The biggest challenge traditional financial institutions face comes from fin-tech startups and Silicon Valley giants
The group is considering the sale to augment its balance sheet and credit ratings amid the realty sector and shadow banking sector slowdowns
While planning for future most of the time people ignore the role of inflation and thus take wrong decision with their investment. They realise their mistake when they actually require the amount and wish if they had more money. Retirement is one such goal for which many people don‘t plan and later regret their decision.
RC Bhargava, the former CEO and current chairman of Maruti Suzuki expects growth to go beyond 7 percent mark in 18 months. "Things are looking more optimistic this festive season," he adds.
Vicky Mehta of Morningstar India lists out five tips that will help one to navigate the downturn that is witnessed currently. He recommends on taking steps such as creating a contingency reserve and so on.
Reflecting the economic downturn, the growth target for the 12th Plan was today scaled down at a meeting of the NDC which was marred by an angry walkout by Tamil Nadu J Jayalalithaa, while Prime Minister Manmohan Singh favoured a phased hike in energy prices to rein subsidy bill.
In an age of such digital disruption to business, many CIO roles remain underinvested, says Gartner.
India's economic downturn is expected to be temporary and growth should recover, Finance Minister Pranab Mukherjee said on Wednesday, following data this week that showed a 5.1% contraction in industrial output.
Oil producing group OPEC cut its global oil demand growth forecast for a fourth consecutive month on Tuesday, citing an economic downturn in developed countries and efforts by China and India to curb fuel consumption.
“While fixed-costs and interest rate burden played havoc with Q1, the engineering segment is likely to pick up going forward,” says Shekhar Bajaj, chairman and managing director, Bajaj Electricals. Speaking to CNBC-TV18, he says that other segments like consumer durables and lighting are doing well.
The number of households in the United States that own television sets is estimated to have declined for the first time in 20 years, according to forecast figures from the Nielsen Co that were released on Tuesday.