IndusInd Bank CEO Sumant Kathpalia said microfinance loan disbursal slowed in April-June due to LS polls and heatwaves, adding that rural areas were recovering from pandemic impact.
Loan default is a civil offence in India, but several defaulting farmers have been booked under criminal charges, which perhaps explains the Congress manifesto.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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