NBFCs strike gold: Jewellery-backed loans jump 70%
Gold loans are glittering like never before, driving a surge in credit growth for non-banking financial companies (NBFCs) and emerging as the fastest-growing segment of retail credit amid high gold…
Facing backlash, government likely to delay higher 25% ethanol blend in petrol
AMID A raging backlash over a rapid increase in the use of ethanol in petrol from 10% to 20% in just three years, the government is likely to push back…
India’s biggest cities have 2 crore informal workers; Hyderabad leads with 15.7 lakh
Informal businesses are widely thought to operate largely in the rural heartland of the country. However, a new government report has shed light on the size of the informal sector…