'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.' Illustration: Dominic Xavier/Rediff.com IDFC First Bank is planning to grow the advances by 20 per cent and......
The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months. Illustration: Uttam......
The argument that India is going towards a 'Hindu rate of growth' is "ill-conceived, biased and pre-mature" when weighed against the respective data on savings and investments, said SBI Research in......
By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.......
Chief Economic Adviser K V Subramanian on Wednesday said India is expected to hit a growth rate of 6.5-7 per cent in 2022-23 and accelerate further to 8 per cent in the subsequent years on the back......