Tuesday, March 4th, 2014
Bad debt held by Indian banks is growing, as the economy slows down and infrastructure projects stall. From Rs 1.3 lakh crore at the end of March 2012, these have jumped to Rs2.4 lakh crore at the...
Saturday, April 30th, 2011
Zhao Jian, a professor at Beijing Jiaotong University and a longtime critic of high-speed rail, said he worries that the cost of project might have created a hidden debt bomb that threatens...