Not just India, China too faces burden of bad loans

Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015, point out Abheek Barua & Bidisha Ganguly. Image: Non-performing loans in the Chinese banking......

When it comes to Ponzi schemes, India's regulators have miles to go

It is shocking to know that that most of the non-banking financial companies are very small in size (asset size below Rs 10 crore) and on scrutiny, a majority were found to be not doing any active......

China further devalues currency, sparks fears of currency war

Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day, sending fresh shock waves through global markets and......

Credit card debt: China's apex bank warns of risks

China's central bank on Thursday warned commercial banks to be wary of risks posed by growing bad debts in the credit card sector which has mounted to $1.19 billion.Credit cards debt 180 days past......

BCCI approaches govt over Indo-Pak cricket relations

The Pakistan Cricket Board on Thursday said the Board of Control for Cricket in India in a letter expressed regret over the cancellation of talks between the heads of the two boards -- Shaharyar......

Inzamam slams Shoaib after loss

Pakistan captain Inzamam-ul-Haq strongly criticised fast bowler Shoaib Akhtar after his team lost the deciding third Test to India by an innings and 131 runs on Friday. India's victory gave them......