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Bank credit growth rate expected to moderate: Crisil - Vimarsana News

Bank credit growth rate expected to moderate: Crisil

The central bank increased the risk capital requirements for unsecured loans to NBFCs to 125% in November last year from 100% prompting banks to realign their strategies and strengthen their underwriting process.

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Rising Housing Prices Bog Down Sales of Newly Built Single Family Homes Across the US - Vimarsana News

Rising Housing Prices Bog Down Sales of Newly Built Single Family Homes Across the US

After posting a bigger-than-expected gain in March, the spring housing market has taken a downward turn as home sales fell 4.7% in April.

Noida Authority: Realty company upset after land allotments cancelled; government seeks report from Noida, ET RealEstate - Vimarsana News

Noida Authority: Realty company upset after land allotments cancelled; government seeks report from Noida, ET RealEstate

The Noida Authority submitted a report to the UP government on cancelled commercial plot allotments. The real estate company M3M's subsidiaries had their allotments cancelled for alleged violations. The cancellation left investors and property buyers worried, with over 1,400 customers having invested in the projects.

Electronics companies seek Rs 35,000-crore incentive plan for components, ET Retail - Vimarsana News

Electronics companies seek Rs 35,000-crore incentive plan for components, ET Retail

Electronics Companies: It added that the component ecosystem would take at least 2-3 years to start commercial production. Once it takes off, domestic manufacturing of components should be able to cater to 5-10% of global demand in 6-7 years, ICEA said, adding international firms should be invited to get a major share in the domestic and global component manufacturing market.

China boy suffers ruptured spleen after father hurls pomegranate at him over homework - Vimarsana News

China boy suffers ruptured spleen after father hurls pomegranate at him over homework

Chen's frustration boiled over when Liangliang struggled with a math problem. Initially, the boy appeared unharmed, but the next day he was rushed to the hospital in pain, where doctors diagnosed his ruptured spleen, a potentially life-threatening condition.