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

According to data from the AMFI, as of December 6, 2023, the average one-year returns for 23 small-cap funds stood at 32.68 per cent

Mutual Funds, SIPs, Mutual Fund investors

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

The sub-Rs 50,000 loans majorly constitute the postpaid loan product (buy now, pay later or BNPL), which could be halved going ahead, Paytm said

Paytm

A prominent disinformation scholar who left Harvard University in August has accused the school of muzzling her speech and stifling  then dismantling  her research team as it launched a deep dive in late 2021 into a trove of Facebook files she considers the most important documents in internet history.
The actions impacting Joan Donovan's work coincided with a USD500 million donation to Harvard by a foundation run by Facebook founder Mark Zuckerberg and his wife Priscilla Chan. In a whistleblower disclosure made public Monday, Donovan seeks investigations into inappropriate influence" from Harvard's general counsel, the Massachusetts attorney general's office and the US Department of Education.
The CEO of Whisteblower Aid, a legal nonprofit supporting Donovan, called the alleged behavior by Harvard's Kennedy School and its dean a shocking betrayal of academic integrity at the elite school.
"Whether Harvard acted at the company's direction or took the initiative on their own to prote

Harvard University

Press Trust of India

Top CEOs from India and the United States have provided updates on the status of their recommendations on advancing bilateral commercial ties during a meeting co-chaired by Commerce Secretary Gina Raimondo and Union Commerce and Industry Minister Piyush Goyal, an official statement said here.
The virtual meeting of the India-US CEO Forum convened by Raimondo and Goyal on November 30 was a follow-up to the March 2023 forum meeting in New Delhi, according to the statement issued on Monday.
During the meeting, US and Indian CEOs provided both governments with updates on the status of their recommendations on how to advance US-India commercial ties, it said.
They also discussed topics pertinent across sectors, including supply chain resiliency, workforce development, regulatory and standards harmonization, and economic collaboration.
Raimondo and Goyal highlighted recent government initiatives that were inspired by the CEOs' recommendations and encouraged the forum members to focus on 

us india

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TMS Ep578: Pre-election rally, JSW, Reliance & Tata e-commerce, My Lord

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Telangana Congress President A. Revanth Reddy

In August, Air India Chief Executive Officer (CEO) and Managing Director (MD) Campbell Wilson announced that a thoroughly revamped loyalty programme is set to launch early next year

air india

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

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

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

As rescue boats retreat from the flooded streets and crocodiles return to their habitat, a pressing question remains: What about our focus on urban planning?

Chennai flood

Armenia and Azerbaijan have agreed to exchange prisoners of war and work toward signing a peace treaty in what the European Union hailed as a major step toward peace in the long-troubled region.
The two countries said in a joint statement on Thursday they share the view that there is a historical chance to achieve a long-awaited peace. They said they intend "to normalize relations and to reach the peace treaty on the basis of respect for the principles of sovereignty and territorial integrity.
Azerbaijan waged a lightning military campaign in September in the separatist region of Nagorno-Karabakh. The offensive ended three decades of rule there by ethnic Armenians and resulted in the vast majority of the 120,000 residents fleeing the region, which is internationally recognized as part of Azerbaijan.
Until Thursday's announcement, the two countries had bitterly argued on the outline of a peace process amid mutual distrust.
As part of the deal, Armenia agreed to lift its objections t

Armenia, Azerbaijan

Speaking to ANI on Thursday, Singh, the state minister for Animal Husbandry and Dairying, claimed that there wasn't much left of the Opposition alliance

Former Prime Minister Boris Johnson, in sometimes angry testimony to Britain's inquiry into the COVID-19 pandemic, on Thursday defended himself against suggestions that his indifference and failure to heed the advice of scientists led to thousands of unnecessary deaths.
In a second day of sworn testimony, Johnson rejected claims that he was prepared to let older people die to protect the economy and that he was too slow to order a second national lockdown as infection rates began to rise in the autumn of 2020.
Johnson, who left parliament after he was found to have misled lawmakers about lockdown-breaking parties during his premiership, said he learned about the horrors of COVID-19 firsthand when he was hospitalised with the disease in March 2020. In the intensive care unit, Johnson said he was surrounded not by elderly people but by middle-aged men like himself.
I knew from that experience what an appalling disease this is. I had absolutely no personal doubt about that from March .

UK PM Boris Johnson said his country has raised the Ukraine war issue with his PM Modi at diplomatic levels and maintained everybody understands India and Russia shared "very different relationships historically". (Photo: Twitter/@ANI)

Boris Johnson in Gujarat

Former President Donald Trump is appealing a ruling that found he is not immune from criminal prosecution as he runs out of time to delay or even derail an upcoming trial on charges that he plotted to overturn the results of the 2020 election.
Lawyers for the 2024 Republican presidential primary frontrunner filed a notice of appeal Thursday indicating that they will challenge US District Judge Tanya Chutkan's decision rejecting Trump's bid to derail the case headed to trial in Washington, DC, in March. The one-page filing was accompanied by a request from the Trump team to put the case on pause so the appeals court can take up the matter.
The filing of President Trump's notice of appeal has deprived this Court of jurisdiction over this case in its entirety pending resolution of the appeal, Trump's lawyers wrote. Therefore, a stay of all further proceedings is mandatory and automatic.
The appeal had been expected given that Trump's lawyers had earlier signalled their plans to pursue 

Donald Trump

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Armenia and Azerbaijan announce deal to exchange POWs, work toward peace

UP Min Dharmpal Singh says BJP will have thumping mandate in LS polls

Boris Johnson rejects notion he wanted to let Covid rip through population

2020 election case: Donald Trump appeals ruling rejecting immunity claim

Best of BS Opinion: OpenAI storm, positive signs, new start in J&K & more

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Indian banks ask fintech partners to limit tiny personal loans: Report

This smallcap stock hit new high after gap of 15 years; up 47% in 1 month

Portfolio rebalancing: Is it time to move away from small-caps?

Sensex, Nifty snap 7-day winning run, end marginally down; Paytm cracks 19%

Paytm slumps 20% on likely earnings impact from scaling down postpaid loans

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