Non Banking-financial-sector

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Liquidity pressures faced by non-banking financial sector to continue amid weaker economic growth
Business

Liquidity pressures faced by non-banking financial sector to continue amid weaker economic growth

Indian finance and leasing companies are likely to grow at a slower pace in 2020 than in prior years, amid weaker economic growth and liquidity constraints, it said.

'Oxygen crisis as millennials inhale more air?': With #BoycottMillennials, Twitter trolls Nirmala Sitharaman's 'mindset of millenials' remark
India

'Oxygen crisis as millennials inhale more air?': With #BoycottMillennials, Twitter trolls Nirmala Sitharaman's 'mindset of millenials' remark

Meanwhile, the Sitharaman's statement holding millennials responsible for the slowdown in auto sector didn't go down well with netizens. The remark triggered a whirlpool of reactions on Twitter, with Indians mocking the "millennial blaming" ideology.

Nirmala Sitharaman blames 'millennial mindset' of using Ola, Uber for automobile industry slump
Business

Nirmala Sitharaman blames 'millennial mindset' of using Ola, Uber for automobile industry slump

Nirmala Sitharaman on Tuesday stated that the mindsets of millennial were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying own vehicle.