Non-banking finance companies (NBFC) constitute around 9% of total assets of the Indian financial sector. So, insulating them from potential bankruptcy has become imperative for the Reserve Bank of India (RBI) to ensure financial stability. And last week, the RBI unveiled a scheme aimed at improving the liquidity condition of NBFCs. The RBI announced that […]
The government-enforced lockdown has brought all economic activities to a jerking halt. The performance of the segment was muted owing to the prevailing liquidity crisis and subdued demands. The creation of the Rs 25, 000 crore fund and interest cuts did propel the industry towards recovery, to which beans were spilled by the pandemic. The structural […]
We are seeing a phenomenal circumstance, which not just has upset all our financial and hierarchical standards hereto, yet additionally has profoundly influenced our connections – both relational and social. In practically all the large urban communities where there is generally more convergence of vagrant workforce, stewing anxiety and discontent is unmistakable regarding the issue […]
The dent in new launches, the increasing number of indefinitely-deferred projects, and the persisting slowdown aggravating at a steady pace depicts a gloomy picture for Indian realty. The reliance on hefty loans has already led to a credit crunch in the system with the measures taken by the RBI not helping as much as they […]
The Coronavirus crisis has jolted the very fabric of the Indian economy, once poised to be the world’s second-largest one. The resultant slowdown in the real estate sector, being the second largest job provider, is mercilessly affecting the fragile construction workers at the bottom rung. With the Coronavirus in the background, let us analyze the rehabilitative […]
The banking sector – a bulwark against the breakdown of other industries is left to nibble from the remnants in the wake of the virus-induced global economic slowdown! Banks wrote off over ₹80,000 crore of loans in the first half of FY2020. The number exceeded ₹2 trillion in the past two years. But major Indian […]
The ban on Chinese apps comes as a big blow to China’s market. As the first salvo against China, post the bloody clash at Galwan valley on June 15, India has a lot to cherish. In the guise of protecting the sovereignty and integrity of India, the target has been to cause massive damage to […]
The entire world is encountering vulnerability and difficulty due to the phenomenal COVID-19 pandemic. This pandemic came when the worldwide economy was confronting intense occasions. Henceforth, in the given circumstance, it is imperative to take judicious budgetary activities, both preventive and remedial, to guarantee the general monetary wellbeing of an individual and his/her family. At […]
The entire world is encountering vulnerability and difficulty due to the phenomenal COVID-19 pandemic. This pandemic came when the worldwide economy was confronting intense occasions. Henceforth, in the given circumstance, it is imperative to take judicious budgetary activities, both preventive and remedial, to guarantee the general monetary wellbeing of an individual and his/her family. At […]
The two nuclear-armed Asian neighbors, India and China have been engaging in intense diplomatic and military confrontations after clashing on the deadly border recently. The military superpowers have been debating for decades on land in the largely uninhabited elevated area. The June 15 incident in the disputed Galwan Valley, along the actual Line of Control, […]
