Economy

Air India has lost money amid fierce competition against private carriers such as IndiGo, below.
Economy

India ramps up privatization of state enterprises

Longtime loss-maker Air India among 23 companies up for sale

25 August 2019
India's former Finance Minister Arun Jaitley speaks with the Nikkei Asian Review in an interview in 2015. (Photo by Yuji Kuronuma)
Politics

Modi's trusted aide Jaitley dies at 66

Former Indian finance minister credited with leading historic tax reforms

24 August 2019
Indian Prime Minister Narendra Modi gives his Independence Day speech on Aug. 15, in which he insisted that scrapping the special status of Jammu and Kashmir was necessary for the region's development.
International relations

Kashmir looms over Modi's trip to France and Middle East

Indian PM makes countermove as Pakistan vows to take dispute to Hague

22 August 2019
Indian Finance Minister Nirmala Sitharaman enters parliament on July 5 to present the government's 2019 budget, which included a proposal to issue foreign-currency debt.
Economy

India's plan to float foreign-currency bonds stalls

Experts warn of debt 'addiction' and fault lack of clear policy framework

21 August 2019
New-auto sales in India fell 17% for the April-June quarter. Industry officials say the decline stems in large part from nonbank lenders' struggles.  (Photo by Takaki Kashiwabara) 
Economy

India's shadow bank woes rattle broader economy

Auto industry skids as cash-strapped lenders pull back from car financing

18 August 2019
Singapore's business district: there will be hardly any help from outside for the city-state.
Opinion

Asian exporters must heed Singapore's recession warning signs

Southeast Asian nations will fall victim to same global troubles

16 August 2019
Large swaths of the Kashmir region have remained in a communications blackout since Aug. 5.
International relations

India's stature helps mute responses to Kashmir power grab

Pakistan seeks Security Council meeting but Russia has already backed the move

14 August 2019
Indian Prime Minister Narendra Modi enjoyed a landslide electoral victory in May, but building economic gloom is already casting a shadow over his government's second term. (Photo by Kosaku Mimura)
The Big Story

Modi seeks reforms to India's stuttering economy

Landslide victory gives reelected prime minister a second chance at 'Modinomics'

14 August 2019
Workers assemble a Tata Tiago car inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India.
Automobiles

India autos slash jobs and showrooms as sales drop 31% in July

Credit crunch triggers nine straight months of decline

14 August 2019
Narendra Modi visits Sri Lanka in June 2019: if connectivity initiatives have to succeed, "we must also build bridges of trust," said Modi.
Opinion

India responds to Belt and Road Initiative with infrastructure push

New Delhi does not want China to dominate its backyard so has started spending

13 August 2019
Asia has not been insulated from the risk of surging corporate debt. 
Datawatch

Asia's 'zombies' concentrated in India, Indonesia and South Korea

Debt-laden companies kept alive by easy credit have doubled in decade

11 August 2019
Local gold prices have even become higher as China's yuan and India's rupee weakened. In India, dealers offer a discount of $15 per ounce over official domestic price to jewelers, their primary customers, to boost demand.
Commodities

Indians and Chinese hang on to their gold as futures prices rise

With futures at six-year high, world's biggest buyers of the metal lose interest

10 August 2019
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9 August 2019
Reserve Bank of India led by Gov. Shaktikanta Das cut the policy rate to boost Indian economy.
Economy

Rate cut spreads in Asia, but currency risks loom

India, Thailand and New Zealand surprise analysts with bigger-than-expected moves

8 August 2019
Solar panels could provide an efficient option in tropical nations requiring significant new generating capacity.
Opinion

Asia is the right place for a US 'Green New Deal'

Funding environmentally friendly projects would curb emissions and provide BRI alternative

7 August 2019
Indonesian President Joko Widodo and Indian Prime Minister Narendra Modi are both keen to bring the Olympics to their countries. (© Nikkei montage/Source photos by Getty Images)
Asia Insight

Indonesia and India seek Olympic glory with rival bids

Both see 2032 Games as a chance to step out as global powers

6 August 2019
India will need a permanent public debt management office which decides on the currency mix of the country's overall borrowing.
Opinion

India should use foreign money to fund infrastructure boom

Selling debt in dollars and yen has few risks and great advantages

5 August 2019
China and the U.S. will continue to lead the world in GDP, but mounting protectionist sentiment is threatening to split the world into rival economic blocs.
Economy

US and China to fight for top GDP in 2060 while Japan dips to 5th

Report claims digital tech and free flow of data keys to future global economy

1 August 2019
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31 July 2019
Chennai's seven million residents have survived on deliveries from tankers.
Opinion

Chennai's drought has tough lessons for Asia's economies

Chronic water shortages risk hampering industrial globalization

31 July 2019
Women fetch water from an opening made by residents at a dried-up lake in Chennai, India on June 11.
Economy

Droughts hit Thailand and India, risking stress on food supplies

Rice producers see further export cut; Australia scrambles to import wheat

29 July 2019
Modi should make full transparency a top priority.
Opinion

India's GDP growth figures are hard to trust

Narendra Modi needs to ensure the country's statistics are accurate

29 July 2019
Workers assemble a Tigor model at a Tata Motors plant in Sanand, India.
Automobiles

India car market reels from financial and regulatory triple threat

Tighter loans, higher insurance and tougher emission standards drive sales slump

28 July 2019
India's Prime Minister Narendra Modi, left, and Chinese President Xi Jinping. (Source photo by Reuters)
International relations

India keeps pushing to cut trade deficit with China

New Delhi aims to capitalize on trade war and uses RCEP to pressure Beijing

26 July 2019
A ship loaded with containers readies to depart Qingdao in China's Shandong Province.
Trade war

Trade war triggers Asia-wide exports slump

China slowdown ripples through supply chain, hurting Singapore and Thailand

26 July 2019