The harrowing tales of deceit and harassment by loan apps with accounts of relentless torment, blackmail and tragic suicides. Due to regulatory inaction, these apps continue to thrive, victimising unsuspecting consumers.
Torrent Power supplies power to Bhiwandi near Mumbai, and powerloom owners allege that power bills have doubled or tripled since the franchise was brought in, which has dealt a blow to the Rs 10,000 crore powerloom industry here.
Cryptocurrency regulation in India | Examining the Impact of Ambiguous Cryptocurrency Policies on Investors and the Broader Impact of this on the Indian Economy
In a concerning trend that has caught the attention of consumer advocates and regulatory bodies alike, illegal loan apps have managed to thrive, exploiting unsuspecting consumers while authorities struggle to effectively clamp down on their operations. This investigative news report delves into the disturbing world of these unscrupulous entities, shedding light on how they continue to operate with impunity, leaving countless individuals vulnerable to their deceptive practices. Despite growing concerns and mounting evidence of their exploitative tactics, the lack of effective enforcement measures has allowed these rogue loan apps to flourish, posing a significant threat to consumers' well-being.
Launched in 2014 to transform India into a global manufacturing hub, the Make in India initiative captured the nation's imagination as a bold and ambitious plan to stimulate economic growth, boost job creation, and attract foreign investments. Now, nearly a decade since its inception, the time has come to evaluate whether the Make in India initiative has fulfilled its promise and met its expectations.