An underestimated growth projection could give Modi govt more spending room, while initiatives to improve NPA recovery could prove crucial for India's financial sector.
RBI had earlier allowed lending institutions to grant a moratorium on payment of loan instalments falling due between 1 March 1 to 3 May, later it was extended till 31 August.
Supreme Court gives Modi govt over 2 more weeks to decide on waiver of interest for moratorium period after considering interest of all classes of creditors & all sectors of economy.
RBI has accepted bankers’ demand for one-time loan restructuring instead of extending the moratorium as a way of countering the impact of the Covid-19 pandemic.
In an address to the CII, Das stressed the need for alternative sources of infra financing, and pushed for early completion of FTAs with US, UK and EU.
Kia Motors claims to have sold over 5 lakh cars in India in just under 3 years. With new EV6 lined up, will the future be as electric for the Korean company?
Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.