Prime Minister Narendra Modi made a big announcement which cheered investors and economists but soon people started questioning about the details.
Indian Finance Minister clarified many things about the stimulus package announced by Modi government. The government has taken many steps to help housing and real estate sector.
Indian Government has announced major stimulus package to support Indian economy, small & medium businesses and many sectors.
Indian Banks, both private and public sector, aren’t lending to small businesses and individuals as they used to do in the past.
Indian government is seriously considering the idea of creating a ‘Bad Bank’ in order to resolve Indian banking sector’s NPA crisis.
Crude oil has suffered a major volatility in the recent weeks due to declining demand and almost full storage capacities all over the world.