Bad Loans Likely To Rise Up To 9% By Fiscal-End: CRISIL

Gross non-performing assets (NPAs) of banks are likely to rise to 8 per cent to 9 per cent by the end of the current financial year, compared to 7.5 per cent of last year, rating agency CRISIL said in a report. The Coronavirus relief measures like restructuring and emergency credit line guarantee scheme will help in limiting the rise, it added. The rise in NPAs, said Krishnan Sitaraman, CRISIL’s senior director and deputy chief ratings officer, will be led mainly by retail clients and micro, small and medium enterprise (MSME)…

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Growth pangs vs investment: 4 factors that are likely to chart market direction in 2020

Karthikraj Lakshmanan We see that the earnings growth is likely to be more in the mid-teens for the Nifty50 index. Considering the growth slowdown, market leaders with healthy balance sheets and good free cash flow generation at the broader market level are better positioned to grow faster than the industry and the economy. Earnings growth is more likely to pick-up towards the second half of 2020 as one sees the fruit of the recent steps taken by the Government and how some of the strategic divestments pan out to provide…

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EXCLUSIVE: LIC’s equity investment in FY20 likely to reach above Rs 70,000 cr, an all-time high

Life Insurance Corporation of India (LIC) is likely to end FY20 with an all-time high equity investment (gross) of around up to 72,000 crore, an all-time high, sources said. In FY19, LIC invested around Rs 68,620 crore into the equity market. “We have already crossed Rs 33,000 crore and the second half of the year is expected to be robust considering the new business premiums have also seen a high growth,” said an official. While the year-on-year (YoY) growth will be 3.5 percent, LIC’s equity investments hold significance because it is…

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Women More Likely To Die Of Heart Attack If Treating Doctor Is Male: Study

Women suffering heart attacks in hospital emergency rooms in the United States are more likely to die if their doctor is a man than a woman, warned a study Monday. The study was based on more than 500,000 patients admitted to hospital emergency departments for acute myocardial infarction — a medical term for heart attack — in Florida between 1991 and 2010. Researchers at Harvard University found a “stark” difference in survival according to whether the patient’s and doctor’s gender matched. Health coach Luke Coutinho talks about how many young…

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40% women lung cancer patients in Goa non-smokers, likely victims of passive smoking

Almost 40% of women in Goa who have lung cancer do not smoke themselves, which means it is likely that they are victims of `passive smoking’, an anti-tobacco NGO has said. The National Organisation for Tobacco Eradication (NOTE) said yesterday that there has been a rise in the number of women in the state who smoke. The overall percentage of smokers in the state’s population has dwindled in the last three decades, it said. NOTE India president Dr Shekhar Salkar told reporters that almost 40% of the women diagnosed with…

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Fat shaming by docs likely to harm health

Discrimination at the doctor’s office based on size can take a toll on a patient’s physical health and mental well-being, a study has found. “Disrespectful treatment and medical fat shaming, in an attempt to motivate people to change their behaviour, is stressful and can cause patients to delay seeking healthcare or avoid interacting with providers,” said Joan Chrisler, a professor of psychology at Connecticut College in the US. “Implicit attitudes might be experienced by patients — for example, a provider’s apparent reluctance to touch a fat patient, or a headshake…

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