The agency said the NPAs have been reducing over the past 18 months, after hitting a peak of 11.6 percent in March 2018, when the RBI had undertaken an exhaustive asset quality review leading to emergence of high amounts of hidden stress coming out. "Businesses' operational outages and the recession will have a deeper and longer effect on lenders than we previously assumed," it said. … [Read more...] about Loan recasts to only defer problem, NPAs may zoom up to 14% due to COVID-19: S&P Global Ratings
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"Nagaland police have always overcome challenges and during the unprecedented coronavirus situation also, we have performed our duties going beyond the task of normal policing and have not only enforced the lockdown but also secured the various quarantine centres in the state," John Longkumer said. … [Read more...] about Nagaland police set up, operate 1027-bed quarantine centre
Considering the above points, you may start your international investment with a US-specific fund. Simply go with a broader index fund to avoid any sectoral risk. There are schemes that offer a mix of Indian stock market and international market stand to offer you superior tax advantage. But my advice is to stick to funds that have complete international exposure rather than a mix of Indian market and overseas stocks as you have your other domestic mutual fund schemes already. In any case, investing in an international fund should be done basis your risk profile and may not suit every investor profile, so invest mindfully.This article was first published in Forbes India magazine. … [Read more...] about Should you invest in international funds?
As on Saturday, the cumulative tally of COVID-19 cases in the state touched 36,216, including 613 fatalities and 14,716 discharges. "Lockdown has been announced in Bengaluru from Tuesday 8 pm for the next seven days. Abide by the regulations. Everyday more than 2,000 cases of coronavirus are coming to fore," Sriramulu said late Saturday. … [Read more...] about Karnataka’s COVID-19 tally may double in next 15-30 days: Health Minister
Coronavirus pandemic | Patients on oxygen support in India increased by 2% over one-month period Coronavirus pandemic | India now accounts for about 12% of daily fresh COVID-19 cases globally Andhra Pradesh records new single day high of 1,933 cases, 19 deaths … [Read more...] about ‘Worried for party’: Congress leader Kapil Sibal tweets amid allegatio