India’s non-bank financiers have heeded calls from the Reserve Bank of India to diversify their borrowing profile and are now gradually moving towards more market borrowings and other avenues such as overseas borrowing and securitization or asset sales instead of relying solely upon bank loans. Top NBFCs have seen the share of bank credit in their total debt fall significantly …
Israel-Hezbollah Ceasefire: Indian benchmark indices have witnessed some recovery after a notable correction last month, helped by a decisive victory for the BJP-led NDA alliance in Maharashtra state elections. Reduced uncertainty may encourage investor confidence and provide short-term support to market sentiment.” However, he emphasised the importance of maintaining a long-term portfolio approach and focusing on fundamentally strong stocks with …
Art Basel, the world's leading contemporary art fair, has taken a futuristic turn this year, offering buyers the chance to see their sculptures placed on the moon. "We're Elsewhere at Art Basel, Turkish artist Ozgur Kar's LCD display of a man surrounded by skeletons is being sold by the French gallery Edouard Montassut. The Vive Arts platform, meanwhile, dives into …
As the coronavirus pandemic wreaks havoc across the globe, aviation has emerged as one of the most impacted sectors. Consider these numbers: the Delhi airports final project cost was 3.8 times the initial estimate and in case of Mumbai, it was 1.7 times the initial estimate. Given the recent expansion at Benglauru airport estimated to cost in excess of Rs …
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