Bharat Bond ETF anchor quota subscribed 1.7 times
India's first corporate bond exchange-traded fund (ETF), Bharat Bond ETF's, anchor investor quota was subscribed 1.7 times on Thursday. Anchor investors included private and public banks, private and public insurers as well as foreign portfolio investors among others.
India's rising retail prices stoke worries of stagflation
Annual retail inflation increased to 5.54% last month, faster than the 4.62% rate i...
Retail asset quality shows stress signs
Auto loan NPAs have increased six basis points to 1.16 per cent from 1.10 per cent in June 2019.
Airtel, Jio roll out higher incentives for retailers
The fresh bout of competitiveness comes soon after Vodafone Idea and Bharti Airtel — battling high debt, widening losses and facing over Rs 89,000 crore in new statutory dues — raised rates by up to 40% on December 3. Jio raised tariffs on December 6 but said its rates were still as much as 25% cheaper than those of its rivals.
November retail inflation reaches 5.54%, at 3-year high
Higher food prices contributed to the spike. Food price inflation (Rural and urban) climbed 10.01% in November.
Dress to the nines this holiday season: Manish Malhotra, Kenneth Cole & other fashion designers share tips to be party-ready
Abu Jani-Sandeep Khosla said this season is about reinventing the classics.
SC to hear in January pleas on grant of quota in promotions to SC/ST employees
A 5-judge Constitution bench in 2018 held that the well-off members of the Scheduled Castes (SCs) and Scheduled Tribe (ST) communities cannot be granted the benefits of reservation in college admissions and government jobs.
Lok Sabha okays bill to extend SC-ST quota in Parliament, Assemblies
The bill was passed with 352 members voting in favour and none against it. The reservation for SCs, STs and Anglo-Indians given for the past 70 years in Lok Sabha and state assemblies was due to end on January 25, 2020. The reservation for Anglo-Indians is set to expire on January 25 next year as the Bill does not extend the facility to the community.
Multibagger alert! 10 little-known stocks jumped up to 1,500% in 2019
Some of the counters included have already more than doubled investor money since January.
Retailers feeling the heat opt for advancing sales
Ecommerce marketplaces Amazon and Flipkart have lined up promotions this month and next to clear inventory. Discounts will be offered across a range of products, including electronics and smartphones. The trend of bringing forward winter sales from the usual time of end-December or early January started two years ago, following poor business in the preceding months.
November automobile retail marginally improves over last year
The number of registrations of vehicles at regional transport offices (RTOs), which is a proxy for retail sales, improved 2% over last year. Registrations improved for all categories of vehicles except commercial vehicles like trucks and buses, the sales of which continue to decline.
Passenger vehicle retail sales up 1% in November: FADA
According to FADA, passenger vehicles (PV) sales stood at 2,55,535 units in November 2018. Two-wheeler sales increased 3 per cent to 17,05,495 units last month as compared with 16,60,082 units in the year-ago period. Commercial vehicle sales, however, declined 8 per cent to 77,394 units as compared to 84,040 units in November last year.
French carmaker Groupe PSA Citroen planning lighter retail presence
Citroen has been popularising its format titled phygital -- a portmanteau of physical and digital -- to signify its technological advances in showroom experience for customers. Citroen is expected to offer kiosks with large screens showing how the cars would look with different accessories, and offer options on insurance, service contracts, accessories and others on a digital platform accessible across devices.
Actual retail loan growth could be lower: Report
Bulk of figures reflect the lending for purchase of NBFCs securitised retail loan pool, a report by Crisil said.
Consumer spending in slow lane, but retail credit sees 16.6% growth
Of the incremental retail loans disbursed by the banks in the year, a chunk was to buy pools or packages of loan receivables of non-banks.
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