India not in same league as US, China: Analyst

Bharat Karnad, considered one of India's leading strategists and a strong proponent of a more vigorous foreign and military policy for several years, has said that India is by no means a major......

At 9.3 mn, a third of MFI borrowers are defaulters

Almost one in every three borrowers did not repay loans to microfinance companies since the industry plunged into a crisis in October 2010.In absolute terms, close to 9.2 million customers (almost......