India, Economy & trade



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UN seeks emerging states' help to aid poor
International development agencies face a 'diminishing market' unless they partner large emerging economies to bring development to the poorest countries

India races to match China's double digit
Policymakers believe that fast growth and democracy give India the long-term edge. Others fear that its gamble on growth could be unpicked by an uncertain global economy

Subsidy reform can help India spend better
The rationalisation – even the end – of some existing schemes must not be an excuse for the withdrawal of the state. Quite the reverse, writes David Pilling

India's elephant charges on through the crisis
The world's biggest democracy has changed, writes Martin Wolf. But economic pragmatism alone will not be enough: reforms are still needed

Indian budget
The traditional Achilles heel of the Indian economy – the weak state of the public finances – looks less of a handicap than it once did

China manufacturing grows less than forecast
China's manufacturing activity grew less than expected in February, data released on Monday showed, as the government reined in spending while purchasing managers became more cautious in the face of rising wages

India's government should try harder
India has now reached the point in its development when what is needed is persistent improvement across a wide front. This is not a sprint, but a marathon. The budget represents a small step in this race

India leaves stimulus measures in place
Pranab Mukherjee, finance minister, maintained high levels of public spending to support high growth, boost a flagging rural economy and modernise infrastructure

India signals opening up of retail sector
India has signalled that it could open up its tightly controlled retail sector, as it battles spiralling food prices that threaten to unleash political turmoil and macroeconomic instability

India forecasts growth of up to 8.75%
The Indian economy will sweep aside the ill-effects of the global downturn to grow up to 8.75 per cent in the coming fiscal year, the country's finance ministry predicted on Thursday

India work scheme puts pressure on food prices
India has mobilised a virtual army of rural labourers to undertake such tasks as repairing village roads and footpaths, deepening community ponds and strengthening embankments

Indian rail to cut freight charges
India's state-owned railways, one of the largest and most profitable networks in the world, will cut freight charges for the transport of food grains as part of an effort to cool rising food prices

India seeks subsidy cuts to curb deficit
Cutting India's costly subsidies on fuel, food and fertiliser are expected to be one of the big underlying goals of the national budget this week as the Congress party-led government seeks to recover from one of the largest fiscal deficits for 20 years

India on the offensive
The Indian government is seeking to bring Maoist militants to the negotiating table by insisting that mining contracts be reviewed to provide royalty payments for local communities

India to launch trade talks with Israel
India is to launch negotiations to strike a bilateral trade agreement with Israel in what is one of the most tangible symbols of the fast-warming relations between the two countries