Research suggests hidden listings can reduce bidders and expected price

North Korea condemns US, allies after NATO summit, vows to safeguard sovereignty

By Siddhi Nayak and Divya Patil   Indian microfinance lenders are facing renewed strains on their portfolios as price pressures and weak monsoon threaten rural incomes, raising the risk of defaults across the industry’s $35 billion loan book.   “A weak monsoon could slow loan growth as lenders tighten underwriting standards and…

Westpac and Macquarie are the last of the big five to pass on February’s cash rate hike to their variable home loan rates, joining a flood of lenders lifting rates this week. More than 30 lenders increased their home loan rates this week, the vast majority passing on February’s 25-basis point cash rate increase to…

Around three-fourths of India’s more than 60 million digital-payment-accepting merchants have never recorded a transaction of over ₹2,000 and are insulated from the proposed levy on certain Unified Payments Interface (UPI) payments, National Payments Corporation of India (NPCI) Managing Director and Chief Executive Officer Dilip Asbe said on Thursday.  Asbe’s comment on the impact of…

The Pension Fund Regulatory and Development Authority (PFRDA) has proposed 10 changes to the rules governing Points of Presence (PoPs), which serve as the access points for National Pension System (NPS) subscribers.   The proposals could widen the network of entities offering NPS services, make digital onboarding easier and change how PoPs are regulated and…

For brokers, hedge funds and proprietary trading firms, the spread that matters is not the one on the screen — it is the one actually paid once slippage and rejections are counted. Drovix (MU) Ltd, a principal execution counterparty licensed by the Financial Services Commission of Mauritius as an Investment Dealer (Full Service Dealer, licence…