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Govt proposes new legislation to curb proliferation of illegal lending apps
The New Indian Express Kottayam
|December 20, 2024
THE government is planning a comprehensive legislature to curb the proliferation of illegal lending apps.
The department of financial services, Ministry of Finance, has prepared a draft bill, which proposes severe punishment with jail term of up to 10 years and monetary fines of up to ₹1 crore for those found involved in promoting unregulated lending activities.
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MÁS HISTORIAS DE The New Indian Express Kottayam
The New Indian Express Kottayam
Govt launches ₹10,000-crore FoF 2.0 scheme for start-ups
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The New Indian Express Kottayam
Can have another round of talks if US agrees: Iran
IRAN has said it is open to a second round of negotiations with the United States, but only if its conditions are met, signalling a guarded stance amid ongoing tensions after the failed first round of talks in Islamabad.
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April 14, 2026
The New Indian Express Kottayam
'AI with proper guardrails can help in fin inclusions'
RESERVE Bank of India (RBI) Deputy Governor Swaminathan J said on Monday that blind adoption of modern technology like AI in banking & finance sector risks of embracing flawed model, which may impact millions of customers.
1 min
April 14, 2026
The New Indian Express Kottayam
Desperate Knight Riders look for turnaround
CHENNAI Super Kings would look to build on the momentum they gained from their win over Delhi Capitals in their previous match when they take on win-less Kolkata Knight Riders at the MA Chidambaram stadium here on Tuesday.
1 min
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The New Indian Express Kottayam
Students returned from Iran don’t want to go back
A majority of the 1,700-odd Indian medical students studying in Iran, who have returned due to the volatile situation, are keen on shifting to other countries to finish their degrees.
1 min
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The New Indian Express Kottayam
Tehran warns of attacks as US block of ports begins, oil goes past $100
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1 mins
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The New Indian Express Kottayam
We're on verge of making history: PM
JUST days before Parliament’s extended three-day special session begins, Prime Minister Narendra Modi addressed a large gathering of women at the Nari Shakti Vandan Sammelan on Monday, saying the country is ready to take one of the most significant decisions of the 21st century, dedicated to women’s empowerment.
2 mins
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The New Indian Express Kottayam
AI becomes new proxy: How tech workers are using tools to crack virtual interviews
AS India’s technology hiring market slowly regains momentum, a new form of interview fraud is quietly spreading across the sector, where candidates are increasingly using AI tools to clear virtual interviews.
2 mins
April 14, 2026
The New Indian Express Kottayam
FOR QUOTAS WITHIN THE QUOTA
HERE is something deeply revealing about the celebration surrounding the proposed implementation of women’s reservation from the next general election.
4 mins
April 14, 2026
The New Indian Express Kottayam
IMD predicts below normal monsoon, rainfall at 92% of long-period average
27% odds of normal rain
1 mins
April 14, 2026
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