Digital underwriting is not just about making decisions quickly through automation: It ensures greater financial inclusion and improves risk control

How shift to digital credit underwriting helps financial org in India

Business Standard

Patiala (Punjab) [India], December 21: Thapar Institute of Engineering  &amp;  Technology (TIET), recognized as one of India's premier institutions, announces the opening of admissions for the MBA and PhD programs at its business school, LM Thapar School of Management (LMTSM), for the upcoming academic year. TIET is renowned for its academic excellence, research contributions, and strong industry linkages, offering a wide range of undergraduate, postgraduate, and doctoral programs across various disciplines.

LM Thapar School of Management Announces Admissions for MBA and PhD Programs for the Upcoming Academic Year

Ahmedabad (Gujarat) [India], December 21: Latteys Industries Limited, an NSE-listed leader in energy-efficient solar submersible pumps, has announced remarkable financial results for the Quarter and Half Year ending September 2024.

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

New Delhi [India], December 21: Surya Sarees, Delhi's renowned ethnic fashion house, celebrates World Saree Day 2024 with grandeur, grace, and an unwavering commitment to India's sartorial heritage.

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

IndiGo has launched daily direct flights between Chennai and Penang in Malaysia on Saturday, becoming the 37th international destination for the private airliner.
The new route caters to the growing demand for travel between the two cities, offering both business and leisure travellers a convenient and affordable option, IndiGo said in a statement on Saturday.
"We are extremely pleased to further expand our network into Malaysia with the launch of direct flights from Chennai to Penang, our third destination in Malaysia, alongside Kuala Lumpur and Langkawi. With the inclusion of these flights to Penang, IndiGo will now operate 28 weekly flights to Malaysia from 2 cities in India" IndiGo Head of Global Sales Vinay Malhotra said in a statement.
At the inaugural ceremony, Chennai Airport director C V Deepak handed over the boarding pass to the first passenger on Saturday.
"Your gateway to Malaysia's crown jewel! The inaugural flight (6E1045) of IndiGo from Chennai to Penang was marked 

indigo airlines, indigo

New Delhi [India], December 21: Tis the season for whipping up famed family holiday recipes and serving special, homemade holiday desserts. With so many treats surrounding us this time of year, it's easy to accidentally overindulge. Combine the loads of delicious food with cold weather and a lack of regular sleep and exercise (not to mention the stress of the times we are living in), and you might find yourself headed straight to sniffle town.

How to Stay Healthy During the Holidays

RBI stated that while it has directed banks not to charge excessive rates of interest, it does not directly regulate the rates charged by banks

Supreme Court, SC

The government on Friday announced an increase in the minimum support price (MSP) for copra by up to Rs 420 to Rs 12,100 per quintal for 2025 with a budget outlay of Rs 855 crore.
A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.
The MSP for 'milling copra' has been increased by Rs 420 to Rs 11,582 per quintal, while for 'ball copra' by Rs 100 to Rs 12,100 per quintal for 2025, Information and Broadcasting Minister Ashwini Vaishnaw told reporters.
The total financial implication would be Rs 855 crore.
Cooperative agencies Nafed and NCCF will be the central nodal agencies for the procurement of copra, he added.

Ashwini Vaishnaw, Ashwini, Vaishnaw

December marked the second policy review meeting for the external members, who have a fixed four-year term

Inflation, Vegetables, Fruits, Budget 2024

They also support a rate cut to avoid the risk of sharp currency appreciation if India does not normalise interest rates when most other global central banks have already embarked on an easing cycle

RBI, Reserve Bank of India

The reserves stood at $655 billion in the week ended December 6, having declined by $3.2 billion during that week

The country's foreign exchange reserves have risen by $311 billion since December 2018, when the tenure of Reserve Bank of India (RBI) Governor Shaktikanta Das began. This represents the largest forex jump under any governor to date. India now has th

State-owned Punjab & Sind Bank on Wednesday raised Rs 3,000 crore from issuance of maiden infrastructure bonds aimed at expanding infra lending.
The bank received total bids of Rs 6,031 crore against the base issue size of Rs 500 crore, Punjab & Sind Bank said in a regulatory filing.
Further, it said, the bank has decided to accept bids of Rs 3,000 crore at coupon rate of 7.74 per cent per annum.
In accordance with RBI guidelines, these papers with a tenure of 10 years would be listed on the National Stock Exchange (NSE) for trading.
These unsecured, subordinated, redeemable, non-convertible, taxable, fully paid-up long term bonds in the nature of debentures have a face value Rs 1 lakh each, it said.
Allotment of bonds to successful bidders would be done on Friday, it added.
Domestic investors have shown a lot of interest in such bond issuance by banks, and many lenders have exercised this option for raising resources in the recent past.
The advantage of infrastructure bonds ..

Punjab & Sind Bank

India will face arch-rivals Pakistan in the opening match of the inaugural Kho Kho World Cup in 2025

Kho Kho World Cup 2025

If Patna Pirates manage to secure a win over Telugu Titans today, they will confirm their place in the playoffs and will also take UP Yoddhas along with them

PKL 2024 matches

Currently, a job offer can raise an applicant's Express Entry score by at least 50 points. This has greatly improved an applicant's chances of qualification for permanent residency

Justin Trudeau, Canada PM

The Chandigarh administration fined Diljit Dosanjh concert organisers Rs 25000 to for creating a mess at the Sector-34 Exhibition Ground

Diljit Dosanjh

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

trade deficit

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

Joydip Gupta

Joydip Gupta

Joydip Gupta

How shift to digital credit underwriting helps financial org in India

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LM Thapar School of Management Announces Admissions for MBA and PhD Programs for the Upcoming Academic Year

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

IndiGo launches daily direct flights between Chennai and Penang in Malaysia

How to Stay Healthy During the Holidays

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Supreme Court removes 30% interest cap on late credit card bill payments

Cabinet hikes copra MSP by upto Rs 420 to Rs 12,100 per quintal for 2025

Policy rates have limited impact on food prices: MPC external members

MPC minutes: External members back rate cut, say inflation hampering growth

India's foreign exchange reserves decline by $1.9 bn to almost 6 month low