their passengers

chennai rain

BCL Industries Ltd on Monday announced bagging a Rs 339-crore ethanol supply order.
Additionally, its subsidiary company Svaksha Distillery has also secured an order of Rs 222 crore to supply ethanol, BCL Industries said in an exchange filing.
While BCL has to supply 4.96 lakh litres of ethanol, its arm will supply 3.24 lakh litres to the oil marketing companies.
BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant.

Ethanol

Press Trust of India

Jammu and Kashmir, Manipur, Assam and Uttar Pradesh together registered over three-fourth of all UAPA cases in India in 2022, while one-fourth of sedition cases were registered in West Bengal alone, according to the latest NCRB data on 'Offences against the State'.
Altogether 20 cases of sedition under the Indian Penal Code section 124A were lodged across India in 2022 while 1,005 were registered under the stringent Unlawful Activities Prevention Act (UAPA), the National Crime Records Bureau (NCRB), which functions under the Union Ministry of Home Affairs, showed in its annual crime report.
Notably, sedition cases have come down since 2020 while those lodged under the UAPA saw a rise in the last three years, according to the data.
In 2021, 76 cases of sedition and 814 cases of UAPA were lodged in the country, while in 2020 the figures for the same were logged at 73 and 796, official data from corresponding years showed.
Among states and Union Territories, the maximum number of UAPA

law, punishment, crime, court

As many as 1.30 lakh passengers, including those who could never dream of travelling by air, have travelled due to the UDAN scheme and the aviation sector is set to be the 'backbone' of transportation in the country, Civil Aviation Minister Jyotiraditya Scindia informed Rajya Sabha on Monday.
Replying to supplementaries during Question Hour, the minister said as of today 2.75 lakh flights have operated in India due to the viability gap funding that has been proposed and given by the central government under UDAN.
The minister also told the House that the aviation sector has taken steps to ensure the safety and security of passengers, especially the elderly in case of any complain of ill-treatment.
Responding to a question by independent member Kartikeya Sharma during Question Hour, the minister said 517 routes are in force under UDAN (Ude Desh ka Aam Nagrik).
He assured the member that safety and security of passengers is the priority and said the aviation regulator DGCA keeps a tr

Jyotiraditya Scindia

The dollar index, which tracks the currency against six major peers, rose by 0.59% to 103.71, while the euro was last down 0.61% to $1.0815

US Dollar, dollar

S&P said that India will be the fastest-growing emerging market in the world, but its paramount test will be whether the country can become the next big global manufacturing hub

indian gdp, indian gdp growth

Tata Group-owned airline said that the move is expected to help Air India save $1 million annually

Air India moves its entire IT infra to cloud

It is Western "universalism", the old wolf of imperialism in lamb's clothing, that is questionable

nationalism

Shares of Adani Total Gas zoomed 20 per cent to Rs 1,053.80 in intraday trade today on the back of heavy volumes

The BJP has twice now won majorities in India's parliament by sweeping almost every constituency in the north and the west of the country

PM Modi, Narendra Modi

Bloomberg

The near 17 per cent fall in the premium of National Insurance Company dragged the overall premium of public sector units

Insurance

South Asia's largest small-scale industrial hub lost Rs 2,000 crore during the Chennai flood

Chennai: NDRF personnel distribute food and other items amid floods after heavy rainfall in the aftermath of Cyclone Michaung, in Chennai, Thursday, Dec. 7, 2023. (PTI Photo/ R Senthilkumar)

Pannun, who is a designated terrorist by the National Investigation Agency (NIA), in a recent video, threatened to attack Parliament on or before December 13

Sikh separatist leader Gurpatwant Singh Pannun

The NCLT on Monday dismissed Willis Lease Finance's plea to initiate insolvency against SpiceJet over unpaid dues due to some technical defects in their plea

A SpiceJet passenger aircraft prepares to land at Sardar Vallabhbhai Patel international airport in Ahmedabad

Electric vehicle total retail sales, including passenger and commercial vehicles, grew 25.5 per cent to 1,52,606 units in November, according to data released by the Federation of Automobile Dealers Association (FADA) on Thursday.
The total EV retail sales in November 2022 were recorded at 1,21,596 units, according to FADA.
The e-two-wheeler sales were 18.82 per cent higher at 91,243 units during the previous month from 76,791 units in November 2022.
The e-three-wheeler volume rose 32.37 per cent to 53,766 vehicles in the reporting month as compared to 40,619 units retailed in the year-ago period, the data showed.
Electric passenger vehicles retail sales in November this year stood at 7,064 units, a growth of 77.35 per cent over 3,983 units in the same month of last year.
The electric commercial vehicle (e-buses) retail sales were reported at 533 units in the previous month as against 203 units retailed in November 2022, registering a year-on-year growth of 162 per cent, it said.

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Premiums of non-life insurance companies rise 7.37% in November 2023

Struggling to keep its head above water, Ambattur counts its losses

Threats on Indian Parliament by Pannun taken up with US, Canada: Govt

NCLT grants time to SpiceJet till Jan to explore settlement with lessor

EV retail sales grow 25.5% to 152,606 units in November, says Fada

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