According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.
As the finance minister rises in the House to present the Budget, some interesting facts about the annual financial plan for the country.
Rediff.com's Shailajanand Mishra discovers that the Sensex has fallen 12 times on the 20 Budget Days since this century began.
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