Banks and financial institutions provide 6-12 months of additional time, beyond which you need to negotiate.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
The 50-share NSE Nifty ended at 9,143.80, up 43 points, or 0.47 per cent, after moving between 9,153.15 and 9,109.10.
Bombay Bullion Association to develop a software for the same.
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
The bank's profit is buoyed by robust growth in its commercial banking and mortgage businesses.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
'The RBI is something like a seat belt. As a driver, the driver being the government, it has the possibility of not putting on a seat belt but of course if you do not put on your seat belt you get into an accident and the accident can be quite severe,' Raghuram Rajan told CNBC TV18. 'The aim of the board is to be Rahul Dravid -- sensible, thoughtful and not, with due respect, Navjot Sidhu,' he added.
It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
Index heavyweights ITC was the top gainer along with RIL and HDFC
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
There is a case for analysing the fiscal deficit, separately for expenditure and investment.
Nitin Desai suggests some concrete measures to revive investment and boost growth.
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
Chidambaram said banks have been asked to strictly adhere to the norms on gold imports.
'The household sector, which is still the largest contributor of financial savings, has been experiencing a decline in the last six years, and it has fallen below 8% of GDP.'
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
'There is core BJP support on the Hindutva line. It will continue.' 'Along with that, the BJP is ready to play the OBCs trifurcation card to its benefit.' 'If you see the post-Kairana result, the BJP spokespersons and IT cell have already begun talking about Hindu unity against Muslim unity, Ram vs Allah.'
A freely convertible country must have sound macroeconomic policies.
'One thing is sure: After this Budget, no Ambani-Adani tag will be attached to the government.'
Valuation-wise, the markets look more attractive now
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
Till March 2011, things were manageable.
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
Despite the possibility of the economy bottoming out, the investment cycle could remain weak for another couple of years and earnings downgrades should continue.
The officers did not arrest Neeraj Singhal despite CBI Director Ranjit Sinha's orders.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
'If any party talks too much about Muslims, it will lose.'
After acquiring Grama Vidiyal Microfinance last year, IDFC Bank is looking for opportunities to strengthen its retail capabilities, says Rajiv Lall, its chief,
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.