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BusinessToday.In
October 20, 2020
Modi speech live update: Though the subject of the PM's address to the nation has not been specified, PM Modi is likely to talk about the COVID-19 situation in the country


Anand Adhikari
New Delhi, October 20, 2020
The new age  NBFCs like lending Fintechs and  Peer 2 Peer  lenders ,which are serving the under-served and unbanked customers,need a further strengthening of regulations in the light of new business challenges thrown up by the Covid -19. Few months ago, the RBI had raised a red flag citing some malpractices like charging exorbitant interest rates , harsh recovery methods by using social media tools and unauthorised use of customers personal data. Post the pandemic, the problems of new age NBFCs have only compounded because of drying up of funding sources and the unsecured nature of loans and risky non salaried customers. A comprehensive review of operations of these new age NBFCs will certainly provide key sights on how these models are working , their credit appraisal system , the gaps in risk management , level of auditing , compliance culture and the governance framework. In fact, a timely intervention by the RBI will be good for the growth of new age NBFCs and also the financial system. Watch as Anand Adhikari, Executive Editor, Business Today, explains. Read more: Wait till Q4! RBI Governor Das sees light at the end of the tunnel for economyAlso watch: First big step in creating 'Too Big To Fail' framework for LIC, GIC Re and New India


BusinessToday.In
October 20, 2020
India Stock Market Highlights Today: HCL Tech, followed by L&T, M&M, Tech Mahindra, Maruti, TCS, Asian Paints, Infosys and HDFC Bank were among the top gainers today. On the other hand, ONGC, Nestle India, SBI, ICICI Bank and IndusInd Bank were among the laggards


PTI
October 20, 2020
Israel had claimed in August that it already has the vaccine against the coronavirus \"in hand\" but it has to go through regulatory processes that would begin with human trials following the autumn holidays


Manu Kaushik
October 19, 2020
While some believe this step can generate more revenues for the beleaguered telecom PSUs, others say that it's anti-competitive and undermines the free market principles


BusinessToday.In
October 19, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
October 19, 2020
Presently, there are around 40 different coronavirus vaccines in various stages of human clinical trials, comprising one being developed by Oxford University and AstraZeneca, which is already in an advanced stage of testing


Sumant Banerji
October 19, 2020
Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply


Rupa Burman Roy
October 19, 2020
Besides positive global markets, investors were also buoyed over the September quarter earnings season, that will further help in providing a clear picture of the disruption caused by the coronavirus pandemic-induced lockdown


Reuters
October 19, 2020
Online wallet was accessible via an app, without need for an existing bank account, with payments accepted via smartphone scans in downtown outlets in China's fourth-biggest city, from luxury goods retailers to snack stores


BusinessToday.In
October 19, 2020
Chebrolu's invention is based on in-silico methodology. In this, a lead molecule selectively binds with spike protein of COVID-19. She is now planning to work with scientists who are working tirelessly to find vaccine against COVID-19


BusinessToday.In
October 19, 2020
The Chinese soldier, captured near Demchok area of Ladakh early Monday, is in the custody of the Indian Army


BusinessToday.In
October 19, 2020
7th Pay Commission: The Dearness Allowance of central government employees is linked with CPI-IW. Any change in base impacts the dearness allowance


BusinessToday.In
October 19, 2020
State had said Centre should re-examine its decision and the operation and management of the airport should be handed over to the Special Purpose Vehicle in which state also has a stake


BusinessToday.In
October 19, 2020
Gold, Silver prices in India on October 19: On MCX, Gold price traded flat at Rs 50,605 today over its previous close of Rs 50,547 per 10 gm. Silver September Futures traded Rs 112 lower at Rs 61,564 per kg today


BusinessToday.In
October 19, 2020
India Stock Market Highlights Today: ONGC, followed by NTPC, HDFC, Axis Bank, ICICI Bank, PowerGrid and Nestle India were among the top gainer on Sensex pack. On the other hand, TCS, Tech Mahindra, Infosys and Sun Pharma were among the laggards.


PTI
October 18, 2020
At present, 5G smartphones are available in India in the price range starting from Rs 27,000; Jio will partner with Google to build an Android-based smartphone operating system


Associated Press
October 18, 2020
Facebook is beset with challenges in the face of a presidential election complicated by a pandemic; here's are some of its most significant steps and missteps in the fight against misinformation


Joe C Mathew
October 18, 2020
Coronavirus vaccine: While there are no intranasal COVID-19 vaccines under trial in India at the moment, the two companies will pursue clinical trials of such vaccines in India in the coming months


PTI
October 18, 2020
After sitting over OVL's proposal for years, the National Iranian Oil Co (NIOC) informed the firm in February this year about its intention to conclude the contract for Farzad-B development with an Iranian company


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