The government is also likely to defer lowering the fiscal deficit to 3 per cent of GDP by a year to 2021-22, the same two officials said. iStock photoMortgage lender DHFL on Thursday reported a consolidated loss of Rs 242.48 crore for the second quarter ended September 30. The housing finance firm had reported a loss of Rs 2,456 crore in the preceding three months, while it posted a profit of Rs 431.71 crore a year ago. During the quarter, the total income of the company fell to Rs 2,399.84 crore against Rs 3,154.25 crore in the same period last year. Ahead of the numbers, the shares of the company settled with gains of 1.24 per cent at Rs 20.45 at the BSE.

Source: The Telegraph October 17, 2019 20:48 UTC