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Uncertain future for India’s middle class

©Swastik Pal It makes for a curious combination of businesses under one roof, but Bheem Chandra Mahto has found an ingenious way to top up the income of the family…

Slowdown puts 1bn middle class at risk

Almost a billion people in the developing world are at risk of slipping out of the ranks of a nascent middle class, according to FT analysis, raising questions about the…

Big increase in US producer prices

Not a big day for economic data, as banking earnings and the tech stock but a report from the OECD highlighted that income taxes rose across most of the industrialised…

Rajan warns on co-operation breakdown

©Bloomberg Raghuram Rajan, Reserve Bank of India governor The governor of India’s central bank warned on Thursday that the extraordinarily loose monetary policies in rich countries are threatening to break…

Rising inequality is Asia’s main challenge

©Bloomberg Fuelling debate: since the withdrawal of the subsidy, kerosene sales have fallen dramatically Deng Xiaoping said: “Let some people get rich first.” He was referring to China but it…

More to rupee recovery than Modi mania

More to rupee recovery than Modi mania

Indian central bank governor Raghuram Rajan faces an unusually pleasant problem: what to do about his country’s fast-appreciating currency? Buoyed by optimism over a likely election victory for opposition leader…

Brazil’s monthly GDP beats expectations

Brazil had a better than expected start to the year with its monthly economic output figures showing a recovery from December’s dismal results, while the UK’s widening trade deficit underscored…

India sets Modi-Gandhi poll battle date

India’s general election, the largest democratic exercise in history, will be held on nine separate days over five weeks in April and May, with votes to be counted on May…

India’s economy expands quarterly 4.7%

India’s economy expanded 4.7 per cent in the final quarter of 2013, highlighting the challenge a new government will face trying to revive the economy after upcoming parliamentary elections. “This…

What if Modi fails to win India majority?

What if Modi fails to win India majority?

Polls suggest the centre-right Bharatiya Janata party is almost certain to emerge as India’s largest party. However BJP leader Narendra Modi may not win enough seats to form a viable…

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