India, Economy & Trade



Money, Economy, Finance, Fiscal Matters, Mutual Funds



Growth models
India grows faster than many countries, but often finds itself in the shadow of China's even greater heft. But look under the hood and India's growth machine sports some features China could use

India warns about balance of payments
The Reserve Bank of India says capital flows are threatening to increase pressure on its balance of payments as the current account deficit widens

India's lawmakers plan to triple their pay
India's parliament is poised to more than triple lawmakers' pay at a time when the government is desperately trying to keep a lid on wage expectations in its battle with high inflation

Indian industrial growth slows
India's industrial output grew by a lower-than-expected 7.1 per cent in June from a year earlier, raising questions about its ability to achieve its 8.5 per cent growth target for the year

Asia: More self-contained
Asia: In a region set for its fastest growth in 20 years, demand at home is taking up slack left by the cash-strapped west – yet questions remain about how sustainable a trend this is

Cameron escapes diplomatic crisis with Pakistan
David Cameron, the UK prime minister, narrowly escaped a full-blown diplomatic crisis when Pakistan reluctantly buried its outrage at his warning to stop 'promoting terror' during a visit to arch-rival India.

India's tortoise must turn on the speed
Foreign direct investment, though not yet at China's ear-popping heights, has quadrupled since 2005 to a very handy $40bn but could be more, writes David Pilling

India warns on slowdown in capital flows
Growing risk aversion among investors is slowing foreign capital flows to emerging markets such as India, potentially choking inflows needed to fund the nation's widening current account deficit, India's central bank said

Osborne urges India to break EU trade logjam
The UK finance minister tells Indian bankers in Mumbai it is imperative to reduce the costs of trade between Europe and a 'linchpin power' in the world economy

UK to extend civil nuclear ties with India
David Cameron is set to clear the way to extend UK civil nuclear co-operation with India, putting aside security concerns to unlock a multibillion dollar market to British companies such as Rolls Royce and Serco

PM carries 'spirit of humility' to New Delhi
David Cameron has promised to carry a 'spirit of humility' to India as he lands on a 'jobs mission' to the subcontinent that will reassure New Delhi that Britain's immigration cap will be enforced 'liberally'

India plans tough stress tests of banks
The Reserve Bank of India announces an abrupt tightening of monetary policy and says it will undertake more tests in the future to build confidence in the banking system

Opposition protests disrupt India parliament
India's parliament has been repeatedly disrupted by opposition protests at food price inflation, raising concerns about further stalling of the Congress party-led government's backlogged reform agenda

IT outsourcing drives India's economic ascent
The stellar growth of the IT industry remains the most exciting business story in modern India

India needs to go for stronger growth
Economic development is the best cure for poverty. Ensuring that growth benefits the most number of people is partly a matter of prioritising but Manmohan Singh's government should also give liberalisation another push