World's top banks including US-based JP Morgan and UBS of Switzerland today said there is a need for new strategy to chart the future growth path but warned that any regulatory over-burden would work against not only the banks but also the overall economy and the common people.

Speaking to NDTV Profit on the sidelines of the World Economic Forum (WEF) meet in Davos, Adi Godrej, chairman of the Godrej group, says the passage of Goods and Services Tax (GST) will see India return to 8 per cent growth.

Parliamentary Affairs Minister Kamal Nath, for the first time, made it clear that Rahul Gandhi was the Congress party's choice to be the prime ministerial candidate for the 2014 general elections. Speaking exclusively to NDTV, Mr Nath said, "I think, everyone in the party, there is consensus that they would like to see Rahul Gandhi... it is not like there are names fl...