Hela August 21, 2019

When you imagine what artificial intelligence (AI) “looks like,” you might be thinking of a synthetic consciousness developed by humans, as many sci-fi movies portray. Apart from the realm of fantasy, AI is simply a system that can perform tasks that normally requires human intelligence. These include problem-solving, recognizing emotions, and even diagnosing diseases. Artificial […]

Hela August 20, 2019

Unsecured finance, which includes both credit card debt and personal loans amounted to INR 5,00,000 Crores at the end of FY18. This number is double of the FDI inflows (INR 3,00,000 Crores) into our country during the same fiscal year. A large chunk of unsecured finance goes towards financing consumption largely addressing home renovation, purchase […]

Hela August 19, 2019

An Andhra Pradesh-based microfinance institution (MFI) recently decided to thoroughly screen all its sales-force after complaints of misselling from rural customers. It now checks their previous employment records as well. The MFI industry, that has around 80,000-85,000 employees, was one of the sectors that did not consider background verification of employees an important factor in […]

Hela August 18, 2019

NEW DELHI: Around 160 stocks fell to touch their 52-week lows on NSE in Friday’s session. Among the stocks that touched their 52-week lows were Ambika Cotton Mills, Apollo Micro Systems, Bannari Amman Sugars, BASF IndiaNSE -0.56 %, Coffee Day Enterprises, Cox & Kings, Cummins India and Cyient. GIC Housing Finance, Glenmark Pharmaceuticals, Hindustan ZincNSE 0.93 %, […]

Hela August 16, 2019

From purely the financial benefit point of view, you should make a bulk repayment in your loan. By Chaitali Dutta Is the interest rate on a personal loan fixed for the whole tenure? – Gautam Very few bank loans in India are on a fixed interest rate basis. Personal loans are also on a floating rate. […]

Hela August 13, 2019

Chan Veang holds one of her microfinance loan agreements, which she says she cannot read. (Photo by Shaun Turton, edited by Nikkei) SIEM REAP — Cambodia’s $8 billion microfinance industry, touted by Western aid groups and foreign investors as bringing financial opportunities to the country’s poor, is ensnaring families in crushing debt and could threaten […]

Hela August 10, 2019

In the ever-saturated landscape that is social media, you have to put in extra effort to stand out. In a sea of shiny graphics, immersive videos, and a slew of other compelling content, posting a bland image would definitely not fly. It’s imperative that you get creative to get people to pay attention to your […]

Hela August 9, 2019

FILE – In this Feb. 8, 2019, file photo a pedestrian walks down South Broad Street in Philadelphia. Bounce back from a personal loan rejection by building your credit score, growing your income and paying off debt. Shop around and apply at lenders whose minimum qualifications you meet. (AP Photo/Matt Rourke, File) Getting rejected for […]

Hela August 7, 2019

Nikkei slid 0.4 per cent on worries that a stronger yen will put more pressure on its struggling exporters Shares in Asia fell for an eighth straight session on Wednesday on lingering worries over the escalating US-China trade war, but losses and nerves were soothed somewhat by White House assurances that it wants to press […]

Hela August 6, 2019

Indian equity markets have no friend left either domestic or foreign. Domestic investors are miffed about the tax rules, while foreign investors are worried that the latest move on Article 370 will stoke tensions with neighbouring countries. The ongoing trade war between the US and China is making things worse. On Monday, the Nifty index declined 134.75 […]