India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the union budget in the parliament in New Delhi on July 23.
Economy

Modi government focuses on job creation in post-election budget

Bonanza for states under Indian allies as new administration needs their support

23 July 2024
A man walks past damaged vehicles that were set afire by a mob after violence answered student protests against government job quotas, in Dhaka, Bangladesh, on July 21.
Bangladesh turmoil

Bangladesh protesters demand government take responsibility for deaths

Prime Minister Sheikh Hasina called on to apologize and fire the home minister

22 July 2024
Laborers work at a construction site on a hot summer day in Noida, India. Indian Prime Minister Narendra Modi says investments on infrastructure are creating jobs.
Economy

India's Modi boasts record job creation amid opposition's attack

Employment growth rate provisionally doubled to 6% in last fiscal year, RBI says

22 July 2024
Indian Finance Minister Nirmala Sitharaman will present the government's full annual budget on July 23. It is expected to focus heavily on welfare programs and infrastructure.
Your Week in Asia

India budget, ASEAN foreign ministers meetings, SK Hynix earnings

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

21 July 2024
Anti-quota protesters carrying Bangladeshi flags engage in a clash with the student wing of the ruling Bangladesh Awami League at the University of Dhaka on July 16.
Bangladesh turmoil

Student protests in Bangladesh over job quotas escalate into violence

Prime Minister Hasina's use of derogatory term for activists further fuels anger

18 July 2024
A family harvests red chili peppers in Pakistan. The IMF has asked Pakistan to tax agriculture.
Economy

Pakistan's IMF program 'at risk' if agriculture goes untaxed

Fund also advises nation to avoid building new power plants, chief of mission says

18 July 2024
Demonstrators in Bara, Pakistan, protest against new taxes on July 7: The government's push to increase revenues has not been popular.
The Big Story

Why Pakistan cannot resist going back to the IMF for another fix

Latest $7bn injection of support will not itself end country's cycle of dependence

17 July 2024
Signals suggest that policymakers in the administration of Prime Minister Narendra Modi will continue to work on boosting private investment.
Opinion

India's path to prosperity is through growth, not redistribution

Why supply-side reforms and private investment are key to nation's economic future

16 July 2024
Staff from housekeeping services provider Bears. While a severe labor shortage in Japan means many companies are keen to hire from overseas, comparatively low wages and the historically weak yen are blunting the country's appeal. (Photos by Yuji Murakami and Ryosuke Matsui)
Asia Insight

Japan's new enemy in fight to lure immigrant workers: The tumbling yen

Visa rules eased, but currency weakness tarnishes Japan's appeal for overseas hires

16 July 2024
Khadga Prasad Sharma Oli, chief of the Communist Party of Nepal, has the backing of the Nepali Congress -- the country's largest political party.
Politics

Nepal appoints veteran Communist politician as new prime minister

Oli becomes 14th prime minister since 2008, with majority support in Parliament

15 July 2024
SadaPay gives Turkey's Papara fairly low-cost access to Pakistan's huge digital wallet market, and the deal could bring other foreign investors to the South Asian nation.
Startups

SadaPay deal has Pakistan looking to startups to attract foreign capital

Turkish fintech Parapa's acquisition of digital wallet startup seen as a harbinger

14 July 2024
Toyota's electric vehicle bZ4X was on display last August at the Gaikindo Indonesia International Auto Show. Japanese carmakers have long dominated the Indonesian market.
Your Week in Asia

China 'third plenum' meeting, ADB economic outlook, Indonesia Auto Show

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

14 July 2024
The new loan deal, which is subject to approval by the IMF's executive board, is to last 37 months.
Finance

Pakistan reaches $7bn loan deal with IMF

Government promises to increase tax collection and number of payers

13 July 2024
An aerial view shows residential and commercial buildings in Kolkata, India. The global population, currently around 7.6 billion, is projected by the United Nations to surge to 11.2 billion by 2100.
Opinion

Is the world ready to house 10 billion people?

World Population Day highlights urgent need for sustainable solutions as numbers balloon

11 July 2024
Breaking down coal at a yard in Sonbhadra, Uttar Pradesh, India, on Nov. 23, 2021. Climate change, worsening heat waves and parched dams are cutting India's hydroelectricity production and leading to the encroachment of coal mining projects on rural communities.
The Big Story

India's climate crisis: New coal mining spreads as heat waves drain hydro dams

Remote communities desperate to protect nature take up bows and arrows to scare off mine officials

10 July 2024
A commuter walks past the building of India's Ministry of Finance during dusk in New Delhi, India. The current economic climate is not only providing India with fodder for growth, but it is also a recipe for disaster.
Opinion

Warning signs are flashing over India's financial excesses

Risk-taking could inflate bubbles in the nation's economy.

9 July 2024
India is forecast to account for 20% of growth in global food consumption over the next decade as its economy and population grow.
Agriculture

India to drive food demand as China's appetite wanes: report

Reducing waste is critical as climate risks grow, says U.N. agency and OECD

9 July 2024
Technicians work on solar panels installed on the roof of a house in Karachi on June 8. Solar panels, mostly from China, are spreading across Pakistan as residents seek solutions to outages and hefty bills.
Asia Insight

Pakistan's rooftop solar boom shines spotlight on power crisis

Blackouts, soaring electricity bills spur urban, rural residents to install own panels

9 July 2024
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin meet in September 2022 on the sidelines of the Shanghai Cooperation Organisation's summit in Uzbekistan.
International relations

Modi travels to Moscow for first time since Ukraine war

Visit shows 'resilience' of India-Russia ties amid global uncertainty, observers say

8 July 2024
Samsung Electronics workers hold a rally in Hwaseong, south of Seoul, on April 17 to demand better working conditions. (Photo by Kim Jaewon)
Your Week in Asia

Modi meets Putin, Samsung faces strike, Philippines-Japan '2-plus-2'

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

7 July 2024
Tata Steel workers in Port Talbot and Llanwern have suspended a strike as talks between their trade union and company continue over future investment. 
Work

Tata Steel workers in U.K. suspend strike action

Around 1,500 workers at Port Talbot, Llanwern were due to begin indefinite strike

1 July 2024
Indian Prime Minister Narendra Modi gestures at the Bharatiya Janata Party (BJP) headquarters in New Delhi on July 4.
Opinion

The road ahead for Modi and India

Nation of 1.5bn people faces enormous challenges over the next decade

1 July 2024
Electric vehicle maker BYD is opening a new factory in Thailand as Chinese EV producers face the prospect of stiff EU tariffs.
Your Week in Asia

Tokyo picks next governor, Shanghai AI conference, BYD opens Thai factory

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

30 June 2024
Pakistani police officers take position during a counterterrorism training session.
Terrorism

Pakistan eyes new counterterror operations as security deteriorates

Government unveils plan after Chinese official warns future investment at risk

27 June 2024
Sri Lankan President Ranil Wickremesinghe hailed the debt restructuring plan as a "significant milestone." (Photo by Shinya Sawai)
27 June 2024