About Rs 2,000 crore of realty money has flown into stocks in the National Capital Region in the months after demonetisation.
RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.
Of the 170 million rural households in the country, a government website claims to have connected 82 per cent of them. The metered households are 50 per cent of the total. As on February, 2018, of the 780,000 villages to be intensively electrified or provide connection to all in households, 493,000 have been covered. However, the amount and quality of the power supply cannot be ascertained from this data. No clause in any of the rural electrification programmes promises 24 hours' power supply.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
The limit of indebtedness comes down to Rs 15,000 crore from 2018-19, and then Rs 10,000 crore from April 2019 onwards
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
India's economic growth accelerates to 7.4% in Sept quarter
Private lenders have also been expanding their branch and automate teller machine networks aggressively.
Aided by the new initiatives of the government, there has been a huge drop in imports
Experts said the higher pay out will boost consumption demand.
Punjab National Bank has the largest share.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Experts said a future rate cut would depend on the inflation.
This time there has been a rather peculiar criticism of the latest GDP numbers.
Bad debt rules are steps in right direction.
India showed revival signs in the March quarter.
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.
Rather, the existing ones should be implemented speedily to clean up the mess.
With weekly additions slowing, it's likely that demand could be slackening
Prabhu's maiden Railway budget is high on vision.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Mixed global cues and decline in crude oil prices further dent the sentiments.
A collapse in global oil prices has unleashed a wave of monetary easing.
Petrol prices on Thursday crossed Rs 73 a litre mark, the highest level since the BJP government came to power in 2014, while diesel touched a record high of Rs 64.11 a litre.
Taxes on health, excluding medicines, could rise from 8.8 per cent currently, to around 13.6 per cent - an increase of 4.8 per cent.
Moving from pricing control to a free market means stiff competition.
Power generation and distribution is the most indebted sector
The budgeted indirect tax collection target is Rs 9.26 trillion, and the Centre has collected around Rs 5 trillion in the first 8 months. So it needs another Rs 4.2 trn in the last four months
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
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.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
The cut-off date the RBI chose was March 1, 2018. This meant that by the end of August if these accounts were not resolved, then they would have to proceed through insolvency.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Tata Motors was the top gainer on better-than-expected June quarter revenues
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
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.
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