The Indian auto industry exhibited healthy sales in December 2009. Some of the companies announced double digit sales growth. Maruti Suzuki reported 37 percent increase in domestic sales for the month of December. The company reported that it had sold 71000 units in December. Hyundai Motors reported 42 percent increase in domestic sales in December. [...]

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 [...]