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peer-to-peer lending industry has slumped to a major slowdown with most of the large players in this space staring at an uncertain future, after the Reserve Bank of India came down heavily on the sector last year for not properly abiding by regulatory guidelines. The P2P sector’s assets under management (AUM) have shrunk to less than Rs 3,000 crore from around Rs 10,000 crore a year back, according to two founders of P2P lending startups, who spoke on the condition of anonymity. “There are hardly any new loans that are being done by the platforms; most of the large platforms have stopped onboarding so business is staring at a major uncertainty,” said one of the founders.

Sebi) is likely to discuss a framework for the disclosure of members' conflicts of interest at its first meeting under new chairman Tuhin Kanta Pandey on March 24, said people with knowledge of the matter. The board will also consider a proposal on the appointment process for key management personnel at market infrastructure institutions such as stock exchanges and easing rules for foreign portfolio investors (FPIs).

Jessica Aber, the former U.S. Attorney for the Eastern District of Virginia, on Sunday found dead at her home in Virginia. She was 43-year-old, as per a report. The cause of death, which will be declared by Virginia medical examiner, is yet to be ascertained, Independent reported. Aber was nominated to the Attorney for the Eastern District of Virginia by former President Joe Biden during his tenure, according to the Independent report. Aber resigned a day before President Donald Trump was sworn in for the second time in January. “I’ve had the privilege of spending my career as a prosecutor in the Eastern District of Virginia working alongside talented, hard-working public servants who manage matters affecting citizens here and across the world,” said Aber in the January statement of her resignation. Aber’s time in office was not without its challenges. The Eastern District of Virginia, often referred to as the «Rocket Docket» due to its efficient handling of cases, was tasked with an increasing number of complex and high-stakes cases.

Congress parliamentarian Jairam Ramesh on Sunday wrote to information technology minister Ashwini Vaishnaw, urging him to «pause, review and repeal» Section 44 (3) of the Data Protection Act, 2023, claiming that otherwise it would eliminate the proviso in Section 8 (1) of the Right To Information Act (RTI), 2005, which gives citizens equal right to information as legislators who represent them. Pointing out that Section 44 (3) of the Data Protection Act, 2023, states that «In section 8 of the Right to Information Act, 2005, in sub-section (1), for clause (j), 2005, the following clause shall be substituted, namely, (j) information which relates to personal information», Ramesh argued that «the implications of this on Section 8 (1) (j) of the RTI Act, 2005, are that almost everything in it gets deleted.» Maintaining that proviso in Section 8 (1) of the RTI Act, 2005, that gives citizens equal right to information as legislators who represent them is eliminated, Ramesh told Vaishnaw: «The existing Section 8 (1) (6) of the RTI Act, 2005, had enough guardrails to protect unwarranted invasion of privacy.

borderless world' was first propagated by Kenichi Ohmae, author of The Mind of the Strategist, in the 1990s. He predicted an era in which national boundaries would become less significant, and the free flow of goods, services, capital and information would define global trade and commerce. His theory embodied the zeitgeist of late 20th-century trade. The dawn of the 21st century appeared to vindicate his foresight, with trade liberalisation, tech breakthroughs, and MNCs propelling the globe toward economic interdependence. But the question now is whether idealism survives the political opportunism. The Trump administration's tariffs and economic nationalism raise the question of whether the era of a borderless world is coming to an end. With political slogans such as 'America First', and MAGA, Trump seeks to recalibrate trade dynamics by imposing punitive tariffs on imports from countries like Canada, Mexico, India and China.

Trump, who says he wants to be remembered as a peacemaker, has repeatedly said that he wants the three-year conflict in Ukraine to end and has warned of the risks of it escalating into a world war between the United States and Russia. There have so far been two announced phone calls between Putin and Trump this year — on Feb. 12 and on March 18 — though there has been speculation about much more frequent contact, and also reports that they spoke before Trump was elected last year. When asked by the most prominent Kremlin correspondent for state television about remarks by Trump that indicated there may have been more than two calls, Kremlin spokesman Dmitry Peskov said information had been released about those calls he knew of. «Listen, we inform you about the conversations that we are aware of. But we can't rule out everything else,» Peskov said.

