FinMin confident of 6.5 per cent growth in FY24 despite symmetric risksThe Indian finance ministry is confident that the country will achieve 6.5% growth in FY24 due to improved corporate profitability, private...
Measures announced in Budget to promote jobs, spur economic growth: Finance ministryThe measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2...
Indian economy on course to achieve 8-8.5% growth, says Finance Ministry"Since then, sustained growth momentum has been observed in several High Frequency Indicators (HFIs), indicating that the projected growth ...
Economic Survey 2021-22: India is ready for strong, agile FY23The Survey says that the twin balance sheet problem caused by the 200 financial crash — bust companies unable to repay debts and hence bust...
How Barbell Strategy, mentioned in last year's Economic Survey, was put to workThe Barbell approach helped made it possible to target the vulnerable sections/businesses in a better way, keeping the pandemic's economic ...
Recovery may strengthen further in H2, says Finance MinistryThe recovery theme is backed by upbeat market sentiment, vaccination coverage, strong external demand and policy support from the governmen...
India to be among a few economies to rebound strongly; impact of Omicron to be less severe: Finance ministry reportReal GDP in Q2 of FY2021-22 has grown by 8.4 per cent YoY, recovering more than 100 per cent of the pre-pandemic output in the correspondin...
Indian economy shows strong signs of recovery, upswing in 19 of 22 eco indicatorsHigh-frequency indicators (HFIs) are being monitored to track the progress of economic recovery in India since the first COVID-19 case was ...
'Policy reforms need to avoid lasting impact of pandemic on economic growth'It is in a crisis situation that the best lessons are learnt. The Covid-19 pandemic has exposed the fragilities of the strongest of the eco...
RBI withdraws some exemptions granted to HFIsLike every NBFC, housing finances are too now mandated to create a reserve fund and transfer minimum 20% of its net profit every year to th...
Do not think Brexit has any direct impact on India: Keki Mistry, HDFC"The direct impact on India is very limited, indirect impact may be there, largely by virtue of currency. "
Budget 2015: Give infrastructure status to Housing Finance Industry"I expect the budget to be formulated along the following four objectives, which the previous budget touched upon," said Anil Kothuri.
- Housing growth tied to rates, GDP
The country will require housing for 20.3 crore people by 2015 with an additional demand from 1.6 crore urban populace.
- NHB plans reverse mortgage scheme for sr citizens
The National Housing Bank plans to launch a reverse mortgage scheme this year targeting senior citizens who can receive a secure income fro...