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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The actions taken by the authorities, payment companies and NBFCs to flush out predatory apps reveal a lot.
It has been a month now since the Telangana police began a crackdown on short-term loan apps, following a number of suicides ostensibly due to harassment over loan recoveries. The action against these apps, mostly controlled by Chinese firms, led to several arrests of Chinese nationals as well as Indians working with those companies.
We had written in depth in an earlier piece about how these apps operated their personal and payday loan business in India, and the fallout that their actions have on other fintech lenders.
The matter is now being investigated by the Enforcement Directorate and the …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
