With the disruption caused by the second wave of Covid-19 pandemic, the 'fear of unknown' is looming over the government's privatisation drive. Although there is a lot of uncertainty and unpredictability on how things will unfold, the government is hopeful of completing the transactions listed in the Budget with a delay of one to two months, said a top government official. However, "there are many unknown factors now, and we do not know whether there could be a third wave. But we are trying to carry on with our work", the official said." Since there is a lot of uncertainty, the estimates will have to be revised as rating agencies are revising their outlook for growth.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
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A weak rupee makes imports costlier, including oil and other commodities.
The rupee will largely remain stable but with a mild depreciating bias in the next one year
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
Just avoid these credit card mistakes and live your second innings in style, says Rajiv Raj
Buyer actor-producer Sachiin Joshi, who owns Viiking Media, has reportedly bought the villa, spread over 12,350 sq ft or three acre at Candolim.
If banks cannot charge interest from borrowers during the moratorium, who will bear that cost? Should the depositors subsidise the borrowers by foregoing interest on deposits? In that case, we will turn banking on its head! notes Tamal Bandyopadhyay.
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.
SBI remains a favourite of most brokerages in the PSB segment.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Existing and new customers will find it easier to manage or raise loans as banks start cutting rates.
Banks have not cut rates yet as March is typically a busy season.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Asian shares ended higher after a string of positive US economic data.
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
Money is a touchy topic for most of us. Money fights between couples are all about control and freedom. Keeping the communication channels open and respecting each other's attitudes can help couples manage finance better.
Three years after IDBI became a bank, Yogesh Agarwal, bank's third chairman and managing director in as many years, is trying to put the pieces in place. After all, as he pointed out in an interview with Business Standard, the erstwhile development financial institution is grappling with a unique situation, where IDBI and the two commercial banks it acquired since 2005 offer loans at different interest rates.
Inflation indexed bonds assure a positive return over inflation.
A lot of mid and small-caps are in the bubble zone and command high valuation and have corrected sharply.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
Here are six New Year Resolutions which will definitely help in achieving your financial goals in the long run.
Mallya said the allegations of money laundering and stealing money against him are 'completely false'.
Women are multitasking and management queens. The pointers here can easily be managed by all women along with juggling their current tasks at hand. Superheroes are fictional whereas superwomen are real. They are all around us!
British magistrate presiding over Mallya extradition case says India's prison standards are not up to the mark
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Rajiv Raj tells you why a store credit card is not a good idea, even though you are tempted with extra 'savings' of 10 per cent on your purchase or a 5 per cent cash back or a 'sign on bonus'.
2016 has just begun and the first festival of the year is already here. Makar Sankranti it is! On this occasion let's think about how to get our kites and CIBIL scores to soar high
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
Analysts expect RBI to restore 100-bp corridor in Tuesday's policy review.
Sharing your credit card with the spouse has it perks. Read on to find out more!
Few right moves and you can improve your credit score real fast
There may be huge discounts and easy EMI options on your favourite expensive smartphone, but do not swipe your credit card left, right and centre, warns Rajiv Raj
RBI's surprise rate cut has revived sentiments of India Inc.
Peers describe Sanjay Sachdev, new chief executive officer of Tata Asset Management Company, as a man who can form alliances with ease.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
RBI has, since January, cut its policy rate four times.
If you are the owner of multiple credit cards, here are some dos and don'ts you need to know about credit card management.
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