A Swiss brokerage stated that Prime Minister Narendra Modi’s ‘lower political capital’ may hinder the new government’s ability to implement tough reforms, potentially limiting the growth rate to around 7.5%. UBS Securities highlighted the importance of reforms related to land,…
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A day after PM Narendra Modi and his new council of ministers were sworn in, speculation is high about the next finance minister. Questions are arising whether Nirmala Sitharaman will continue in her role in the finance ministry or take…
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Bhatia Family selling 2% stake in IndiGo for ₹3,292.3 crore through a block deal. First stake sale post IPO. InterGlobe Enterprises selling shares. Lock-up period of 365 days post deal. IGE to invest in hospitality, launching Miiro hotels in Europe.
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RBI Governor Shaktikanta Das on Friday said that the rate-setting panel will look at domestic conditions while taking rate cut decisions and will not be following the Fed. Other central banks are also diverging from the Fed, as the Bank…
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The RBI’s ability to maintain this pause is bolstered by strong economic growth. Even if policy rates remain restrictive for an extended period, the central bank believes it can manage the consequences, experts say.
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Stressed realty projects are becoming viable for last-mile funding as 33 mn sq ft of unsold inventory for projects analysed is likely to be sold at appreciated market prices because of a significant increase in prices over the last two…
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