India has one thing that China has - the potential to be of interest as a huge market in its own right.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
ICICI Bank on Sunday said there is also enough space for Chinese banks to play a complementing role in the India.
Modi's government plans to support domestic demand
Without periodic booster shots to display of strength, how is this government what it aims to be? There was also the landscape of prosperity pictured; the in-season affair with 'amrit' stretched to a longer residence in 'Amrit Kaal', notes Shyam G Menon.
'He's at best a holding-CEO. Not one who will re-imagine the bank,' a senior banker and former colleague tells Raghu Mohan about HDFC Bank CEO & MD Sashidhar Jagdishan.
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
Companies with more than Rs 10,000 crore of debt would seek refinancing.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
Observing that MSME sector plays an important role in the growth of the Indian economy, RBI said the restructuring of the borrower account has been extended by further one year to March 31, 2021.
Pallon has already joined the boards of some of the unlisted companies such as Afcons
Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved small and medium enterprises.
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
No need for extra stimulus, India to hit around 8 pct growth: adviser
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
The ED is contemplating a special audit of the account in the backdrop of rating agencies downgrading various debt papers of IL&FS.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Automobile dealers' body FADA said the Budget lacked immediate demand boosters for the automobile industry.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Rogue lending under political influence was rife in the Congress-led regime and is not happening in the Modi regime, certainly not on that scale. But if PSBs cannot lend as indiscriminately as they did last time in the name of 'credit expansion', how well will these banks do, asks Debashis Basu.
'There is no change in the overall story of economic recovery.'
India needs to follow countries such as Singapore who have and are further bolstering their cyber security apparatus.
The Survey shows fiscal consolidation despite slowdown in growth.
There has been a decent growth in FDI proposals and new announcements in India to attract foreign investment.
Bandra-Worli sea link has still not been able to make money for MMRDA in spite of steep toll for car owners.
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
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