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

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 ADTV for NSE in the futures and options segment fell 2 per cent MoM to Rs 311.7 trillion, while that for the BSE rose 7.2 per cent to Rs 35.2 trillion

Between December 2020 and February 2021, traders were supposed to maintain at least 25 per cent of the peak margin

equity market, stocks, share market

"States are classified as resilient if their fiscal deficit as a percentage of GSDP has decreased from the pre-pandemic to the post-pandemic period," the report says

fiscal deficit, revenue, growth, economy, tax collections, expenditure, coronavirus, covid-19

Here is the best of Business Standard's opinion pieces for today

China economy

The BJP's victory in the assembly polls in Madhya Pradesh, Rajasthan and Chhattisgarh may not be enough for the ruling party to increase its strength in the Rajya Sabha so as to get a majority by next year.
Next year, 69 Rajya Sabha seats will fall vacant, including 56 in April ahead of the Lok Sabha elections.
The Upper House of Parliament has 239 members. Currently, the BJP is the single-largest party with 94 seats, followed by Congress with 30 seats and Trinamool Congress with 13 seats.
While the BJP is likely to retain 30 seats, which will fall vacant in April next year, the Congress will retain its seats and get an additional two from Telangana, which it wrested from the BRS in assembly polls held along with that of the other three states.
Prominent among those who would retire in April are former prime minster Manmohan Singh from Rajasthan, Environment Minister Bhupender Yadav from Rajasthan, Education Minister Dharmendra Pradhan from Madhya Pradesh and Minister of State ...

Press Trust of India

Samples of 59 drugs, including those of reputed companies, were declared as "not of standard quality" in October, according to a Central Drugs Standard Control Organisation (CDSCO) alert.
The CDSCO in its alert, which was issued recently, said that 1,105 samples were tested.
Of the total, 61, which include two samples of unlabelled vials with white seal purported to contain Tigecycline 50 mg and two samples of phenolic disinfecting multi-purpose surface cleaner-cum-deodoriser (Lytner), were found to be "not of standard quality", it said.
The count comes to 59 as samples of two drugs were repeated.
The drug samples were tested at various statutory laboratories authorised by the CDSCO.
The other samples termed "not of standard quality" include those of Cefixime Oral Suspension IP,  Amoxycillin, Potassium Clavulanate and Lactic Acid Bacillus Tablets (GAMPCLAV-625 LB Tablets), Rabeprazole Sodium (Enteric Coated) and Domperidone (Sustained Release) Capsules (20 mg/30 mg), Diclofenac So

Pharma, medicine, pharmaceutics

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

Meta is rolling out end-to-end encryption for calls and messages across its Facebook and Messenger platforms, the company announced Thursday.
Such encryption means that no one other than the sender and the recipient  not even Meta  can decipher people's messages. Encrypted chats, first introduced as an optional feature in Messenger in 2016, will now be the standard for all users going forward, according to Messenger head Loredana Crisan.
This has taken years to deliver because we've taken our time to get this right, Crisan wrote in a blog post. Our engineers, cryptographers, designers, policy experts and product managers have worked tirelessly to rebuild Messenger features from the ground up.
Meta CEO Mark Zuckerberg promised, back in 2019, to bring end-to-end encryption to its platforms after the social media company suffered a string of high profile scandals, notably when Cambridge Analytica accessed user data on Facebook.
Privacy advocates again shined a spotlight on Meta after 

Meta, Facebook

The feature allows users to designate voice notes as "View Once." This enhances privacy by preventing the recipient from exporting, forwarding, saving, or recording the voice note

Here's how to transfer WhatsApp chats on a new device without cloud backup

Cyber-attacks on rise post pandemic; Nearly 40% growth in cyber policies in 2023

cyber security, cyber attacks, cybersecurity, data, privacy, hackers, hacking

The report of the Ethics Committee which recommended the expulsion of TMC MP Mahua Moitra in a "cash-fore-query" case is likely to be tabled in Lok Sabha on Friday, parliamentary sources said.
The report was earlier listed in the agenda of the lower house for December 4 but was not tabled.
Various opposition members have insisted that there should be a discussion on the recommendations before a decision is taken on Moitra.
"If the report is tabled, we would insist on a full-fledged discussion as the draft was adopted in two-and-a-half minutes," BSP MP Danish Ali told reporters on Thursday.
The committee headed by Vinod Kumar Sonkar, at a meeting on November 9, adopted its report recommending Moitra's expulsion from Lok Sabha over the "cash-for-query" allegation.
Six members of the panel, including Congress MP Preneet Kaur who had earlier been suspended from the party, voted in favour of the report. Four members of the panel belonging to opposition parties submitted dissent notes.

Mahua Moitra

In September, Cloverdell Investment, also an affiliate of Warburg, had sold 4.2 per cent in IDFC First Bank for Rs 2,480 crore

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Meta makes end-to-end encryption default on Facebook, Messenger platforms

WhatsApp introduces 'view once' feature for voice notes to boost privacy

Increased awareness, digital threat drives cyber insurance demand

Ethics panel report on Moitra likely to be tabled in LS on Friday: Report

Private equity major Warburg Pincus divests 1.3% in IDFC FIRST Bank

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