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A report says two high incomes are increasingly needed to afford a mortgage, leaving millions stuck.
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News and Media
It is never easy to find a good stock. Not for any other reason, but the fact of good stock is an open ended term. For some consideration of calling something a good stock is largely how the price of the stock behaves in different market conditions. Like does it fall less in bearish markets and moves up faster in bullish markets. For some a stock which is available at cheaper valuations, could be a good stock. So, each to its own. But when it comes to business and management , there is only one thing good business and good management which has no open ended interpretation. A business which generates good cash flows and has large market size to grow and for management a clean balance sheet and good corporate governance.
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News and Media
IDFC First Bank Q4 Results: IDFC First Bank announced a net profit of Rs 724.35 crore for the quarter ending on March 31, marking a decrease from Rs 802.62 crore reported in the corresponding period last year. In the January-March quarter, IDFC First Bank recorded an interest income of Rs 8,219.21 crore, showing an increase from Rs 6,424.35 crore reported in the same period a year ago. This signifies a 28% rise on a year-on-year basis.
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