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Indian economy

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Business

India pulls ahead as world's fastest growing large economy

India has extended its lead as the world's fastest growing large economy overtaking China as GDP expanded by 7.9 percent between January and March.

India has extended its lead as the world's fastest growing large economy overtaking China as GDP expanded by 7.9 percent between January and March.

Business

Tata Steel wants to sell UK business, finding a buyer will be a problem

India's Tata Steel has decided to sell its steel making operations in Britain, but will likely struggle to find a buyer amid falling prices and huge overcapacity in China.

India's Tata Steel has decided to sell its steel making operations in Britain, but will likely struggle to find a buyer amid falling prices and huge overcapacity in China.

Business

India touts for foreign companies and investment

Long a difficult place for foreign companies, India has launched a major effort to attract manufacturers and investors Prime Minister Narendra

Long a difficult place for foreign companies, India has launched a major effort to attract manufacturers and investors Prime Minister Narendra

Business

AgustaWestland helicopter deal scrapped by India

AgustaWestland – the Anglo-Italian helicopter division of Italian defence group Finmeccanica – has suffered a major blow with the Indian government

AgustaWestland – the Anglo-Italian helicopter division of Italian defence group Finmeccanica – has suffered a major blow with the Indian government

Business

UK supermarket giant Tesco set to become first to open in India

British supermarket giant Tesco is set to become the first foreign retailer to set up a chain of stories in India. India’s Foreign Investment

British supermarket giant Tesco is set to become the first foreign retailer to set up a chain of stories in India. India’s Foreign Investment

News

India's President: 'I can change my friends, but not my neighbours'

Pranab Mukherjee has been president of India for just over 12 months. Though his role as head of state is largely ceremonial Mr Mukherjee is a

Pranab Mukherjee has been president of India for just over 12 months. Though his role as head of state is largely ceremonial Mr Mukherjee is a

News

Emerging or submerging: currency turmoil

The recent fierce selloff of many emerging economies currencies has now abated somewhat, but the crisis is not over by a long way. The expected

The recent fierce selloff of many emerging economies currencies has now abated somewhat, but the crisis is not over by a long way. The expected

Business

Indian rupee tumbles further

India’s currency, the rupee, continued to slump as foreign investors pull their money out of the country. The exodus comes with India facing stiff

India’s currency, the rupee, continued to slump as foreign investors pull their money out of the country. The exodus comes with India facing stiff

Business

Indian rupee's rout continues

It seems there was little success from the Indian central bank’s latest efforts to prop up the country’s sliding currency without choking off

It seems there was little success from the Indian central bank’s latest efforts to prop up the country’s sliding currency without choking off

Business

Indian rupee continues to slide

The Indian rupee has slumped to a record low and looks poised for further falls. That is despite a series of measures unveiled last week by the

The Indian rupee has slumped to a record low and looks poised for further falls. That is despite a series of measures unveiled last week by the