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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Baby boy names inspired by the mighty Saturn

Across the world, there are people who associate the planet Saturn with discipline, power, patience, responsibility, and wisdom. In the Indian zodiac system, the planet Saturn is called “Shani,” and he is considered to be one of the most powerful planets. The meaning of the names of children who are influenced by the planet Saturn…

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‘Only real leverage’: Iran unlikely to reopen Strait of Hormuz anytime soon, claims US intelligence report

Recent US intelligence reports indicate Iran is unlikely to reopen the Strait of Hormuz anytime soon, as control of the key oil chokepoint remains its main leverage against the United States, Reuters reported.Click here for live updates Tehran, which controls one side of the sea route, has effectively blockaded the strait in response to the…

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