'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
Trinamool Congress's slogan of 'Satatar Pratik' (symbol of honesty) has been challenged by BJP's slogan, 'Gali, gali mein shor hai, Mamata Banerjee chor hai'.
Previous peak in 2010 crossed in first five-and-a-half months this year.
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
Stock prices is due to valuation expansion
While some companies used that to become world leaders, others squandered it by over-borrowing.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
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