The manifesto said that loans of poor farmers and farm labourers will be waived off and loans of SCs and BCs will also be waived off.
According to ICRA, even in a high-growth scenario, wherein the second half of FY20 sees the incremental bank credit rise to Rs 6.5-7 trn, there will still be a 40-45% year-on-year decline.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
US President Barack Obama has stepped up his personal engagement with lawmakers over the government shutdown, which the White House hoped would help in resolving the current economic crisis including the one of raising the debt ceiling by October 17.
The Union Budget 2016-17 has cheered the NBFC sector
There are various mutual fund schemes to choose from, such as equity-diversified funds, mid- or small-cap funds, debt funds and so on.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Four years after setting up a "home away from home" in the Franschhoek winelands of Cape Town, he is increasing his investments in the hospitality sector in South Africa.
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
'I was shocked by the kidnapping episode. I could have lost my life.'
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
The two signed the deal almost six years after a business restructuring announced by them.
Fitch expected inventory turnover to improve on a sector-wide basis.
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
Investment advisor Sheetal Jhaveri busts popular money myths to make you a confident investor