How India became one of the top countries with bad loans

THE ECONOMIC TIMES Thu, Dec 28, 2017 | 06:42 PM IST Slideshows Newsletter

How India became one of the top countries with bad loans NPAs have rendered banks short of capital and, second, they have reduced banks' capacity to lend for large long-term projects, which is why most public sector banks are now focusing on retail. Life lessons from Ratan Tata on his 80th birthday As the business icon turns a year older, here's looking back at some of his oft-used quotes that have been his life mantra. 2017: Year of artificial intelligence The year 2017 saw artificial intelligence bringing the stuff of science fiction closer to reality by not only gaining foothold in all spheres of life, but also getting the better of humans in many fields. US shoppers are about to return $90 billion in unwanted gifts For every retailer, the major concern in their business is returns of goods. In US, an estimated $90 billion worth of unwanted items will be sent back to retailers, according to CNBC. French chef gives up Michelin star as it's too costly Renowned French chef Jérôme Brochot voluntarily dropped his Michelin star because diners in the working-class town couldn't afford to eat there. Elon Musk and other famous people who messed up on social media Elon Musk accidently made his phone number public on Twitter. While he quickly deleted it, nothing remains lost on social media. Ask these other powerful people who goofed up on the platform:

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