Around $18 billion of the total loan advances to the Indian real estate by banks, NBFCs and HFCs are currently under severe stress, while a majority, around $67 billion, is completely stress-free, according to a report by Anarock Capital....
The Central government should relaunch the Pradhan Mantri Awas Yojana (PMAY) with an in-built credit-linked insurance cover for the borrowers, industry chamber Confederation of Indian Industry (CII) has suggested. ...
India registered a manifold raise in import of gold during the first three months of FY22 on a year-on-year basis, to nearly $7.9 billion. ...
Confidence of urban Indians over the employment scenario in the country and the economic prospects remains subdued although the overall consumer confidence has recorded in uptick in July....
Describing the draft e-commerce rules as a perfect set of guidelines for conducting structured and transparent e-commerce business in India, the Confederation of All India Traders (CAIT) has said that the rules if implemented would end the crony capitalism that allegedly exists in the current e-commerce sc...
Foreign portfolio investors (FPI) have withdrawn net investment of Rs 5,689 crore so far in July from the Indian equities segment....
The head of US-based vehicle importer HAAH Automotive Holdings has said the company is set to submit its letter of intent (LoI) next week to acquire the debt-ridden SsangYong Motor Co, industry sources said on Sunday. ...
The Income Tax (I-T) Department has conducted a pan-India search operation on a prominent business group, which is involved in businesses in various sectors, including media, power, textiles and real estate, with a group turnover of more than Rs 6,000 crore per annum....
Uttar Pradesh has emerged as the largest ethanol-producing state in the country. ...
Jio's gross subscriber additions, though down 14 per cent QoQ, were still healthy at 26.7 million due to continued traction on new JioPhone offer, foreign brokerage, Jefferies said in a report....
