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IMF warns India on women’s exclusion

©Reuters The lack of women workers in India is a “huge missed opportunity” for the country’s economic growth, Christine Lagarde, managing director of the International Monetary Fund, said at the…

Asian central banks in rate cut rush

Asian central banks in rate cut rush

You need JavaScript active on your browser in order to see this video. Asian central bank watchers are having a tough time deciding where to look. On Thursday, South Korea…

India has a chance to excel on growth

The most significant economic story of the past three and a half decades has been the rise of China. The second most significant story has been the rise of India.…

Modi starts Indian Ocean charm offensive

©AFP Colombo’s new Chinese-majority-owned container terminal Narendra Modi is due to arrive in Mauritius on Tuesday at the start of visits to three Indian Ocean island nations, as part of…

Growth in China and India must add up

©Bloomberg One thing is certain about the global economy: a slowdown is under way. What we do not know is how big the problem is because the official numbers from…

India makes second rate cut

©Bloomberg India’s central bank lowered its policy interest rate by 25 basis points to 7.5 per cent in an unscheduled meeting on Wednesday, citing a faster-than-expected reduction in inflationary pressures…

Audacity in India

Audacity in India

Significant steps towards reform India’s government presented its first full budget on Saturday. It’s an important document, given that prime minister Narendra Modi was elected last year on a promise…

Budget that bodes well for Indian growth

©AFP India’s finance minister Arun Jaitley There have been great expectations regarding India’s first full budget since Narendra Modi’s Bharatiya Janata party stormed to power last May. The package delivered…

Investors optimistic about Modi budget

Investors optimistic about Modi budget

Indian and international investors are optimistic about the prospects for accelerating growth in India, after New Delhi revealed a budget that will slow the pace of fiscal consolidation, while stepping…

India plans $137bn rail investment

©Reuters Passenger squeeze: rail ministry says that as part of the announced investment, capacity will rise to 30m people a day The Indian government will modernise and expand the country’s…