You should try and avoid taking on high life insurance premium payment commitments compared to your salary.
Global rating agency Standard & Poor's (S&P) today affirmed 'BBB-' long-term issuer credit rating on India Infrastructure Finance Co Ltd (IIFCL).
An analysis of the top 25 realtors, comprising around 95 percent of the market capitalisation of the sector, shows that Rs 30,000 crore of their debt obligations will face high refinancing risks with demand in respective markets expected to be tepid over medium-term
In an interview with CNBC-TV18, Arindam Saha of Care Ratings said subdued activities in the infrastructure sector as well as certain unyielding investments made by the Srei infra impacted growth.
Speaking to CNBC-TV18 in an exclusive, James Glassman, Senior Economist, JPMorgan Chase Bank, says that he doesn’t see any reason for the US downgrade. “The US budget deficit will soon be down to a sustainable range of 1-2% GDP level,” he says.
US Treasury Secretary Timothy Geithner said on Sunday it was unthinkable for the United States not to meet its debt obligations and he is confident a deal to raise the debt ceiling will get done.
SP Tulsian of sptulsian.com cherry-picks his favorite stocks for the day on CNBC-TV18 and answers queries on Coal India and the Cement sector