Trump’s trade blow aimed at Chinese e-commerce could land on his MAGA support base

It doesn’t take an economic genius to pinpoint the allure of Chinese e-commerce giants. The rapid growth of platforms like Shein, PDD Holdings’ Temu and Alibaba Group’s AliExpress was never about the quality of their products, ethical supply chains, customer service, or even US consumerism and excess. It’s always been about their ultra-low prices. As…

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Bajaj Finance loan loss provisions jump, NBFC to focus on collection efficiency

Mumbai: Bajaj Finance’s loan loss provisions surged in the first quarter (April-June) of this financial year, driven largely by muted collections and higher provisioning requirements for ageing delinquencies. This, the Pune-based non-bank lender said, has prompted it to now focus on improving its collection efficiency, which indicates the proportion of a loan’s repayment amount that…

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