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Budget 2020 – Detailed Analysis Did you miss the Live coverage of Budget 2020 by Finance Minister of India, Nirmala Sitharaman? If yes, here we have covered all you need to know with “Budget 2020 – Detailed Analysis”. In the longest budget speech ever, finance minister presented the budget demarcated into three main themes – […]
FY 19-20 has been a difficult year for Indian economy with GDP growth falling below 5% in a decade. IMF’s chief economist Gita Gopinath remarked “owing to stressed NBFC sector & weak rural demand” India’s slowing growth drags the world. On Monday 20th January, IMF has cut the growth forecasts for FY 19-20 by another […]
P2P lending cap 50 lacs As a major relief to the nascent P2P lending sector in India, RBI on 5th December 2019 increased the lending cap for individuals to INR 50 lacs. With this change, the current aggregate exposure for P2P lending across platform of Rs 10 lacs shall remain suspended. The news can be […]
Ashok Leyland bags an order for 1750 buses Ashok Leyland, owned by mutli-billion dollar Hinduja Group, bags an order of 1750 buses from Tamilnadu state transport undertaking. Leading the heavy duty buses market in India, Ashok Leyland had recently tied up with ICICI bank to finance the vehicles for the next 2 years. This will […]
Looking for options to invest? You may have read about the electric vehicle mission set by the government of India in 2013 as the ” National Electric Mobility Mission Plan (NEMMP) 2020″.Since the announcement various automotive companies are setting up capacities or launching initiatives to spearhead the electric vehicle segment. Recently Eicher Motors Ltd. owned […]
You may have read about the latest news that CSB IPO over-subscribed 26x times. You may be wondering whether to invest Here is all you need to know about CSB bank. The IPO issue is worth INR 410 crore with an issue size of around 1.15 crore. The price band for this IPO ranges from […]