According to a communication by the ministry to the heads of PSBs, it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level.
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
The optimism stems from benign fuel prices, adequate and well distributed rainfall and the recent measures announced by the government to boost liquidity at banks and NBFCs.
Kolkata Knight Riders' owner and Bollywood icon Shah Rukh Khan on Monday said he would try and find a role for Sourav Ganguly in his IPL team after the former India skipper remained unsold.
Vehicle sales have been hampered by weak consumer sentiment and still-weak availability of financing following tighter liquidity at non-banking lenders since the middle of 2018.
The spotlight is back on the hawala trade in diamonds.
South African fans will be able to snap up half a million unsold World Cup tickets in cash after FIFA agreed on Wednesday to drop a ruling that they could only be bought online or through a ballot procedure. The final phase of sales for the month-long tournament beginning in June will see ticket selling points in shopping malls in the nine host cities plus a network of popular supermarkets.
Dealers say there's been a 20-25 per cent drop in demand.
'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'
18-year-old Afghan sensation Rashid Khan can't wait to start his maiden stint in the Indian Premier League with Sunrisers Hyderabad, where he will be sharing the dressing room with his childhood hero Yuvraj Singh.
After a spectacular show in 2016, Kwid's sales have contracted by 20 per cent during the April-December period of FY18 to 65,572 units.
England Test captain Joe Root is not bitter about his exclusion from this year's Indian Premier League and believes his team mates playing in the Twenty20 tournament will hugely benefit from the experience.
There have been reports of fire breaking out in Nano near the steering column of the car from three different places -- Ahmedabad, Lucknow and Delhi.
Analysts say that PMC Bank case is only going to make matters worse for HDIL and the Wadhawans.
Government officials be under confusion.
It came on the back of tepid dispatches in the March quarter as consumer sentiment took a knocking, owing to uncertainty ahead of the general election.
DLF, Unitech and other real estate developers may lower prices up to 30 per cent by mid-2009 to nudge buyers out of their "wait and watch" stance, according to experts.
As the global economy limps into 2009, barometers for the real estate industry are bleak.
After a lacklustre winter season sale, apparel retailers are now planning to cut their summer purchases by as much as 20 per cent to save holding cost and reduce pressure on working capital.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
the 2015 figure also showed how developers had absorbed some of the increased holding costs.
Smartphone maker BlackBerry will sell most of its real estate holding in Canada in a bid to improve operational efficiencies as the firm is facing mounting losses and unsold handset inventory.
Tata Motors, the country's largest automobile company, may tap its vehicle loans to raise funds for working capital and refinancing of loans for Jaguar and Land Rover acquisitions, investors and analysts said.
Unheralded teenagers Prabh Simran Singh and Prayas Ray Barman attracted astonishing bids during the IPL Players' Auction on a day when superstar Dale Steyn went unsold and once a hot-property Yuvraj Singh went for his base price.
The growth in the PV segment was primarily led by car market leader, Maruti Suzuki India, which saw its dispatches to dealers grow 4.4 per cent YoY to 144,277 units after 10 months of drop. It was driven by new launches, such as the S-Presso, a mini sport UV.
Cumulative sale at India's top six passenger vehicle (PV) makers dropped 0.7 per cent to 267,000 units, from 269,000 a year before.
Maharashtra Governor Ch Vidyasagar Rao, accompanied by Reliance Foundation chairperson Nita Ambani, participated in a Swachhata Abhiyan (cleanliness drive) in the front yard of Sir JJ Group of Hospitals in Mumbai on Saturday.
Analysts at rating agency ICRA say the debt level of the telecom companies is very high and the ecosystem for the premium band is not in place.
Denmark's Mathias Boe is extremely annoyed. And in his anger this shuttler from Denmark has vowed to not visit India after appearing in Thomas Cup next year.
India are eyeing a 10th straight bilateral series win over the Caribbean side.
In a double whammy for real estate developers, banks are likely to raise lending rates to builders by up to one percentage point while consumer interest fades with home loans becoming more expensive.
Yuvraj Singh said Mahendra Singh Dhoni's presence is crucial for India's World Cup chances as he is a guiding force for current captain Virat Kohli and also plays an important role in decision-making.
Dealers attribute the sluggishness in sales to distress in rural India as well as tepid sentiment in urban markets.
India test batsman Cheteshwar Pujara has signed for a second stint with English county Yorkshire to prepare for his national side's tour of the country later this year.
Analysis of data published by 1,074 manufacturing companies with turnover of at least Rs 1 crore (Rs 10 million)(shows they were sitting on unsold finished stock worth Rs 18,950 crore (Rs 189.5 billion) at the end of 2007-08, up almost 70 per cent from Rs 11,164 crore (Rs 111.64 billion) a year ago.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
Australia batsman Usman Khawaja is likely to replace injured Kevin Pietersen in the squad of Rising Pune Supergiants in season 9 of Indian Premier League. Pietersen was ruled out of the IPL on Sunday, leaving the subcontinent with a hole in his calf muscle and in Pune's batting order. If picked, this will be Khawaja's maiden IPL stint. The left-handed top-order batsman had gone unsold at IPL auctions in February despite scoring heavily in Australia's domestic circuit. Pune have not named a replacement for KP, but Khawaja is the one of the frontrunners, according to Supergiants coach Stephen Fleming. "He (Khawaja) is a guy we are surely looking at," Fleming said after the two-wicket loss to Kolkata on Sunday.
More than 26,000 tickets for the five Tests will go on general sale from Wednesday.
The offers mostly include free insurance, exchange bonus, and free accessories
The return of private investment now struggles with lack of funds and election-driven uncertainty.
