Fri, Sep 08, 2017
For the quarter ended June, India's GDP growth slumped to a three-year low of 5.7 per cent -- lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid the lingering effect of demonetisation.
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Thu, Sep 07, 2017
The expected losses from the bad loans mean banks will need tens of billions of dollars of fresh capital, but the government does not have the money to fund such a bail-out, Raghuram Rajan said.
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