Bad news for the world's poorest
The global economic mood is souring. At their meeting in Fukuoka, Japan, earlier this month, G20 finance ministers and central bank governors warned that economic growth remains weak, with risks still tilted to the downside. Just a few days before that gathering, the World Bank had lowered its 2019 global...
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Lessons from India's banking sector
At the very outset, let us have a close look at what the latest Economic Survey and the budget reflect about India. Accordingly, the performance of the banking sector has improved as bad loans declined and credit growth accelerated in the last fiscal. But financial flows are constrained due to...
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