While the banking sector's non-performing assets (NPAs or bad loans) are receding, the balance sheets of state-run banks, however, continue to remain under stress owing to the longer time taken in debt resolution and higher levels of haircuts on recovery being taken by the...
A booster dose of government and private sector spending, along with cheaper rates of finance, are required to kick-start India's consumption driven demand, industry observers opined.
To put it simply, the overall economic growth is expected to decline on the back of slacking...
The Centre on Monday moved the Supreme Court on the applicability of the Black Money law after the Delhi High Court had stayed proceedings against advocate Gautam Khaitan over questions on the retrospective effect of the 2016 legislation.
Khaitan is an accused in the VVIP chopper...
Once the high-voltage Lok Sabha polls come to an end, the new government will have a major challenge of getting rural economy back on the track, especially, in the wake of forecast of delayed, below normal monsoon this year with chances of drought parts of the country.
Despite...
Consumers sentiment is expected to remain stuck in the slow lane for the auto industry, as anxiety over general elections, financing constraints and farm distress dent the sector's sales.
The slowdown in auto sales reflect the picture of the Indian economy, which is being dragged by...
