
Small Is Beautiful
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
CONFIDENCE RISING
By Aaron Chaze
Economic policy reforms are having the desired effect: The confidence level of Indian businesses is on an upswing.
A survey by research firm Dun & Bradstreet shows that Indian companies now expect greater momentum for sales and net income growth.
Nonetheless, the IMF has lowered its 2012 GDP growth forecast to 4.9% from an earlier 6.1%.