With 40% of banks assets, or 32.4% of GDP, riding on this instrument alone, the debate about priority sector lending is not new. There is a new-found urgency to make it fit-for-purpose.
Indian exporters do not have strong negotiating positions with buyers, and therefore tend to get squeezed out disproportionately when trade hits a rough patch.
Over the past 50 years, India’s GDP growth has improved every 10-15 years, though it hasn’t really had many economically enlightened leaders steering it.
Former finance minister says the idea is impossible to execute under the present Constitution of India, also takes on government on the issue of job creation.
The three stars of a ruling party's Parliament majority, development agenda and low oil prices may never align again, that is the biggest takeaway from Economic Survey 2018.
Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.