Trump administration, the biggest concern for many journalists was labels. Would they, or their news outlet, be called «fake news» or an «enemy of the people» by a president and his supporters? They now face a more assertive President Donald Trump. In two months, a blitz of action by the nation's new administration — Trump, chapter two — has journalists on their heels. Lawsuits. A newly aggressive Federal Communications Commission. An effort to control the press corps that covers the president, prompting legal action by The Associated Press. A gutted Voice of America. Public data stripped from websites. And attacks, amplified anew. «It's very clear what's happening. The Trump administration is on a campaign to do everything it can to diminish and obstruct journalism in the United States,» said Bill Grueskin, a journalism professor at Columbia University. «It's really nothing like we saw in 2017,» he said. «Not that there weren't efforts to discredit the press, and not that there weren't things that the press did to discredit themselves.»

The state government will provide financial assistance to students preparing for competitive examinations and youth with graduate degrees. Training will be arranged to develop their employability skills through a dedicated platform. For this, the government will constitute a high-level committee. A concrete policy will be prepared soon for the regular appointment of Upanal and contract workers. Apart from this, government works up to ten crore rupees will be given only to local contractors of the state. The Chief Minister made these announcements in a program organised at the Parade Ground on the occasion of the completion of three years of service, good governance and development. There was a large number of enthusiastic attendance of people in the program. In his address, Chief Minister Dhami first paid tribute to the immortal fallen soldiers of Uttarakhand and Sardar Bhagat Singh ji, Rajguru ji and Sukhdev ji on Shaheed Diwas. He said that under the guidance of Prime Minister Narendra Modi, Uttarakhand has achieved success while facing various challenges.

Delhi Legislative Assembly will commence on Monday, at 11:00 AM, and the first budget of the newly elected Delhi government will be presented a day later. Delhi Legislative Assembly Speaker Vijender Gupta said that the session will commence tomorrow in the Assembly Hall, Old Secretariat in the national capital. «Tomorrow is the first day of the Budget Session. The budget will be presented on March 25. The CAG report will also be tabled during the budget session,» Vijender Gupta told media here on Sunday. The Budget Session is a crucial period in the legislative calendar, during which key financial and policy matters will be discussed and decided upon. The session is tentatively scheduled to run from March 24 to March 28, 2025, with provisions for extension if required. Notably, in the Budget session, the CAG report on the functioning of DTC will be tabled in the House, the Delhi Assembly Secretariat said in a statement. This would be third CAG report which will be tabled on Monday in the House

The Bihar Board Inter exam 2025 results can be checked using BSEB login credentials like roll number and date of birth. Along with the BSEB Class 12 results, passing percentages, toppers, re-evaluation, and supplementary exam dates details will also be announced. The BSEB Class 12 exams took place from February 1 to February 15, 2025, across 1,677 centers in Bihar, with a total of 12,92,313 candidates appearing for the exams.

Market leaders IndiGo and Air India Group, along with SpiceJet, told the aviation regulator they can’t share the data as disclosing the information would lead to commercial setbacks, according to a March 11 letter by the Federation of Indian Airlines that was seen by Bloomberg News. The move is set to impact the government’s plan to strengthen monitoring of fares in a market where IndiGo and Air India Group together control over 90% of the share of domestic aviation following a merger last year. That dominant position gives IndiGo and Air India a greater say in deciding fares and has fueled concern among policymakers. While fares aren’t regulated in the South Asian country, interventions, including asking airlines to add flights or cut fares, have increased after a sharp spike in prices during a Hindu religious gathering in February was widely criticized.

