A crude oil tanker in Russia. Russia accounted for around 30% of India's oil imports in 2023.
Trade

Indian imports of Russian oil drop to lowest in a year

Oil minister cites prices, says New Delhi has 'already diversified'

20 February 2024
A knitting machine at a textile factory in Andhra Pradesh in 2022: Capital investment in India is now above 30% of GDP, higher than that of Taiwan and on par with South Korea.
Opinion

This time, India's rapid economic growth has legs

Factors that previously sapped momentum have finally been addressed

16 February 2024
Indian Prime Minister Narendra Modi with senior executives from Foxconn and AMD at a conference in Gandhinagar in July.
Opinion

Foreign investors love Indian stocks, but India not as much

Power of clubby local tycoons discourages companies from entering market

15 February 2024
Indian Prime Minister Modi, left, shakes hands with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on Feb. 13. (UAE Presidential Court via Reuters)
International relations

India's Modi woos UAE and Qatar to counter China in Middle East

New Delhi advances push for competing economic corridor to Europe

15 February 2024
Women disembark from a train in Mumbai, India. The government is renewing a push to promote women's rights in the workplace and address the labor force's skewed gender ratio.
Politics

Modi makes pre-election push to empower India's women

Critics see advisory to boost workforce participation as a sop to voters

12 February 2024
The Reserve Bank of India projects the country's economy will grow 7% next fiscal year.
Economy

India's central bank forecasts 7% GDP growth for next fiscal year

RBI holds rates as chief warns global shocks could 'undo progress' on inflation

8 February 2024
A mother and son at home in Bihar state: A reduction in government spending is to be achieved mostly through cutbacks to subsidies and other support for rural areas.
Opinion

India's new government budget hints at overconfidence

Election-time spending restraint offset by rosy revenue and cost projections

7 February 2024
Taiwan's Acer and Asustek are two of the world's biggest makers of personal computers. (Source photos by AP and EPA/Jiji)
Supply Chain

Taiwan's Acer and Asustek double down on 'Make in India'

Move comes as New Delhi weighs tighter import restrictions

7 February 2024
A garment factory in Gazipur, Bangladesh. The country has sustained companies with cash incentives on their exports, but it is dialing them back.
Economy

Bangladesh weans garment industry off subsidies for new-look economy

Dhaka faces outcry over early transition from a 'least developed country'

6 February 2024
The Chinese economy is still weighed down by weak consumption and property market woes.
Economy

OECD revises 2024 global growth forecast upward, but notes risks

China held back by housing, consumption woes, but Asia overall still bright

5 February 2024
A fruit vendor waits for customers in front of a makeshift Pakistan People's Party office in Karachi on Feb. 1. The country's economic crisis, including high inflation, is sure to challenge the next government.
Pakistan elections

Pakistan's economic crisis looms over last days of election campaign

Next government faces billions in debt bills, fallout from crackdown on Imran Khan

5 February 2024
India's Finance Minister Nirmala Sitharaman, center, holds up the budget folder in New Delhi on Feb. 1.
Economy

India's interim budget signals Modi confidence ahead of elections

Infrastructure gets another boost but government avoids 'spectacular' outlays

1 February 2024
Residents visit a fair ahead of the Chinese Lunar New Year in Beijing.
Economy

Resilient China and U.S. lift IMF global economic outlook for 2024

Growth forecasts also upgraded for India, ASEAN-5 but cut for Japan

31 January 2024
Ferdinand Marcos Jr. speaks at a summit in California in November 2023. The Philippine president heads to Vietnam this week.
Your Week in Asia

Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary

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

28 January 2024
Skilled workers wait for interviews and tests at a Haryana state government recruitment drive to send workers to Israel on Jan. 17.
Middle East crisis

Indian workers flock to Israeli jobs despite war and ethical concerns

High demand for positions reflects employment pressures in most populous nation

24 January 2024
U.S. President Joe Biden, right, and Indian Prime Minister Narendra Modi attend a Partnership for Global Infrastructure and Investment event at the G20 summit in New Delhi on Sept. 9, 2023.
International relations

Global South on the rise but likely to make world order unpredictable

Pole shift from north to south does not simply translate to a better, more stable world

22 January 2024
Deserted, dry slopes are seen in Gulmarg, Jammu and Kashmir, on Jan. 11. (Photo by Faisal Bashir)
Climate Change

Kashmir snow crisis raises fears of upcoming water woes

Dry winter hits ski resorts hard and prompts warnings on agricultural impact

21 January 2024
Laborers stand on top of the illuminated grand temple of Lord Ram ahead of its opening in Ayodhya in India.
Your Week in Asia

India opens Ayodhya Hindu temple, BOJ meeting, Hyundai Motor earnings

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

21 January 2024
A customer checks flags to be used for election campaigns at a shop in Karachi on Jan. 18.
Pakistan elections

Pakistan election battle focuses on fairness, security: 5 things to know

Economy on back burner as campaign puts a new spin on old problems

20 January 2024
India's women and child development minister Smriti Zubin Irani, at far left, and minister of petroleum, natural gas, housing and urban affairs Hardeep Singh Puri, far right, both said India has "seized the moment" at a panel in Davos on Thursday. (Photo by Kenji Kawase)      
Davos 2024

India ministers sell bullish view at Davos as China's growth falters

South Asian nation has 'already seized the moment,' officials say

19 January 2024
A British Typhoon jet is pictured in Cyprus after striking targets in Yemen during an operation against Houthi militants targeting shipping in the Red Sea. (U.K. Ministry of Defence via Reuters)
International relations

Red Sea conflict plunges Bangladesh garment makers into the red

Surging costs and lead times dent orders, worsening already weak market

18 January 2024
Pakistan's caretaker government is pushing a plan to turn the IT sector into a bigger source of revenue. (Nikkei montage/Source photo by Reuters)
Economy

Pakistan faces hurdles on path to India-style tech takeoff

IT pros cite talent retention, internet shutdowns and payment limitations

15 January 2024
Adani Group Chairman Gautam Adani, left, at the Vibrant Gujarat Global Summit on Jan. 10. (Photo by Ryosuke Hanada)
Business trends

Tata, Adani and Reliance rush to Modi's home turf of Gujarat

Top Indian groups lay out plans for new investments at Vibrant Gujarat forum

13 January 2024
Prime Minister Sheikh Hasina: As formal political competition has declined, the legitimacy of Awami League rule has come to be based on its ability to deliver growth and development.
Opinion

Real challenge for Bangladesh PM Hasina still lies ahead

Public is losing confidence that ruling Awami League can manage economic crisis

12 January 2024
Rajesh Kumar Singh, India's secretary for promotion of industry and internal trade, says a decline in foreign investment inflows is "mainly because of a combination of geopolitical factors." (India's Department for Promotion of Industry and Internal Trade)
Davos 2024

India readies pitch to woo global investors at Davos

Industry secretary says dip in foreign direct investment only 'temporary'

12 January 2024