MODI JUMLA: Pradhan Mantri Mudra Loans Scheme raises Red Flags for Next Banking Crisis in India; After Rising NPAs, Failure To Generate Jobs and Employment

The Pradhan Mantri Mudra Yojana – the government’s flagship lending scheme – has failed to give a big fillip to…

5 years ago

Will Yes Bank touch ₹100? Why Ace Investor Rakesh Jhunjhunwala bought 1.3 crore shares of YES Bank?

India's so called Warrem Buffet and Indian Stock market Ace investor Rakesh Jhunjhunwala is always remembered for surprising analysis and…

5 years ago

Tata Power Creates ‘TP Renewable Microgrid’ World’s Largest Microgrid Company; Will it Disrupt India’s Power Sector in Next 10 Years?

Tata, The Rockefeller Foundation Plan 10,000 India Microgrids. TATA Power will set up a new unit, TP Renewable Microgrid Ltd.,…

5 years ago

Reserve Bank of India has started Selling Gold for the first time in 30 years

Reserve Bank of India i.e. RBI has sold gold from its reserves for the first time in almost three decades.…

5 years ago

NBFC Crisis: ₹20,000 Crore Secret Black Hole spotted in DHFL Books

Dewan Housing Finance (DHFL) diverted ₹20,000 crore to its promoters’ private entities, Moneylife reports, citing the findings of a forensic…

5 years ago

TURBULENT TIMES AHEAD FOR INDIAN AVIATION SECTOR: FINANCIAL HEADWINDS FOR INDIA’S AIRLINES INDUSTRY

The airline industry has always struggled to take off. Just in India, over 12 airlines have been grounded in the…

5 years ago

World Bank Says India to Face Severe Economic Slowdown cuts; GDP Growth Forecast to 6%

The World Bank has slashed India’s GDP growth forecast for the current fiscal to 6% from 7.5%. India’s economic slowdown…

5 years ago

Govt soon to impose GST on Healthcare & Education will be big blow to the Sector

The finance ministry may impose 5% goods and services tax on certain items currently exempt and hike rates on some…

5 years ago

A 63 Billion Dollar (4.5 Lakh Crores) Stalled Real Estate Projects pose Big Threat for Indian Banks & Economy

The liquidity crunch has impacted the real estate market quite badly. Till date, there are US$63 billion of stalled residential…

5 years ago

India’s Realty Industry is Sinking, as Real Estate Companies Filing Bankruptcy has Doubled in One Year Fueling Biggest Ever Crisis

The count of realty firms entering bankruptcy has doubled in less than a year since IL&FS went belly-up, Bloomberg reports.The…

5 years ago

India’s Largest Wind Turbine Maker Suzlon Energy Defaults again Headed for Bankruptcy

Suzlon's creditors have refused a 50% haircut on their loans and might push the company into bankruptcy resolution, Business Today…

5 years ago

Slowdown Blues: FMCG Sector to face Worst Slump in Revenue Growth in 15 years

India’s FMCG industry could witness its slowest growth in a decade and a half this financial year, Credit Suisse warns,…

5 years ago

Multibagger Stock Ideas: Kitex Garments to become No. 1 Global Player in Infant Wear Segment by 2025

Kitex Garments Ltd is Established in the year 1992, is involved in 100 per cent export of cotton and organic…

5 years ago

As Automobile Industry Crisis Worsens; Ford Motors in talks to sell its One Billion Dollar Car Factory at Sanand in Gujarat

Ford Motor is in early talks to sell its $1-billion factory at Sanand in Gujarat, Mint reports, quoting unidentified sources.…

5 years ago

Amid India’s Massive Economic Slowdown; Indian Consumer Spending on E-Commerce Sites has fallen by 25 Percent in First Half of 2019

Consumer spending on e-commerce sites has fallen by a fifth in the first half of 2019, Economic Times reports, citing…

5 years ago

Spinning Industry Biggest Crisis Ever; 35 Percent of India’s Cotton Yarn Production Capacity has been Shut Down

About one-third of the production has been stopped and the mills which are running are also facing huge losses. If…

5 years ago

FMCG Industry Crisis as Rural India stops spending, affected by Massive Economic Slowdown

People in rural India are holding back on items such as clothes, hair oil and biscuits, Business Insider reports, citing…

5 years ago