Peer-to-peer deviates from the typical lending process in which borrowers request loans through conventional financial institutions. Individuals can borrow money from others using a P2P (peer-to-peer) lender via an online marketplace. P2P lending is a relatively new type that offers investors an alternative to traditional assets like stocks and bonds…
About 40 per cent of India's mobile exports so far in 2022-23 are iPhones. "Way to go! Thanks to PLI Scheme, India crossed Rs 50,000 CR export mark during Apr -Nov,2022 - up 110 per cent compared to same period last year. Main contributors are three Apple manufacturers- Foxconn, Pegatron…
British prime minister Rishi Sunak surprised diplomats, military personnel, charity workers and other public servants working across the world this Christmas by calling them to personally thank them for their sacrifice and dedication in an "extraordinary" year. Downing Street said the British Indian leader's calls on Friday (23) to diplomats…
Indian prime minister Narendra Modi on Friday (23) asserted that his government is committed to the welfare of armed forces personnel, after the cabinet approved revision of pension of ex-servicemen under the 'One Rank One Pension' (OROP) scheme with retrospective effect from July 1, 2019. The decision will benefit around…
The ongoing second Test between Bangladesh and India in Mirpur witnessed some tense moments on Friday (23), the second day of the game, with a number of cricketers from the visiting side expressing disappointment over a home cricketer allegedly wasting time to delay proceedings. It all happened when the light…
UK prime minister Rishi Sunak said Friday (23) it is "completely reasonable" for the UK government to review a newly-passed gender recognition law in Scotland, setting it on a potential collision course with Edinburgh. The contentious legislation -- passed Thursday (22) by the devolved Scottish parliament -- will make it…
Two years after Britain's departure from the European Union, bosses of UK businesses are reeling from the cost of Brexit, including some who voted to cut ties with Brussels. "It's cost, cost, cost with no benefit," noted Adrian Hanrahan, chief executive of a small chemicals company, Robinson Brothers, based in…
US president Joe Biden has nominated Indian-American lawyer diplomat Richard Verma, also a former US ambassador to India, to a top diplomatic position in the state department, a move hailed by the Indian diaspora here as a "inspired choice". The White House in a statement on Friday (23) said that…
Indian health minister Mansukh Mandaviya on Saturday (24) said RT-PCR (reverse transcription polymerase chain reaction) test for the detection of Covid-19 would be made mandatory for international passengers arriving from China, Japan, South Korea, Hong Kong and Thailand. Any passenger from these countries found symptomatic or testing positive for coronavirus…
With some countries witnessing a surge in Covid-19 cases, the Narendra Modi government of India on Saturday (24) urged the country's states and Union Territories (UTs) to ensure the availability of Liquid Medical Oxygen, adequate inventory of cylinders and functional life support equipment such as ventilators at hospitals to face…