A lower CIBIL score enables banks to charge higher interest rates. This raises questions about a concerning nexus between financial institutions and credit bureaus.
The collapse of the highly rated infrastructure operator-financier IL&FS Group exposed the fault lines under Indian shadow banks’ impressive credit edifice.
The question is one of identifying what datasets are being used to arrive at credit scores and if there is a need to set boundaries beyond which the law must step in.
One of the major bonanzas is tax holiday till 2047 to foreign companies providing cloud services from Indian data centres. NASSCOM welcomes govt's decisions.
The surge in capital budget considers a slew of mega contracts set to be signed next fiscal, including the one for 114 Rafale jets for the Indian Air Force.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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