Tag: Crisis:

NBFC crisis slows GDP growth, real estate worst hit

Mumbai: India’s GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs). A direct correlation can be seen as many NBFCs have been facing liquidity challenges…

NBFC-led India liquidity crisis may nip green shoots in real estate

Commercial real estate and housing sectors comprise nearly two-fifths of the total NBFC portfolio. Graphic: Mint The liquidity crisis faced by non-banking financial companies (NBFCs) has triggered concerns for property developers. After all, commercial real estate and housing sectors comprise nearly two-fifths of the total NBFC…

Samsung Note 7 crisis: Company sees further $3 billon profit hit

Seoul: Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact. The profit warning came two days…

LIVE! Army back in Kashmir’s crisis zone after 2 years

12:17  Army back in Kashmir’s crisis zone after 2 years: For the first time since 2014, the army took up positions in rural areas of four trouble-tossed South Kashmir districts of Pulwama, Shopian, Kulgam and Anantnag, which witnessed the bulk of violence in the last two months,…

9 ways to deal with the Kashmir crisis

The India-Pakistan slugfest over Kashmir is nothing new, either in terms of intensity of vitriol or in terms of the issues raised. Enough of opinions on the mutual grandstanding by the two nuclear armed South Asian neighbours. The question remains: What should be India’s strategy to…