Though the Indian economy is set to grow by 7 to 7.5 percent this fiscal, Chief Economic Advisor to Prime Minister Mr.Rangarajan said that India has to maintain an overall growth of 9 percent per annum in farm output for the common man to realize the benefits. The growth in the agricultural sector is projected [...]

Even as economists of the world look towards India optimistically, statistics say that all is not well. The credit outlook for most Indian banks remains negative after the changes made in January earlier this year. Though the fundamental credit outlook was stable, the economic conditions still remain challenging and the number of problem loans or [...]