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Stalled residential projects worth $66 billion faces bankruptcy proceedings – Economic Times
In the current scenario, it is the residential real estate segment that presents the maximum amount of stressed assets. India’s residential sector has been reeling under the pressure of delayed/stalled projects with 4.54 lakh units running behind their comple… Read More
reported by PTI at The Times of India
GoAir places order for 144 P&W engines to power its A320Neo planes – Livemint
The delivery of the engines are expected to begin by 2021.GTF-powered A320neo has achieved 16% reduction in fuel consumption, 75% reduction in noise footprint and 50% reduction in nitrogen oxide emissions Read More
reported by Rhik Kundu at Livemint.com
Coming soon: A direct plan in all PMS schemes just like MFs – Moneycontrol.com
The proposed SEBI (Portfolio Managers) Regulations, 2019, will mandate offering a direct plan for all PMS schemes. Read More
reported by at Moneycontrol.com
Tata Motor’s JLR to face challenging times even in next fiscal: Moody’s – Livemint
Jaguar Land Rover would continue to face challenges for the remainder of the current and in the next financial year as well due to weak market outlook, Moody’s said.Moody’s, which assigned a B1 instrument rating to JLR’s new expected ₹3,970 crore senior unse… Read More
reported by PTI at Livemint.com
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From the blogs
IMF cuts India GDP growth forecast to 7.3% for 2019 Livemint
The Indian economy will grow 7.5% in FY21, 20 basis points lower than earlier projection, says International Monetary Fund.The ADB and the RBI also reduced their 2019-20 growth projection to 7.2% from 7.4% last week, blaming rising risks to global economy and… Read...
Crude Oil Quant Analysis 09/04/19
. The continuation of the trend will be confirmed once the prices break above a key resistance holding at 4520. The positive rally could test all the way up to 4580 and furthermore levels in the upcoming sessions.
Gold Quant Analysis: 09/04/19
The continuation of the trend will be confirmed once the prices break below key support holding at 32300. The positive rally could be extending all the way up to 32400-32500 levels in the upcoming sessions.