How RBI's new P2P lending rules can hamper MobiKwik's IPO dream

IANS | October 27, 2024 5:14 PM

New Delhi, Oct 27 (IANS) The initial public offering (IPO) of fintech company MobiKwik may hit a significant roadblock with the new rules for P2P lending implemented recently by the Reserve Bank of India (RBI) and these can affect the company's business too.

Premium FMCG brands see growth surge in India, constitute 50 pc of e-commerce sales

IANS | October 26, 2024 2:28 PM

Mumbai, Oct 26 (IANS) As private consumption surges especially in the rural parts of the country, premium brands in FMCG are consistently growing -- approximately twice as fast as their non-premium counterparts -- and 50 per cent of e-commerce sales stem from the premium and luxury segment, according to a new report.