'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.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
In order to be eligible for a loan when you really need one, it is imperative to maintain a good credit score. By having a good mix of debt and servicing it regularly, you can maintain a good credit score and be loan ready at all times.
Nifty has a virtual monopoly in the index derivatives segment.
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
After every corporate announcement, check your demat and bank accounts for necessary credits.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Rumours that Mr Xi was a market reformer appear to have been exaggerated.
It's simple. To begin with, just keep your credit habits in check
Xi and Modi met soon after their arrival at a summit of the BRICS group of emerging powers. Xi said the two countries should join hands in setting global rules and suggested he attend the November meeting of the 21-nation APEC in Beijing, as well as take part in Chinese-led regional initiatives.
Bringing in the untapped informal sector into the formal one will benefit business.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
Private investment will respond only to sustainable reform.
Jaitley assured that both the banking system and the government will make the resources available to them.
'The UPA was never soft on Pakistan, terrorists and even China, but Sonia Gandhi's Congress rightly earned a "soft" image on issues of hard national interest, leaving the field open for Modi to take it and wrap it around with his implicit Hindutva,' says Shekhar Gupta.
While it is the right-leaning Bharatiya Janata Party(BJP) which chose Kovind, Narayanan, a diplomat-turned politician, became vice president in 1992 and the president in 1997 courtesy active support from the Left, which had proposed his name first
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
This Children's Day, groom your child to be financially responsible, says Arun Thukral, MD & CEO, Axis Securities.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
The MG Hector has grabbed a lot of attention and interest, especially for its segment-above technologies.
The Indian Army and more recently the Indian Navy have already set up dedicated intelligence branches. It is surprising indeed that the IAF, where real time and timely intelligence is most vital for effective and safe prosecution of the air war, has still not done so itself, says Group Capt (retd) P I Muralidharan.
If you are wondering what all this is about and why should your wife need an independent score then read on to find out.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
Payment banks may not be viable option to attain financial inclusion.
The recent agreement between the RBI and the Centre marks a significant step forward toward financial inclusion.
