Economy

An oil tanker sails near Nakhodka, Russia: Crude oil from Russia accounted for about 40% of India's total feedstock imports for its refineries in May.
Opinion

India's Russian oil buying spree isn't anything to worry about

Discounts may not last, but New Delhi can always return to usual suppliers

6 July 2023
Former Japanese Prime Minister Yoshihide Suga, left, visited the site of a high-speed rail project in the Indian city of Ahmedabad on July 5. (Photo by Miki Nose)
International relations

Japan ex-PM to meet Modi in hopes of spurring India business deals

Suga leads delegation of over 100 to highlight opportunities in growth market

6 July 2023
Commuters crowd onto a railway station platform in Mumbai, India. Economists are concerned about generative AI's impact on employment in the nation of 1.4 billion people.
Economy

Economists fear generative AI's impact on India, Indonesia

Survey shows experts worried about fallout in countries with big young populations

3 July 2023
India's Prime Minister Narendra Modi met Tesla Chief Executive Elon Musk in New York on June 20. (India's Press Information Bureau/Handout via Reuters)
Automobiles

Elon Musk 'confident' Tesla will very soon be in India

Tesla boss makes comment after meeting Narendra Modi in New York

21 June 2023
Brisk corporate earnings have drawn overseas money into India stocks, lifting the key index to record levels.
Markets

India outstrips France and U.K. in market cap to take fourth spot

Equities soar to records as investors bank on growing middle class

20 June 2023
A lifeguard patrols Juhu beach in Mumbai during a red flag alert due to approaching cyclone Biparjoy.
14 June 2023
Indian Prime Minister Narendra Modi's government has failed to cut the regulatory cholesterol that is discouraging entrepreneurship and job creation, and in turn GDP growth.
Opinion

Gravity will pull Indian economic growth back down to Earth

Absent revival of demand or private investment, GDP pace will slow

9 June 2023
A Ukrainian soldier drives a captured Russian T-72 tank in the village of Lukianivka, in northwestern Kyiv, Ukraine, in March 2022.
Ukraine war

Russia 'buying back' arms parts exported to Myanmar and India

Reimports appear aimed at improving weapons for use in Ukraine war

5 June 2023
The Lujiazui financial district in Shanghai is the venue for a forum on June 8 and 9 aimed at highlighting China's commitment to financial liberalization.
Your Week in Asia

India-U.S. defense chiefs meeting, TSMC AGM, Lujiazui Forum in Shanghai

Your weekly lineup of Asia's biggest business and political events

4 June 2023
Prime Ministers Narendra Modi, right, and Pushpa Kamal Dahal discuss wide-ranging issues during the Nepali leader's visit to India.
International relations

Indian and Nepali PMs discuss border dispute in New Delhi meeting

Modi says both sides seek closer ties as they sign deals on infrastructure

1 June 2023
India's manufacturing sector remains weak, despite better-than-expected economic growth for the year ended in March.
Economy

India GDP beats forecasts with 6.1% jump in March quarter

Economy grew 7.2% for year as infrastructure drive fuels optimism

1 June 2023
Global business leaders and investors gathered at the annual Milken conference in Los Angeles from April 30 to May 3. 
Business trends

India, Indonesia CEOs woo global investors as 'China plus one' options

Emerging Asia's other big economies vie for attention at Milken Conference

5 May 2023
People walk at a shopping street in Beijing. China's economic growth is being driven by consumer spending, the International Monetary Fund reports.
Economy

China and India to drive half of 2023's global economic growth: IMF

End of zero-COVID seen supercharging Asia-Pacific region

3 May 2023
The smog-shrouded India Gate in New Delhi in 2022. India and China are Asia's largest emitters of greenhouse gases.
Climate Change

Net-zero transition benefits outweigh costs fivefold in Asia: ADB

Fast action, global coordination will help ease change to renewable energy

27 April 2023
Top to bottom: Mukesh Ambani, chairman of Reliance Industries; Gautam Adani, chairman of the Adani Group; and Ratan Tata, former chair of the Tata Group. India Inc.'s top players were spooked by a fall in Adani's share price following an explosive short-seller report in January.
The Big Story

Adani crisis puts India's winner-take-all economy on trial

Under new scrutiny as election nears, India Inc. pulls back on new investments

26 April 2023
A motorcyclist fills up in Mumbai in June 2022: Pump prices have fallen less in India than elsewhere in part due to high transport sector taxes.
Opinion

India will not win its inflation battle with Western weapons

Aligning fiscal and trade policy with monetary policy would reduce price pressure

24 April 2023
A crude oil tanker near the port city of Nakhodka, Russia. India imported more than 6 million tonnes of Russian oil in March.
Commodities

India's dependence on Russian oil soars to 30%

Shift spurred by discounted prices stemming from Western sanctions

23 April 2023
A crowd gathers at a beach in Mumbai for New Year's celebrations: The United Nations says that by mid-year, India will have nearly 3 million more people than China.
Society

India population to surpass China by nearly 3m in mid-2023: U.N.

Report confirms inevitable change atop global leaderboard as challenges loom

19 April 2023
Narendra Modi intends to seek a third term as India's prime minister in a general election next spring.
Politics

India's Modi faces 3 potential snags in reelection effort

Sluggish economy, unemployment and crackdown on opposition seen as concerns

19 April 2023
Apple is getting ready to open the doors to its first directly run store in India on Tuesday.
Your Week in Asia

Apple's first India store, China GDP, Taiwan display show

Your weekly lineup of Asia's biggest business and political events

16 April 2023
Although Sri Lanka still lacks the foreign currency it needs to buy crucial imports, President Ranil Wickremesinghe says there are signs the economy is improving.
Sri Lanka crisis

Japan and India to organize Sri Lanka creditors meeting

Successful resolution could serve as model for future debt restructuring

12 April 2023
The Reserve Bank of India headquarters in Mumbai: The central bank is grappling with inflation above its target range.
Economy

India pauses rate hikes in surprise move amid stubborn inflation

RBI defies most predictions but 'will not hesitate' to take further action

6 April 2023
Asian Development Bank headquarters in Manila
Economy

ADB says developing Asia to grow faster in 2023 on China reopening

Developing Asia to face risks from Russia's Ukraine invasion, banking turmoil

4 April 2023
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin in September: Russia surged from India's 21st largest source of imports to its fourth in April-December 2022.
Trade

Russia aims to widen trade with India as energy ties boom

Moscow to send delegation in April but geopolitics and other obstacles loom

3 April 2023
A truck transports a container at a port in Shandong province, China. Economists expect exports of goods and services to China to support ASEAN economies.
Economy

Thai, Malaysian outlooks improve on tourism, China recovery: JCER

Economists say U.S. bank fallouts emerge as new concern for Asia

2 April 2023