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India may borrow a US idea to give NBFCs more lending room

India is mulling a plan akin to US' Troubled Asset Relief Program to give NBFCs some headroom to lend.


Jan 20, 2020, 05.55 PM IST



China steelmaker default sparks debt contagion fear

China Hongqiao Group Ltd’s dollar bond due 2023 and Shandong Sanxing Group Co’s 2021 dollar bond have both dropped to their lowest levels after Xiwang’s default.

Steelmakers may post lower profits in Q2 on weak demand: Icra

Over the last four quarters, operating profit margins of the domestic steel ind...

Visakhapatnam steel plant achieves a steelmaking milestone

The new Caster is the prime source of raw material for the upcoming forged wheel p...

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