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MUMBAI, August 10 (IANS) – Corporate interest payments will increase going forward as interest rates are expected to rise in a tightening cycle in which the Reserve Bank of India (RBI) has proposed a rate hike of 140 basis points. Interest payments will also increase due to global financial conditions and inflationary pressures. Previously, the …
Interest coverage ratio in FY23 is likely to deteriorate Bank of Baroda study Read More »
MUMBAI, August 10 (IANS) Corporate bond issuance rose more than 16 percent month-on-month to Rs 58,452 crore in July as the yield on this instrument eased. Banks and companies raised Rs 58,452 crore in July versus Rs 50,099 crore in June, data from the Prime database shows. Since the start of this calendar year, issuance …
Corporate bond issuances rise over 16% on-month in July Read More »
MUMBAI, Aug 10 (IANS) Indiabulls Housing Finance Ltd reported an annualized net profit growth of 1.8% to Rs 287 crore in the first quarter of the current fiscal year. The company reported a net profit of Rs 282 crore for the same period last year. The home finance company issued Rs 2,260 crore in personal …
Indiabulls Housing PAT rises marginally to Rs 287 cr in Q1 FY23 Read More »
NEW DELHI, August 10 (IANS) The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the extension of the government’s flagship housing program Pradhan Mantri Awas Yojana-Urban (PMAY-U) until 2024. The Cabinet approved the Department of Housing and Urban Affairs (MoHUA) proposal that financial support should be provided for the completion of the …
Cabinet approves continuation of Housing for All Mission up to 2024 Read More »
People who hold senior positions in trading companies also hold political positions. The search conducted on July 14 covered several buildings in Madhya Pradesh and Mumbai. “The search found and confiscated a large amount of incriminating documentary and digital evidence. “Analysis of the seized evidence from the sand mining activity shows that the company is …
I T dept finds tax evasion by mining sugar and liquor firm Read More »
UN, August 11 (IANS) – The United Nations Conference on Trade and Development (UNCTAD) has issued three policy reports calling for action to curb cryptocurrencies in developing countries. While private digital currencies have rewarded and facilitated some remittances, they are volatile financial assets that can also pose social risks and costs, the United Nations Trade …
UN trade body urges actions to curb cryptocurrencies in developing countries Read More »
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A large number of micro, small, medium and large companies are located in India. More than ever, it is growing rapidly, which, if successful, can contribute greatly to the country’s economy. However, many of these get closed and get stuck due to paucity of funds. To be able to allow smooth flow of money with the help of …
Axis Bank Indian oil Credit Card Benefits in Hindi – Axis Bank recently launched a new co-branded fuel credit card in partnership with Indian Oil Corporation Limited, powered by Visa. The card not only gives good returns on fuel spending but also gives good returns on online spending. Here is a detailed review of the same. …
