SBI Research junks Raghuram Rajan's comments on India's growth

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......

India expected to see 7% growth next fiscal: CEA

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......

'Our unsecured loan portfolio is better than secured'

'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......

Fitch warns India on mounting debt/GDP ratio

Despite rapid economic growth of 8.1 per cent in the first half of this fiscal, global credit rating agency Fitch has warned India's "weak public finances" will constrain higher growth in medium......