Microfinance replaces informal credit: Report

MUMBAI: A structural shift is reshaping India’s microfinance sector, with regulated lenders displacing informal sources as borrowing from moneylenders fell to 1% in 2024–25 from 46% in 2011, according to a survey by Microfinance Industry Network and National Council of Applied Economic Research.The survey, which covered 10,342 borrowers across 10 states, shows a maturing market…

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Bimal Oberoi compares Hamza–Shirani bond to MS Dhoni–Yuvraj Singh World Cup moment; recalls Ranveer Singh, Akshaye Khanna’s ‘aura’ | Hindi Movie News

As Aditya Dhar’s Dhurandhar: The Revenge continues its strong run, Bimal Oberoi has opened up about his experience working with Ranveer Singh, Akshaye Khanna and director Aditya Dhar — while also shedding light on the emotional Hamza–Shirani dynamic that struck a chord with audiences. As Aditya Dhar‘s Dhurandhar: The Revenge continues its strong run, Bimal…

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Rupee-dollar movement driven by global and domestic factors, FM Sitharaman says RBI steps in only to curb volatility

Union Finance minister Nirmala Sitharaman on Sunday said movements in the rupee against the US dollar are influenced by a combination of global and domestic factors, stressing that the Reserve Bank of India intervenes only to contain excessive volatility and not to defend any specific exchange rate.Addressing reporters at Devanahalli near Bengaluru during an event…

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We’ll make Air India great again: Gebremariam

We’ll make Air India great again: Gebremariam NEW DELHI: “Focus on safety, financial stability, winning trust of passengers and offer a consistent customer experience.” Tata Sons and Air India chairman N Chandrasekaran Monday set the objectives for the airline and its new boss in a town hall with the carrier’s outgoing and incoming MDs and…

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US stock markets today (May 6, 2026): Wall Street rallies to record highs, crude oil tumbles on Strait of Hormuz reopening hopes

US stock markets surged on Wednesday while oil prices plunged sharply as investors bet on a possible breakthrough in US-Iran negotiations that could reopen the Strait of Hormuz and restore global crude supplies, AP reported.The S&P 500 climbed 0.8 per cent and headed towards another record close. The Dow Jones Industrial Average rose 487 points,…

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Kevin Costner’s ‘Horizon: An American Saga – Chapter 1’ Hits Streaming After Box Office Struggles |

An Academy Award-winning actor, director and producer, Kevin Costner is best known for his iconic roles in movies such as ‘Dances with Wolves’, ‘The Bodyguard’ and the popular TV show ‘Yellowstone’. The all-round entertainer has made a legendary career of decades and gained respect in both the film and television industry. His ambitious passions have…

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