TAG: rural economy
India's top private lenders see farm loan defaults rising amid weak rural economy
Top Indian private lenders are seeing more farmers and rural borrowers delay loan repayments as unpredictable weather impacts output and rising agricultural costs stretch their incomes further, according to quarterly earnings reports and a dozen bankers.T...
2 months ago
Slowdown in Q1 GDP due to elections, fall in govt capex: CEA Nageswaran
The slowdown in India's gross domestic product in the first quarter of the current fiscal year has been owing to the general elections and a fall in the government capital expenditure during the period, Chief Economic Advisor V Anantha Nageswaran said.“Sl...
1 month ago