Banks have been patient and flexible in rescheduling loans.
'The main reason people go to other countries is unemployment in Punjab'
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Participants are keenly waiting for the January IIP.
This was the near-unanimous replies of 10 market participants.
Lock into these long-term bonds for higher interest rates and capital appreciation
In 2010, ministry told its officers nominated on PSB boards to stay away from big-loan panels; central bank followed suit.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
'The role reversal of those in favour of GST and those opposing it is troubling.'
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
The S&P BSE Sensex ended 190 points up at 23,382.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
Credit profiles have turned healthier from a year ago
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
The price differential between diesel and petrol has narrowed. But there are still enough reasons to opt for the diesel variant.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
Additional levy to eat into Rs 6,000-crore income of top promoters
The depreciating rupee against dollar has a short-term benefit for the IT industry and the sector should not depend on currency management for profits, a top functionary of industry body Nasscom said.
Metals bucked the trend and shone across the board.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The central bank had nudged banks to cut lending rates.
Oil and gas sectot may not put up good numbers in Q4.
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
Sun Pharma stock has appreciated at 35% a year for 20 years
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
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