ET NOW HOUSING AND URBAN AFFAIRS
Centre to release report card of 'smart cities' in June
It will help cities in moving towards data-driven governance that will eventually improve liveability.
ET Online survey: Is 5% growth the new normal for India? A lot hinges on this Budget
India has not seen a low GDP score since the 3.1% in FY0...
We will not make money on E-scooters now; it is an investment for future: Venu Srinivasan, TVS Motor
We are looking at gaining 10 years of ex...
Giving Bharat more in pocket, less tax on urban India can do the trick
This Budget is an opportunity to think out of the box to arrest lagging consumption.
In Q1 of FY21, we would be back to peak disbursal levels of FY18 & 19: Gagan Banga, Indiabulls Housing
Indiabulls Housing is going to focus on retail loan segment for the next 2 years
Ministry of Housing and Urban Affairs wants real estate portal for transaction to become ‘Amazon’ of the sector
The ministry hopes that it will bring the trust back in the real estate sector. Just like the ‘Amazon’ is trusted, the ministry wants the new portal to be one-stop for all housing-related requirements. The portal ‘HousingForAll.Com’, will help buyers in accessing best priced inventory by builders for a limited time to take full advantage of best pricing.
HDFC Q3 results: Profit jumps 4 times to Rs 8,372 crore on one-time gain; provisions spike
Company got a boost of Rs 9,019.81 cr from fair value gain from merger of Gruh with Bandhan.
No green shoots, FMCG demand failed to thaw in winter: Nitin Gupta, SBICAP Securities
Marico, HUL and other companies which have offered price sops are placed well in the market. Whatever steps the government has taken, have not manifested in growth as of now. While some of the pass throughs happened through tax rate cut where the government’s intention was to incentivise the companies to invest more.
PNB shelves plan to sell housing finance unit
PNB's holding in PNB Housing is set to fall to around 27.5% from the current 32.43% when the later issues fresh shares to raise about Rs 1500 crore. PNB will not subscribe to the issue.
Largecaps could fall more than midcaps this time, financials underperform most: Sandip Sabharwal
India needs economic recovery and I think a shallow recovery will happen because the rural economy itself will recover. But besides that, I do not see any sign. Globally, I think a reversal in the US market is imminent now. The stock markets in the US have seen a parabolic rise and such parabolic rises normally lead to sharp selloffs.
Betting on Suven Life, FIEM Industries; Voltamp & Amber among midcaps: Sanjeev Zarbade, Kotak Securities
The small and midcap stocks have been fairly resilient and there is a lot of investor interest that has started showing and some of our large investors have been continuously buying in the small and midcap stocks. Going ahead, we believe we will see the underperformance that the small and midcap index showed in 2019 correcting in 2020.
We are 1-2 quarters away from growth revival: Manish Jain, Ambit Asset Management
I would keep betting on quality private sector banks which are more retail focussed.
India too old-fashioned in the EM story for FIIs: Mark Matthews
The big thing that will help all emerging markets, including India, would be if the dollar turns down.
ET Explains: All you need to know about the deadly novel coronavirus
As of now, 106 people have died because of the novel coronavirus outbreak and thousands have been infected. Since it's a new strain, there is no specific vaccine that can treat it.
Ujjivan SFB to focus on expanding market share in next 2 years: Nitin Chugh
NIMs have gone up on a sequential basis from 10.5 to 10.9. The profit has nearly doubled at 98%. At the same time, our loan book has grown 40% and deposits 98%. CASA has grown substantially at 128% y-o-y and we finished our branch rollout for this year. We have finished a successful IPO just a month ago.
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