Leading index provider Asia Index on June 10 announced host of changes in BSE indices as part of reconstitution exercise
With the Indian economy slowing to its lowest growth rate in a decade India‘s consumption story is in question, but at 5 percent plus we are still one of the fastest growing markets in the world and an attractive investment destination for global retailers.
It appears so. The National Housing Bank (NHB), the apex body of housing finance companies (HFCs) has decided to earmark Rs 5,000 crore, the amount that the Union Budget 2012 allowed it to raise through tax free infra bonds, to medium and low income housing schemes.
Ahead of Reserve Bank of India's mid-quarter policy review on Thursday, interest rate sensitive sectors like banking and realty have taken a big hit owing to the fear of a rate hike. However, the road is unlikey to be that much bumpy for the auto sector.