Finance Ministry panel to consider setting up bad bank Finance Ministry panel to consider setting up bad bank Prakash Patil / Sunday, June 10, 2018 0 1031 Article rating: 3.5 The Ministry of Finance has set up a committee to consider the possibility of setting up a ‘bad bank’ to expedite resolution of stressed assets of banks. Read more
RBI revises affordable housing loan limits RBI revises affordable housing loan limits Prakash Patil / Saturday, June 9, 2018 0 1381 Article rating: 5.0 In order to mitigate the impact of repo rate hike on the real estate sector, the RBI has decided to revise the eligibility limits for housing loan under priority sector lending (PSL). Read more
Overnight Digest: Stocks to look out for on June 11 Overnight Digest: Stocks to look out for on June 11 Nikita Singh / Friday, June 8, 2018 0 2998 Article rating: 5.0 The stocks that are likely to witness significant movement on the bourses on Monday, June 11, 2018 are Kesoram Industries Limited, Monsanto India Limited, The Karnataka Bank Limited, Natco Pharma Limited and Tata Motors Limited. Read more
World Bank: India to be fastest growing economy in 3 years World Bank: India to be fastest growing economy in 3 years Rohan Takalkar / Friday, June 8, 2018 0 1259 Article rating: 5.0 The World Bank forecasted that the Indian economy will grow as the fastest economy in the world surpassing, China the largest economy in the world. It expects India to grow by 7.3 per cent in FY19 and 7.5 per cent in the next two years. Read more
Sugar stocks to remain bitter Sugar stocks to remain bitter Rohan Takalkar / Friday, June 8, 2018 0 1754 Article rating: No rating Sugar stocks across the board witnessed sharp correction in the past few months. The major reason was substantial drop in sugar prices domestically and globally too. Government’s efforts are not showing signs of recovery in the near-term. Read more