“We were in the midst of a growth of household debt problems before the pandemic, and this is going to tip huge numbers of people over the edge, whether its living on furlough with 80% of wages, or looking forward to the jobs market shattering. People are going to be in real difficulty.” … [Read more...] about UK banks granted 1.5m payment holidays on credit cards and loans
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As regards housing finance, my experience has shown that housing has proved to be inelastic to interest rates or slowdown in the Indian economy. Once must remember that housing is the single largest investment a person does in his or her lifetime and is a long-term loan unlike a car or consumer loan. If the property is liked by the family, is affordable in context of the income of the individual and the cost of the house, most people would go ahead and buy the house. … [Read more...] about Demand for homes will pick up after Covid-19 lockdown ends: HDFC CEO Keki Mistry
3-Point Analysis | These companies may gain as global supply chain gets reconfigured Big Story | Decoding the importance of CSR for corporates Ideas For Profit | Is elevated rural exposure Dabur's Achilles heel? … [Read more...] about Ideas For Profit | Will HDFC’s resilient performance hold out amidst COVID-19 uncertainty?
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Federal Bank; target of Rs 62: HDFC Securities
"Importantly, the IRS explicitly rejected recommendations from some parties that would have relaxed existing robust monitoring, reporting and verification (MRV) requirements for demonstrating geologic storage and risked undermining policymaker and public faith in the...program," the group said in a statement Friday. … [Read more...] about IRS proposes guidance for expanded carbon capture tax credit