Call it buyers' remorse. Those of us who thought that muscular leadership would revive India's dream of mimicking Chinese-style double-digit expansion are not just disappointed. For many of my generation, our long-cherished hope for a better, greater India is all but gone. We wanted to trade some of our democratic chaos for a little bit more growth. We ended up with l...
From the conditional nature of the recommendation, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking. But the report could pave the way for backdoor entry.
The moth-eaten LVB will cease to exist, its equity completely wiped out.
For all the hype around "Howdy Modi" and "Namaste Trump," the US.-India economic relationship has been backsliding the last four years. To move forward, Joe Biden must steer the conversation away from tariffs, an obsession of his predecessor.
The actual quarrel is only interesting when you read between the lines of the claims and counterclaims.
India's Covid-19 economic gloom turned into despair this week, on news that its per capita gross domestic product may be lower for 2020 than in neighboring Bangladesh.
The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform combining fashion, lifestyle and electronics retail, food and grocery.
The quarrel goes back to Vodafone's 2007 purchase of Li Ka-shing's India wireless business.
Big changes are afoot in Indian agriculture, driven by Prime Minister Narendra Modi at considerable political risk. Freeing up farming markets may be as significant as dismantling industrial licenses in 1991. However, if the state's protection withers away only to reveal a few large capitalists as the new overlords, there will be chaos and misery rather than progress ...
Six years of headline management should have been enough for Prime Minister Modi's government. From justifying its bizarre overnight ban on most banknotes in 2016 to defending suspiciously cheerful gross domestic product data.
Covid-19 has been a shot in the arm for Reliance, despite retail Ebitda of only $145 million in the June quarter, a 47 per cent drop from last year.
The concentration of economic power in aviation infrastructure is now symptomatic of a broader trend in India, particularly in businesses where the government supplies a key ingredient.
From entertainment, education and healthcare to 5G for self-driving cars, Jio hopes to collect tiny sums from roughly 400 million subscribers of its core wireless service.
The shock of the coronavirus lockdown on economic activity could leave several Indian lenders short of capital - just as Yes was in March.
Valuations are sliding, and if policy makers have a plan for rescuing this vital industry, they're keeping it close to their chests.