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IL&FS default impact: NBFCs, HFCs lending to real estate almost halved in FY'19 to Rs 27,000 cr, says report

The outstanding credit by NBFCs/HFCs to real estate developers increased by more than 3.5 times to about Rs 2,33,000 crore till 2017-18 from Rs 64,000 crore in 2011-12, Nair said.

Crisil advises housing finance companies to tread cautiously on home loans as NPAs double

Despite surge in delinquencies, lenders are increasingly focusing on self-employed segment to fuel home loan growth but there is a need to tread cautiously

Chemical companies like Honeywell working on making cooling systems climate-friendly

U.S. chemical companies including Honeywell and Chemours Co are ramping up efforts to produce alternative coolants used in air-conditioners and refrigerators, following a global pact to reduce planet-warming greenhouse house gas emissions.

For Ozone Day, the government launched an initiative to reduce damage to the Ozone layer

The Environment Ministry launched a major initiative to develop long-term technology to mitigate the impact of refrigerant gases on the ozone layer.