After Sensex dropped to 23.4 Tuesday, some investors judged the selloff as excessive which rebounded Indian stocks.
Mumbai: Indian stocks rebounded as some investors judged...
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
There are no noble polititionwho thinks that nation is imp and not the power in Delhi. This is especially by CONGRESS GUYS. so the irony. Never use religion as vote bank specially muslims
It’s easy to preach tough love. But it is nonsensical when NBFC’s are funding 40% of Indias infrastructure development. The writer says, “if a firm or three go under so be it”. Its a ridiculous argument. When 3 subsidiaries of IL&FS (which had 300+ A+ rated subsidiaries) went down, the whole sector lost access to bonds and crashed to ground. Unlike NBFCs in other countries, ours can’t raise money from banks beyond 15% because of RBI rules. It’s easy to lecture about managing long term funds. But what company gets 20-50 year bonds to fund roads or housing? Their only option is markets, which is increasingly blocked out.
The NBFCs fund more than 40% of India’s infrastructure. The writer’s suggestion would bring entire Indian economy to halt. How many Indians are willing to lose their under construction houses because the writer wants to show tough love? Yes some NBFCs may need liquidation, but allowing massive panic and liquidity crisis is a recipe for disaster. The only people who will benefit from such hair-brained move would be short sellers while normal Indians would have their lives destroyed. Even the US funded its banks and auto industry to avoid systemic meltdown. History has shown us it was a good decision.
There are no noble polititionwho thinks that nation is imp and not the power in Delhi. This is especially by CONGRESS GUYS. so the irony. Never use religion as vote bank specially muslims
It’s easy to preach tough love. But it is nonsensical when NBFC’s are funding 40% of Indias infrastructure development. The writer says, “if a firm or three go under so be it”. Its a ridiculous argument. When 3 subsidiaries of IL&FS (which had 300+ A+ rated subsidiaries) went down, the whole sector lost access to bonds and crashed to ground. Unlike NBFCs in other countries, ours can’t raise money from banks beyond 15% because of RBI rules. It’s easy to lecture about managing long term funds. But what company gets 20-50 year bonds to fund roads or housing? Their only option is markets, which is increasingly blocked out.
The NBFCs fund more than 40% of India’s infrastructure. The writer’s suggestion would bring entire Indian economy to halt. How many Indians are willing to lose their under construction houses because the writer wants to show tough love? Yes some NBFCs may need liquidation, but allowing massive panic and liquidity crisis is a recipe for disaster. The only people who will benefit from such hair-brained move would be short sellers while normal Indians would have their lives destroyed. Even the US funded its banks and auto industry to avoid systemic meltdown. History has shown us it was a good decision.