According to a survey by Criteo, people have started looking for new ways of entertaining themselves. The report highlights a change in online shopping trends as well. About 45% of respondents downloaded a new retail shopping app and 4 out of 10 respondents downloaded new apps for grocery/alcohol/food delivery.
As the economy shifts from "respond" to "recoup", it has created new avenues for fin-techs to come up with new products, acquisition, technologies and initiatives to help ease customer’s woes and contribute towards building a stronger economy.
Indian banks have struggled with poor recoveries for a long time. There is a risk that banks may now extend credit to even structurally weak borrowers with dimmer recovery prospects, due to a one-year moratorium on registering fresh insolvencies amid weaker future incomes.
Soon a new group of trained Food Safety Mitra (FSMs) – will change the shape of things to come – under the ‘Eat right India’ movement. The ‘Eat right India’ movement an innovative concept mooted by the country’s food regulator FSSAI - seeks to help small and medium food businesses comply with the safety laws -- by facilitating licensing and registration, hygiene ratings and training.
FSSAI is constantly making efforts to educate consumers to reduce the consumption of salt, sugar and fat in their diet as a part of the ‘Eat Right India’ movement
FSSAI has made strategic and smart investments in outreach activities to engage and empower citizens. The DART Book and the Food Safety Magic Box have been developed to enable citizens to test common food adulterants at home and in school laboratories respectively. These are being converted into short videos for mass dissemination.
Cadbury as a brand, believes that even if there’s one thing that can shine a beam of light through the cracks in an increasingly divided world – is Generosity. A little bit of generosity can go a long way and often it’s the smallest things that have the biggest impact.
The Reserve Bank of India (RBI) is soon going to issue new currency notes valued Rs 20 bearing the signature of the 25th RBI governor Shaktikanta Das. Unlike the old orange-colored Rs 20 notes as part of the Mahatma Gandhi Series, launched in Aug 2001, the new note will have a motif of Ellora caves on its back portraying India’s rich and diverse cultural heritage.
Reserve Bank of India RBI, has cancelled the Certificate of Registration and blacklisted a number of non-banking financial companies (NBFCs) flouting all norms under the Prevention of Money Laundering Act (PMLA).