Arvind Panagariya, Chairman of the 16th Finance Commission, believes India can achieve 9% economic growth in 5 years through reforms, praising PM Modi’s efforts to attract investment and challenging critics on GDP calculation methodology.
West Asia conflict drives 15-20% rise in corporate working-capital demand at banks
Working-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elongated shipping timelines have led to