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The sad illusion of India’s demographic dividend

As Diwali, India’s festival of light, approaches, the weather in the hill station of Manali in the north of the country is turning colder. Shepherds are leading their flocks to…

Indian wholesale price inflation slips back from record high

Indian inflation decelerated a tad in September retreating from record highs, a development that follows a surprise interest rate cut from the central bank under its new governor this month.…

Global trade: Blocking moves

The attacks began in February 2010 when an email disguised as being from US Steel’s chief executive landed in the inboxes of two dozen employees. Within weeks, “UglyGorilla”, a Chinese…

India rate cut revives debate on RBI strategy

When Raghuram Rajan announced in June he would soon leave the Reserve Bank of India, some commentators were quick to declare the death of the monetary prudence that he imposed during…

Emerging markets displace US and UK in FDI league table

Investment in big emerging markets is surging, with India, China and Indonesia surpassing the US as recipients of greenfield foreign direct investment in the first half of this year. This…

Tech start-ups move in on India’s grocery shops

Manish Supermarket appears typical of the kirana neighbourhood stores that have been at the heart of Indian communities for decades, its every available space crammed with goods from soap to…

India industry welcomes interest rate cut

©Reuters Urjit Patel says government reforms have helped reduce inflationary pressure India’s central bank, led by its new chief Urjit Patel, took advantage of lower inflation to cut its key…

India industry welcomes interest rate cut

India’s central bank, led by its new chief Urjit Patel, took advantage of lower inflation to cut its key interest rate by 25 basis points. Tuesday’s decision was welcomed by…

India manufacturers decelerate in ninth month of expansion

Expansion in India’s manufacturing sector softened in September as the country’s factories enjoyed their ninth straight month of activity growth. The Nikkei/Markit manufacturing purchasing managers’ index came in at 52.1…

India tax amnesty draws $9.8bn in declarations

©AP A four-month amnesty for tax evaders in India has resulted in the declaration of hidden assets worth nearly $10bn, the government has said, as it seeks to fulfil an…