iOS app Android app

India Economy

The Price of Sweat: America's Minimum Wage Debate Echoes in India

Jehangir S. Pocha | Posted 04.17.2014 | World
Jehangir S. Pocha

Currently, India's labor laws only apply the 20 to 25 million workers in what is called the "organized sector," which includes registered corporations and businesses. New higher minimum wages must also be made to apply to the other 175 million workers who work in the unorganized or unincorporated sector, as farm hands, pushcart vendors, construction workers, private security guards, household help, drivers, shoe shiners, waiters, shop help etc. Currently, this is not happening.

Are Indian Companies Facing a Global Trust Deficit?

Shehzad H. Qazi | Posted 01.23.2014 | Business
Shehzad H. Qazi

Trust in Indian firms has declined over the past two years. While in 2010 and 2011 India was the most trusted emerging market country, in 2013 it has fallen even below the emerging market average.

Charting a Better Path Forward for Indian Economic Growth

Robert D. Atkinson, Ph.D. | Posted 07.24.2013 | Business
Robert D. Atkinson, Ph.D.

To be clear, a strong, growing, and collaborative trade relationship between the United States and India is in both parties' best interests. But India's recent trade policies are placing that relationship in jeopardy.

Elevator Assets and the Rules for the New Mercantilism -- Israel, Russia, China and the United States

Edward Goldberg | Posted 06.07.2013 | World
Edward Goldberg

Israel, dubbed the "Start Up Nation," with its increasing economic dependence on technology, could be the first nation to see the beginnings of this covert clash between its human assets and its state policy.

Is India Having a Crisis of Soul?

Deepak Chopra | Posted 06.04.2013 | World
Deepak Chopra

There is something important here that India's leaders -- and all global leaders -- must consider: A nation's soul precedes its human development. Organic human development will not occur in India if the majority of everyday experiences are negative.

Promoting Women's Economic Participation in India

Cherie Blair | Posted 05.21.2013 | World
Cherie Blair

Women are half India's demographic dividend; if they are given the right tools and community support, they can not only become financially independent, but could also become the engines that fuel India's future growth.

Ours Are Emerging Times

Felix Marquardt | Posted 04.29.2013 | World
Felix Marquardt

The new actors of globalization aren't concepts or acronyms; they aren't even regions or countries. They are individual women and men, and it is time we became acquainted with them.

India: A Nation Rising From the Slums of Mumbai

Brett Hahn | Posted 11.11.2012 | Teen
Brett Hahn

In a country that is home to some of the wealthiest tycoons on the planet, it is those living in working slums, like Dharavi, who are the backbone of the nation's economic prosperity.

Can India Grow Without Its Women?

Sairee Chahal | Posted 10.21.2012 | Impact
Sairee Chahal

When you do a little math, given that India produces the largest number of graduates in the world, is home to over a billion people and not to mention the overarching environment that is not particularly great for women -- it is easy to guess that something is majorly amiss.

India on an Edge

John Graham | Posted 06.27.2012 | World
John Graham

From my recent trip, I'd say whether or not India meets this challenge is an open question. In 2012, India seems on an edge.

Lowering the Speed Limit for World Economic Growth

Jeffrey Rubin | Posted 08.07.2012 | Business
Jeffrey Rubin

Despite the best efforts of central banks and finance ministries, even unprecedented fiscal and monetary stimulus aren't enough to keep the global economic recovery from stalling.

Getting To Know India's New Collectors

Posted 02.22.2012 | Arts

Newly keen on art as investment, Indian collectors are coming out of the woodwork to invigorate the country's previously dormant contemporary art scen...

India Feels the BRIC-bats

Urmila Venugopalan | Posted 04.01.2012 | World
Urmila Venugopalan

The venality, equivocation and change-aversion of India's leaders could jeopardize the country's long-term economic prospects and prevent it from realizing its ambition to become a 21st century global power.

Is India's Caste System Headed For Change?

AP | TIM SULLIVAN | Posted 02.21.2012 | World

AGRA, India — As far back as he can remember, people told Hari Kishan Pippal that he was unclean, with a filthiness that had tainted his family ...

Indian Shopkeepers On Massive Strike

AP | Posted 01.31.2012 | World

NEW DELHI -- Shops around India closed their doors Thursday in a strike called to protest a new policy to allow big-box retailers into the country. O...

India's Courage Deficit

Daniel Wagner | Posted 01.28.2012 | World
Daniel Wagner

Many in the West may not realize it, but India is in the middle of what is shaping up to be a severe economic crisis.

India: Linked or De-linked From the Global Economy?

Anoop Singh | Posted 12.27.2011 | Business
Anoop Singh

What does the more somber darker global outlook mean for India? And exactly what policies are needed?

Indian Untouchables Become Millionaires

Swaminathan S. Anklesaria Aiyar | Posted 11.01.2011 | World
Swaminathan S. Anklesaria Aiyar

The poorest, lowest of all Hindu castes -- once called untouchables and now called dalits (meaning the oppressed) -- have started spawning millionaires.

America's Relationship with India: A Source of Security in Times of Turmoil

Rajeev Sharma | Posted 06.01.2011 | Business
Rajeev Sharma

Imagine a country that declares its independence from Great Britain, forges democracy from diversity, enjoys robust economic growth, and emerges as a world power. You've just described the United States -- and modern India.

India's Mood Darkens As Corruption Undermines Nation's Self-Confidence

Washington Post | Simon Denyer | Posted 05.25.2011 | World

NEW DELHI - Just a few months ago, India was preening itself in the global spotlight. World leaders were queuing up to visit, and President Obama famo...

China and India's Battle for Influence in Asia

Daniel Wagner | Posted 05.25.2011 | World
Daniel Wagner

The recent signing of a Comprehensive Economic Partnership Agreement between India and Japan will soon make each country the other's largest trading partner. And both remain concerned about the rising power and influence of China.

Beyond the G20: A World We Can Believe in

Deepak Chopra | Posted 05.25.2011 | World
Deepak Chopra

When the rich man's club of nations expanded from the G7 to the G20, a new element was added. Instead of being about money and trade, the G20 is about something else: aspiration.

U.S. Call Centers Wokers Now As Cheap To Hire As Their Indian Counterparts

ft.com | James Lamont and Joe Leahy | Posted 05.25.2011 | Business

Call centre workers are becoming as cheap to hire in the US as they are in India, according to the head of the country's largest business process outs...

IMF Predicts Global Econony Will Grow More Than 4% This Year Thanks To China And India

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-tha...

Economics for a New Century

Ann Lee | Posted 05.25.2011 | World
Ann Lee

The U.S. needs to get religion in the form of a new economic ideology to realign our priorities.