Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
The asset size of Indian mutual funds have grown by about 200 per cent from Rs 47,000 crore (Rs 470 billion) in March 1993 to Rs 1,40,000 crore (Rs 1,400 billion) in December 2003.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.
The fast-growing housing finance market will require incremental funds to the tune of Rs 140,000 crore (Rs 1,400 billion) over the next five years.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Demonetisation is the biggest reason for the rise in preference for small savings.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
Low growth visibility and trouble with regulators have resulted in lack of interest from investors
According to a report by rating and research agency CRISIL, it now takes six years to recover the premium-between Rs 100,000 on small cars and Rs 300,000 on luxury sedans-paid for diesel variants.
Lock into these long-term bonds for higher interest rates and capital appreciation
Credit profiles have turned healthier from a year ago
Experts say local demand, government policies in retail and refining sector are attracting foreign players.
PM's announcement were focused on those most affected by the note ban.
India's new passenger car sales are likely to grow at a compounded 9.5 per cent to cross the 900,000-mark in the year to March 2007 due to rising incomes and cheaper finance, a research report said.
Crops including fruit, vegetables account for 60% of GDP in agriculture, forestry, fishing sector.
The revision of the consumer price index and GDP base years from 2011-12 and 2012, respectively, were dependent on the outcomes of the consumer expenditure survey of 2017-18 that the government decided to junk recently.
For banks, the package will limit the burden of provisioning for stressed loans. Besides, the proposed restructuring package for MSMEs with a credit of up to Rs 25 crore is expected to provide a breather to units from this sector.
A freely convertible country must have sound macroeconomic policies.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.
CRISIL chief economist D K Joshi is of the opinion that GDP is an indicator of the health of the economy.
The capital infusion would help improve the financial health of banks. While some banks would get necessary regulatory capital while others would get it for fueling growth.
His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
The return of private investment now struggles with lack of funds and election-driven uncertainty.
For fast-moving consumer goods, growth is likely to be tepid.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
Rupa Kudva, managing director and chief executive officer of credit rating agency CRISIL, talks about her career lessons and success mantras.
The MSME sector, which is employment-intensive, accounts for 45 per cent of the country's manufacturing, 40 per cent of exports and nearly 8 per cent of gross domestic product.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
Industrial production (IIP) grew to a three-year high of 6.4 per cent in August, up from 4.1 per cent in July.
Govt could cut the GST rate payable every time someone buys a health insurance product; or it could also provide a larger income tax set off for those who buy a health insurance product
Banks have been patient and flexible in rescheduling loans.
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