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Manufacturing activity slows to 1-year low level in December, shows PMI – Times of India

Manufacturing activity slows to 1-year low level in December, shows PMI – Times of India

NEW DELHI: Manufacturing activity in the country slowed to 12-month low in December as factory orders and production expanded at a softer rate.December data showed the sector improving to the least extent in 2024, amid softer increases in output, new orders and stocks of purchases. Rates of growth remained substantial, however, underpinning further expansions in buying levels and employment. The …

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New RBI norms make it tough to get multiple personal loans – Times of India

New RBI norms make it tough to get multiple personal loans – Times of India

MUMBAI: Retail borrowers will find it difficult to over-leverage by obtaining multiple personal loans in the new year. A new norm, that requires lenders to update credit bureau records within 15 days instead of one month earlier, is kicking in. With records being updated every two weeks, fewer borrowers will qualify for multiple loans.The directive to lenders and credit bureaus …

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