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Finance Bill passed in Lok Sabha

Finance Minister Nirmala Sitharaman on Thursday asserted her Budget proposals are aimed at improving ease of living and reducing pain of citizen, even as she did not accept the......

More bad news, Goldman pegs FY20 GDP growth at 5.3%

The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a......

In a first, RBI sends DHFL to NCLT for debt resolution

Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter. Illustration: Dominic Xavier/Rediff.com The Reserve Bank on Friday sent the troubled......

'Home prices will be flattish for another 12 months'

'After that, volumes and prices would move up.' Illustration: Uttam Ghosh/Rediff.com Godrej Properties has lined up over a dozen new housing launches and wishes to buy distressed projects from......

How to give the economy some animal spirit

Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.Illustration: Dominic Xavier/Rediff.com This is an apocryphal story narrated by Rabindranath......

Employment growth slowed in past 2 years: Report

Sector-wise, the study revealed that the core industries have witnessed virtually negative growth in headcount, with crude oil just about maintaining the employment level. Illustration: Dominic......

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5 NBFC stocks brokerages recommend for your basket as the sector looks for turnaround

Most non-banking financial companies (NBFCs) had a decent quarter amid a challenging environment as they reported steady net interest margins... ...

https://www.moneycontrol.com/news/market-edge/5-nbfc-stocks-brokerages-recommend-for-your-basket-assector-looks-for-turnaround_13248521.html

Dewan Housing Insolvency Process Starts, Investors' Claims Sought

The DHFL is said to owe over Rs 15,000 crores to retail investors who have been running from pillar to post to get their money back from the failed... ...

https://www.ndtv.com/business/dewan-housing-insolvency-process-starts-investors-claims-sought-2144087

Centrum Group in talks with PEs to sell 15-25% in NBFC arm

Centrum entered the lending businesses in 2017 and currently provides affordable housing finance, micro finance and SME/MSME loans with an asset... ...

https://www.moneycontrol.com/news/business/centrum-grouptalkspes-to-sell-15-25nbfc-arm_13243701.html

Portfolio play! Smallcap and midcap likely to outperform on signs of revival in growth

The broader market started to outperform due to buying in some beaten-down financial stocks because there are many signs that worst is over for the... ...

https://www.moneycontrol.com/news/market-outlook/portfolio-play-smallcapmidcap-likely-to-outperformsignsrevivalgrowth_13241521.html

Now, loans for all your lifestyle needs

You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used, reports Bindisha Sarang. Photograph: Kind... ...

http://www.rediff.com/getahead/report/now-loans-for-all-your-lifestyle-needs/20191204.htm

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