Months after warning banks and non-bank financers to strengthen internal surveillance and address any build-up of risk in the retail, especially consumption loans segment, the Reserve Bank of India, last month, raised risk weights on such loans. Now, the central bank is planning a comprehensive regulatory framework for loan aggregators to bring in more transparency…
Credit: sirichai/Adobe Stock In less than a year, generative AI has gone from a bright shiny object full of theoretical promise to a table-stakes technology that every business across every sector endeavors to capitalize on, including HR. The efficiency use cases for HR professionals are abundant and gaining widespread adoption, particularly in the talent management…
DREW PHILLIPS / Hyundai It’s beginning to look like savings for many car manufacturers. All throughout December, car shoppers will find incredible incentives across the biggest car brands, including 0% financing and cash allowances. In alphabetical order, check out these eight cars with the best financing and cash back deals. See: These 10 Cars Could…
The Reserve Bank of India (RBI) will constitute a regulatory framework for web aggregators of loan products (WALP) to usher in greater transparency and neutrality in the framework. The move is based on the recommendations of the Working Group to bring loan aggregation services offered by the Lending Service Providers (LSPs) under a…
We’ve seen the movies and read the books about what it would be like to have a habitat on the moon, but in order to turn our Sci-Fi fantasy into a reality, scientists must lay out some groundwork. That’s what the Defense Advanced Research Projects Agency (DARPA), a U.S. organization that aims to develop advancements…
Every new car on the road today contains hundreds of millions of lines of code, and that’s a good thing because the technological functions they enable add greatly to the car’s ultimate value. For over 100 years, automotive consumers coveted cars because of their paintwork, their leather interiors and the speeds they can travel. But…
S&P Global Ratings upgraded ratings on three classes and affirmed ratings on three remaining classes in PenFed Auto Receivables Owner Trust 2022-A. Positive Outlooks were assigned to the class B, C and D notes. The affirmations and upgrades reflect collateral performance to date, expectations regarding future collateral performance, the transaction’s structure and credit enhancement. TYSONS,…
Roman Axelrod Contributor Roman Axelrod is the founder of XPANCEO, a deep tech company developing the next generation of computing via an invisible and weightless smart contact lens. In 2023, global investments are grappling with a substantial 15% downturn, as reported by Crunchbase, creating a challenging backdrop for early-stage startups. The uphill battle is naturally…
In this November 2023 Mahindra car sales analysis, we’ll look at the car sales of Mahindra for the previous month. We’ll also compare the YoY and MoM change to find out which Mahindra cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an…
Comment on this storyComment Add to your saved stories Save After years of working in higher education, Nicole Sparbanie had hit a wall. She enjoyed her job in student affairs, but she felt burned out and stuck. So she sought out a master’s degree at New York University, thinking it could help open new doors….
By Elaine Burke Forecasting is a fickle business – just ask any analyst who published their thoughts on the year ahead before the release of ChatGPT at the close of November 2022. Suddenly, the game was utterly changed, and any predictions that didn’t include the prospects of generative AI appeared instantly dated. There’s no question…
In this November 2023 Toyota car sales analysis article, we’ll look at the car sales of Toyota for the previous month. We’ll also compare the YoY and MoM change to find out which Toyota cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you…
Chief Economic Adviser (CEA) to the government of India, Anantha Nageswaran, has expressed support for the Reserve Bank of India’s (RBIs) decision to impose restrictions on unsecured personal lending. During a CII event, Nageswaran cautioned against premature triumphalism, highlighting the significant growth rate of 30% in unsecured personal loans. “Unsecured personal loans were growing at the rate of…
Ensuring a positive impact on the forestry industry across the southern United States, Martin Sustainable Resources LLC in Alexandria recently donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by June 2024. The…
BMW’s M cars to continue using inline-six, V8 engines Auto 2 min read Electric M cars are not track-ready yet BMW’s high-performance division, BMW M, has chosen not to follow Mercedes-AMG’s approach of using smaller engines. Instead, they’ll continue using its current inline-six and V8 engines until they eventually switch to fully electric powertrains. BMW…
Shortly after opening, IREDA’s retail division quickly sanctioned its first loan amounting to Rs 58 crores under KUSUM-B. (Photo: Bloomberg) State-owned Indian Renewable Energy Development Agency has floated a retail division for providing loans under PM-KUSUM scheme, Rooftop Solar, and other Business-to-Consumer (B2C) sectors. IREDA Chairman & Managing Director Pradip Kumar Das announced…
WICHITA, Kan. (KWCH) -Are you looking to surprise someone with a gift this holiday season? People may tell you what they want but no one has ever asked for something they’ve never seen or even heard of before. Tech gadgets make great surprises because many of them aren’t widely known. And someone on your list…
In this November 2023 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all sedans in India. Where applicable, we’ll also include our observations based on the sales data and possible reasons behind a massive increase or drop in sales. Lastly, the table with monthly sales of all…