This week’s market slump eroded Rs 18.5 lakh crore in investor wealth. The downturn has been attributed to risk aversion in the global markets after the hawkish stance of the US Federal Reserve Bears mauled the Indian stock market on Friday, December 20, as investors reacted to Fed's hawkish stance and global market sentiments. Image courtesy: AI-generated image via DALL-E …
Defence Research and Development Organisation Chairman Dr. Samir V Kamat said that there is an aversion to risk and intolerance of failure in India due to which people end up taking less challenging projects. Dr. Kamat said that this attitude is slowly changing as Defence Minister Rajnath Singh recently gave leeway for high-risk projects. This leeway has been given and …
Mumbai: The liquidity crisis, which has become a bone of contention between the Reserve Bank of India and the government, has its roots in banks’ reluctance to lend to non-banking financial companies, according to bankers Mint spoke with. According to the chief financial officer of a leading public sector bank, lenders are wary of lending to certain NBFCs because of …
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