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India's consumer spending to return to growth in 2021: Fitch Solutions

Fitch Solutions said all of the main consumer spending categories will return to positive growth in 2021.

published : 30 Nov 2020

Passenger vehicle, 2-wheeler wholesales to decline over next few months: Ind-Ra

At October-end this year, average inventory for PVs at dealership level stood at 35-40 days as compared with 25-30 days in the same period last year.

published : 30 Nov 2020

S&P retains India's growth forecast at (-)9 per cent this fiscal

Investment recovered faster than consumption in the second quarter, partly due to resumption of stalled projects.

published : 30 Nov 2020

Steel companies supply 56,446 tonne medical oxygen for COVID-19 treatment: Steel Ministry

According to the statement, 37,364 tonne LMO was supplied by private sector units and 19,081.47 tonne by Steel CPSEs.

published : 30 Nov 2020

Gadkari confident India will get COVID-19 vaccine as early as possible

He said such a situation is advantageous for the country's manufacturing sector to ramp up its capabilities to boost exports from India.

published : 30 Nov 2020

Banks in India to see capital decline over 2 years without fresh infusion: Moody's

The 2021 outlook for banks in emerging markets is negative, while the outlook for insurers is stable, it said.

published : 30 Nov 2020

Lakshmi Vilas Bank customers can access all services; no change in interest rates as of now: DBS

The amalgamation provides stability and better prospects to LVB's depositors, customers and employees following a period of uncertainty.

published : 30 Nov 2020

Paytm Money to facilitate investments in IPO, aims for 8-10 per cent applications market share

Paytm Money has enabled investors to instantly apply for all the latest IPOs via UPI ID, linked to their bank accounts to quickly complete the application process.

published : 30 Nov 2020

Foreign portfolio investors net buyers for second straight month in November

According to market experts, investors have begun investing more in emerging markets such as India due to the much higher potential upside.

published : 30 Nov 2020

Life, health insurance covers in place? Don’t forget personal accident insurance 

Alongside health and life insurances, financial experts believe that people should be equally concerned about putting in place a personal accident insurance policy cover.

published : 30 Nov 2020

Equity market may witness mild volatility over next few sessions

FPIs bought equities worth $2.05 billion over the past five trading sessions while DIIs sold $1.8 billion worth of equities in the same period. 

published : 30 Nov 2020

Pandemic impact forces a rethink on retirement plans for many Indians

Surendra Arora, a 34 year old software engineer, had everything planned: his children’s education, investment and even his retirement. At least until March 2020.   

published : 30 Nov 2020

The market rush for ESG funds

Sectoral and thematic funds are conventionally used as part of dynamic asset allocation for top ups to a fully constructed portfolio.

published : 30 Nov 2020

What we learnt in 2020

Saving money is an achievement but it is not enough to ensure your future financial security

published : 30 Nov 2020

Centre asks states to cut stamp duty to boost real estate sales

As per an estimate, there are over 7.38 lakh housing inventories lying unsold in the country with Mumbai having maximum 2.76 lakh such units.

published : 30 Nov 2020
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