Economic recovery is not complete

The recovery seen in the increased economic activity till September or October is running out of steam.Labour statistics indicate a substantial slowing down of the economy in November, notes Mahesh Vyas. Labour markets have been weakening in the last four […]

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Lakshmi Vilas Bank had dug its own grave

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That’s an error of business strategy, points out Tamal Bandyopadhyay. […]

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