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'Onboarding in retail credit has to be reworked'

Scienaptic AI, a credit-decision solutions platform offers technology to enable lenders to make more accurate and efficient decisions throughout a customer's life cycle — from initial application to management. And it helps them revisit legacy onboarding and credit underwriting processes. In recent times, the Reserve Bank of India has called attention to the runaway growth in retail credit and the risks arising from it. JOYDIP GUPTA, head of Asia Pacific at Scienaptic AI interacted with Raghu Mohan via email on the issues involved. Edited excerpts.

Direct stock investors: Seek refuge in quality stocks

MF investors should limit exposure to volatile categories like smallcap and momentum

Avoid overspending in early years of retirement

High inflation, even if it is predictable, devastates the retirement of people who do not study personal finance in detail. I have previously written that the post-tax returns on our entire corpus over our lifetime will likely be in the ballpark of inflation.

FoFs Get Their Groove Back: Tax Tune-Up Resets Growth Tempo

Domestic FoFs hit a flat note after losing indexation benefits in April 2023

'FY26 profit growth hinges on revenue trajectory'

Economic growth is likely to improve in the second half of 2024-25 (FY25) due to an increase in government expenditure, says Vetri Subramaniam, chief investment officer of UTI Asset Management Company (AMC). In an interview with Abhishek Kumar in Mumbai, Subramaniam says cash transfers to citizens by state governments can also contribute to consumption growth. Edited excerpts:

Tax shift throws a wrench in the gears of '24 buybacks

TAX PENDULUM SWINGS: ₹13,423 cr repurchases in '24, down 72% from '23

Steady heartbeat of growth in diagnostics keeps sector pulsing

Rx FOR SUCCESS: Profit prescription filled with pricing and volume vitals

The rise of Black Twitter

Do you remember where you were in early December 2020? It was peak pandemic, so chances are you were at home and online. And if you were Black and on Twitter, you were probably reading or tweeting about the Negro Solstice.

Threat or opportunity

India needs to be prepared for AI-driven changes

Widening net

New US sanctions will affect supply of Russian energy

Hail the freelance economy!

More professions are going freelance

Shakeout in smallcaps

Last week, the CNX SmallCap 100 index cracked by 7.3 per cent.

Apple wants to keep its diversity programmes from being disavowed

Apple's board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

N Korean troops gain experience in Ukraine war, cement alliance with Russia

For weeks, Ukrainian troops braced for an unfamiliar enemy: North Korean soldiers sent to bolster Moscow's forces after Ukraine launched a lightning-fast incursion and seized territory in Russia's Kursk region over the summer.

Inside Musk's Plan for DOGE to Slash Government Costs

An unpaid group of billionaires, tech executives, and some disciples of Peter Thiel, a powerful Republican donor, are preparing to take up unofficial positions in the US government in the name of cost-cutting.

Metagets a makeover for Trump era

Mark Zuckerberg kept the circle of people who knew his thinking small. Last month, Zuckerberg, the chief executive of Meta, tapped a handful of top policy and communications executives and others to discuss the company's approach to online speech.

Climate change, extreme weather key challenges

As India Meteorological Department (IMD) celebrates its 150th anniversary on January 15, its Director General Mrutyunjay Mohapatra lays down the premier weather forecasting agency's future growth trajectory in an interview with Sanjeeb Mukherjee in New Delhi. Edited excerpts:

Delhi's urban villages: Between posh colonies and potholes

Residents of the city's Lal Dora villages face legal confusion, poor infrastructure, and neglect, struggling with outdated policies and exclusion from key schemes. SARTHAK CHOUDHURY reports

Of diplomacy & defence

History beckons as Indonesia President Prabowo Subianto attends India's Republic Day function as chief guest amid growing ties between the two countries in a shifting global landscape, writes ADITI PHADNIS

Indonesian Prez not to visit Pakistan after Republic Day event

Indonesian President Prabowo Subianto is set to grace the upcoming Republic Day celebration in the national capital as the Chief Guest, people familiar with the matter said on Saturday.

EAM Jaishankar to represent India at Trump's inauguration

External Affairs Minister S Jaishankar will represent India at the inauguration of Donald Trump as the 47th President of the United States on January 20.

1st Phase of Bima Sugam Likely to Be Rolled Out Mid-2025

The first phase of Bima Sugam, an ambitious project of the insurance regulator to create an Amazon-like one-stop digital platform for buying, selling, and servicing insurance policies, is expected to be rolled out in the middle of this year instead of April, as announced earlier, a source privy to the development said.

Dec numbers signal improving microfin situation: MFIN CEO

Says will wait for 3 months to see if trend is sustainable

CP, CD rates rise amid liquidity woes

Commercial paper (CP) rates have increased by 10-13 basis points (bps) across tenures in January so far, reflecting the impact of tightening liquidity in the market.

Ahead of Feb policy, RBI guv to meet bank chiefs this week

Sanjay Malhotra, who took charge as the governor of Reserve Bank of India (RBI) in December, will have his first interaction with the managing directors (MDs) and chief executive officers (CEOs) of public-sector banks (PSBs) and private lenders on Thursday, ahead of the February monetary policy review.

'Will become first Indian port to cross 10 mn TEU'

India's largest state-owned container port, Jawaharlal Nehru Port Authority (JNPA), is aiming to become the country's first port with a capacity of 10 million twenty-foot equivalent unit (TEU), said UNMESH WAGH, chairperson of JNPA, and chairman and managing director of Vadhvan Port Project, in an interaction with Prachi Pisal in Raigad (Maharashtra).

Unnecessary confusion on continuation of Rodtep scheme

Since the beginning of this year, exporters are being confused by the government regarding availability of duty credits under the Rodtep (Remission of Duties and Taxes on Export Products) scheme for physical exports of goods in discharge of export obligation against advance authorisations and exports by export-oriented units (EOU) and units in Special Economic Zones (SEZ).

Govt asks industries to identify import prospects from US

Major economies closely following Trump's moves

Realtors seek stamp duty cuts, revised home loan limits

As the Union Budget for 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through the Pradhan Mantri Awas Yojana (PMAY), single-window clearance and eco-friendly policies, among others.

Pharma firms gear up to comply with revised Schedule M

Revised Schedule M sets quality standards