DSIJ Mindshare

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.

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).

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.     

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.

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.