Tuesday, 24 May, 2022
TopicBank loans

Topic: Bank loans

After landing punches, Modi govt rushes with balm for MSME sector ahead of elections

RBI permits banks to restructure loan accounts of MSMEs that are under stress. But MSMEs still not happy.

Jet Airways seeks to postpone loan repayment to ease cash crunch

Jet Airways is aiming to reduce unprofitable domestic routes and considering laying off more employees in non-core areas

Animal spirits keep India on track to become the world’s fastest growing economy, shows data

The economy is showing steady expansion, with the IMF forecasting growth of 7.3 per cent in the fiscal year through March 2019 and 7.5 per cent in the next.

India’s most intractable bad loans lie in the power sector

A parliamentary subcommittee estimated earlier this year that 34,000 megawatts-worth of capacity is in trouble.

Banks take over land, unfinished projects as housing slump puts $20 billion loans at risk

Home sales volumes are said to have declined about 40% over four years and prices dropped as much as 20% on average.

On Camera

YourTurn

Golden Temple

What Akal Takht must know about harmonium and music before banishing it from Golden Temple

In an era where India’s past and ‘purity’ are constantly being dug up and debated, the humble harmonium has become the latest victim.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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