Default by real estate-focused non-banking financier Altico Capital indicates the rising cash crunch with the developers, which is credit negative for banks given their exposure to the realty sector, warns a report. Poor liquidity had last week forced Altico Capital to default on an under-Rs 20-crore scheduled interest payment on an ECB loan from ... Read More »
“The underlying cost of Australia’s health system is the ailment; rising insurance premiums are just a symptom,” Mr Summerhayes said. Health insurance regulators have sounded the alarm over rising medical costs and declared the current reform process must continue, only days after Labor leader Bill Shorten accused insurers of “a ... Read More »
BANGKOK — Asia faces a growing burden in treatment costs due to rising numbers of patients diagnosed with cancer, as well as those suffering from stroke and dementia over the next decade. While Asia’s economic progress has led to sharply lower levels of poverty, it has resulted in social and ... Read More »
Mumbai: With the Maharashtra Navnirman Sena (MNS) calling off its agitation against the release of Karan Johar’sAe Dil Hai Mushkil (ADHM) on Saturday, Maharashtra Chief Minister Devendra Fadnavis has more than one reason to celebrate. Apart from preventing any untoward violence due to the anti-Pakistan protests, Fadnavis, who has been the ... Read More »
The Latest on Campaign 2016 ahead of the Republican and Democratic National Conventions (all times EDT): 10:00 a.m. Hillary Clinton is announcing new steps aimed at tackling the rising cost of college tuition and the burden of student loan debt, including a three-month moratorium on loan payments for all federal ... Read More »
Fears over delivery defects from mosquito-borne Zika can be using up abortion costs in Latin Americannations laid low with the virus, a new look at finds. In Brazil and Ecuador — where governments have issued fitness warnings at the danger to the fetus from maternal Zika infection — requests for ... Read More »
Prices of both varieties of sugar firmed up at the Vashi wholesale market here today due to rising demand from stockists and bulk consumers amid restricted arrivals. Small sugar (S-30) shot-up by Rs 6/30 per quintal to Rs 3,572/3,711 from last Saturday’s closing level of Rs 3,566/3,681. Medium sugar (M-30) ... Read More »
The stock market is looking wobbly. Bonds are paying you about what you’re losing to inflation. And the rest of the investment landscape is about as reliable as the latest presidential candidate poll. So if you’re wondering how to get ahead, let alone keep up with your rising monthly rent ... Read More »
