13/01/2025
A lot of positive factors for the banking sector are currently being ignored. A solid framework is ready, so that banks do not have big NPAs in future. Robbing off banks will be difficult henceforth. The court has permitted banks to enforce guarantor of loans to repay the loans on default by the borrower. This open an additional source of recovery for banks. The rules and regulations are getting in favour of banks.
The Government might do a lot of spending ahead of the general elections.
India reportedly working on a year tax holiday to Tesla.
GAIL does world’s first Ship to Ship LNG transfer.
Retail inflation for the month of Sept 2023 stood at 4.67%.
Goldman Sachs loads up on Indian markets and upgrades to ‘Overweight’
Centre to seek bids for $960 million EV battery production program.
PM launches Rs 24000 crores project for tribals.
ONGC plans to invest Rs 1 trillion to set up two petrochemical plants.
Murthy wants India to invest $ 1 billion annually for 20 years in training teachers. He is dot on. The quality of teachers in India is not up to the mark, whether it is primary, secondary, technical, medical or other education.
Netherlands, UK and Australia push India’s exports in the April October period.
RBI hikes risk weights on unsecured bank, NBFC loans by 25 bps. The banks will need to set aside more capital for unsecured loans.
Morgan Stanley sees India outperforming China in 2024.
Dr. Reddy’s rolls out Nerivio®, a USFDA-approved drug-free non-invasive migraine management device, in India.