Economy and Business

Economy and Business

IMF expects India's role in Indo-Pacific region to expand

The International Monetary Fund expects India's role in the Indo-Pacific region's development to continue to expand because of its robust growth, but it has to carry out more trade reforms, Ken Kang, the deputy director in IMF's Asia Pacific Department said on Friday.

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The growing pain

As economic growth appears to pick up, it would be a good idea to look at the external factors that help or hinder the process. In recent years, the domestic economy has been buffeted by many headwinds from abroad. And these have played a major role in ensuring whether growth is at a fast pace or still at the proverbial snail’s rate of movement. 

 
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In a referendum on Sunday, Swiss voters rejected a proposal for a guaranteed annual income for everybody by an overwhelming 78 per cent to 22 per cent majority. But the idea was not crazy, and it is not going to go away.

 
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Why India won't grow at 8% plus

Ten reasons why we will find it difficult to revert to the high growth rate of previous years

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Tempering economic ebullience

The Central Statistics Office’s (CSO) provisional estimates for the Indian economy for 2015-16 have created a buzz. The estimates show the Indian economy growing at 7.6 per cent in 2015-16, with a surge of 7.9 per cent in the last quarter. This has led some to conclude that 8 per cent growth is around the corner.

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India is paying a price for losing its grasslands

Wiry shrubs and clumps of brown-green fill the semi-arid landscape of Kutch in western India. Many of these patches have, over the years, made way for "more productive" agricultural land. This greening of "wasteland" is, however, degrading a precious and largely ignored ecosystem -- the grasslands. And, as a result,

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IMF expects India's role in Indo-Pacific region to expand

The International Monetary Fund expects India's role in the Indo-Pacific region's development to continue to expand because of its robust growth, but it has to carry out more trade refor...

Read more...