18, Aug, 2019
Worst July in 17 years for Indian stocks dims hope for revival

News

Mumbai: Indian stocks just suffered their worst July in 17 years, and if history is to be believed, there is little hope that August will be much better. The S&P BSE Sensex dropped 4.9% in the month that ended Wednesday, hurt by disappointment with the country’s new budget, muted corporate earnings and the […]

Troubles for the real estate sector are far from getting over. While the sector struggles to recover amid liquidity squeeze after non-banking financial companies such as IL&FS and DHFL defaulted on loan payments, the recent directive by National Housing Bank (NHB) has dealt another blow. NHB has directed Housing Finance […]

Tax moves will revive consumption, says HDFC’s Deepak Parekh Consumption to GDP ratio in India is extremely low and taxes had slowed down consumption. The tax moves announced today will be significant in reviving consumption, says HDFC’s Deepak Parekh.Income Tax: Key highlights from FM Piyush Goyal’s speech -Individual taxpayers with […]