The golf legend and Vanessa, Donald Trump Jr.'s ex-wife, have been quietly dating and spending time with their children in Florida. The shocking romance between Woods and Trump was first reported by the Daily Mail last week.

Parliamentary constituencies, based on the 1971 Census population, by another 25 years and decided that MPs would submit a joint representation to press for demands to Prime Minister Narendra Modi during the ongoing Parliamentary session. A resolution adopted in the JAC meeting said that any delimitation exercise carried out by the union government to improve the «content and character» of democracy should be carried out transparently, enabling political parties of all the states, state governments and other stakeholders to deliberate, discuss and contribute. «Given the fact that the legislative intent behind the 42nd, 84th and 87th Constitutional amendments was to protect / incentivise states which have implemented population control measures effectively and the goal of national population stabilisation has not yet been achieved, the freeze on Parliamentary constituencies based on 1971 Census Population, should be extended by another 25 years,» it said. The states which have effectively implemented the population control programme and consequently whose population share has come down, should not be penalised and the Centre must enact necessary constitutional amendments for this purpose. «The core committee consisting of Members of Parliament from the represented states will coordinate the parliamentary strategies to counter any attempts by the union government to undertake any delimitation exercise contrary to the principles mentioned above. The core committee of MPs shall submit a joint representation on the above lines to the Prime Minister of India during the ongoing Parliamentary session,» the resolution said.

Saurabh Rajput, was allegedly murdered by his wife, Muskan Rastogi, and her lover, Sahil. Police investigations revealed that Sahil directed Muskan to stab her unconscious husband three times in the heart, promising her a new life after the crime.

Reserve Bank of India (RBI) has released the premature redemption schedule for Sovereign Gold Bonds (SGB) 2025 for the period from April to September 2025. According to the schedule, there are three SGBs that are due for premature redemption in the month of April.

interest equalisation scheme and its merger with the export promotion mission is going to adversely affect the Indian exporters and it should be extended till the operationalisation of the mission, according to a report of a Parliamentary panel. The mission which was announced in the budget has an outlay of Rs 2,250 crore. The Department of Commerce has informed the Standing Committee of Parliament on Commerce that under the export promotion mission (EPM), it is working to carve out an umbrella scheme with various components, in consultation with the ministries of Finance and MSME. «Once the cabinet approves the scheme, additional funds required will be sought from the Department of Expenditure,» the commerce department has informed the committee.

Perplexity on Friday expressed its interest in buying TikTok, which faces a deadline to divest from its Chinese owner or be banned in the United States. Perplexity in a blog post laid out a vision for integrating its AI-powered internet search capabilities with the popular video-snippet sharing app. «Combining Perplexity's answer engine with TikTok's extensive video library would allow us to build the best search experience in the world,» the San Francisco-based firm reasoned.

Subscribe to enjoy similar stories. Mumbai: In a significant step towards the potential listing of India’s largest bourse, the National Stock Exchange of India Ltd will lift a key hurdle that stood in the way of faster transfers of its shares. The stock exchange has informed its shareholders that the existing process for transferring its shares will be lifted on Monday, implying that NSE shares can be credited to a buyer’s account more expeditiously than in the current 2-4 months.

Pentagon spokesman Sean Parnell rejected a report in the The New York Times which claimed that billionaire Elon Musk would be briefed about U.S. military plans against China on Friday. Appearing on Fox & Friends, Parnell invalidated the magazine story while asking the NYT to remove its article.

Telecom equipment sales have reached Rs 78,672 crore under the production linked incentive (PLI) scheme, of which exports contributed Rs 14,963 crore till January 31, 2025, the government has informed Parliament. As part of the scheme, companies have invested Rs 4,081 crore and generated employment for 26,351 individuals as on January 31, 2025, Pemmasani Chandra Sekhar, Minister of state for communications and rural development, said in a written reply in the Rajya Sabha yesterday. The Department of Telecommunications (DoT) had notified the PLI scheme on February 24, 2021, to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore.