The Reserve Bank of India is under severe pressure to hike interest rates, as January data reveals wholesale price index-based inflation at a 15-month high of 8.56%. Economists are divided on the issue whether RBI would raise the rates immediately.

Any recent study of world economies will invariably result in a comparative analysis of the two Asian neighbors – India and China.

Even amidst the rising speculation regarding the statements made by American President Barack Obama during his State of the Union Address, India has something to cheer about. President Obama’s concern over India’s rapid growth is a testament to the change that the country’s economy has seen over the last few years.
India, which was long seen [...]

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 [...]