India's richest 1% own more than 40% of total wealth: Oxfam

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed......

Credit Suisse cuts India's FY13 growth forecast to 5.7%

Credit Suisse has lowered India's growth forecast for the current fiscal to 5.7 per cent, but said the economy has bottomed and will see a moderate recovery during 2013. "We have made a small......