The overall personal loans segment growth marginally fell to 16.4% y-o-y in November from 17.2% a year ago.By Hariprasad RadhakrishnanBank credit to the consumer durable segment saw a significant growth of 68% year-on-year (y-o-y) in…
Global spot prices in 2019 recorded their best year since 2010After an almost steady rise in recent weeks, spot gold price dropped by Rs 81/ten grams on MCX on Wed-nesday.Still, global spot prices in 2019 recorded their best year since…
MARKETWATCH FRONT PAGE Apple and Microsoft were the two powerhouses of the stock market’s return over the course of the past 12 months, and 10 years See full story.Secure Act includes one critical…
The system has been waiting for the Reserve Bank of India (RBI) to come up with a stress-resolution framework for assets under Rs 1,500 crore.Ahead of the January 7 deadline for out-of-court resolutions for a clutch of bad loans, seven…
The IPO comprises a fresh issue of up to Rs 400 crore and an offer-for-sale (OFS) of up to Rs 600 crore.Apeejay Surrendra Park Hotels has filed draft papers with markets regulator Sebi for its proposed initial public offering to raise…
In the festive month of October, power consumption in the country dropped 12.5% on year; the fall was a steeper 18.8% in Prime Minister Narendra Modi’s home state Gujarat and an even more pronounced 21.2% in Maharashtra.After four…
Prashant Mehra, Partner at leading consultancy Grant Thornton India LLP, said PE investments would have been more than USD 31 billion in 2019.Private equity investments in the country are expected to grow 15-20 per cent in 2020 as…