Anup Roy Bloomberg
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Young Indians More Likely To Be Unemployed If They're Educated, Says Report
In India, higher educated young people are more likely to be unemployed than those without any schooling, according to the International Labour Organization.
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"Greatest Mistake India Can Make Is To Believe...": Raghuram Rajan's Warning
India is making a big mistake believing the "hype" around its strong economic growth since there are significant structural problems that need to be fixed for the country to meet its potential, former central bank Governor Raghuram Rajan said.
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Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
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RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns
For regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.
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What RBI Order Means For Paytm And Its Users
Indian regulators ordered the parent of digital-payments provider Paytm to halt a bulk of its business, dealing a severe blow to a high-profile tech pioneer that grappled for years with regulators and criticism around its Chinese backing.
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Rural Welfare And Infra Push: What To Expect From Pre-Election Budget
Prime Minister Narendra Modi will likely use India's last budget before the elections to woo voters with new spending measures, while avoiding a fiscal deficit increase.
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India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
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Cricket World Cup May Add Rs 22,000 Crore To Indian Economy: Report
The Cricket World Cup may boost host country India's economy by as much as Rs 22,000 crore ($2.6 billion), economists at Bank of Baroda estimate.
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Working Moms-In-Law Lift Female Employment In India, Study Says
Women in India are far more likely to seek formal employment if their mother-in-law has a job, a study has found.
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Why India's Push To Boost Rupee Payments Has Seen Limited Success
India's year-old campaign to boost the rupee's role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar.
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India's Economy Is Booming, But Warning Signs Emerge
India's booming economy is the envy of other major markets. But beyond the hype and expectation, people who watch the country closely are flagging warning signs.
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India's Economy Is Buzzing But Weaker Exports Could Be A Drag
India's economic activity picked up pace in April on record tax collections and a booming services sector though rising unemployment and weaker trade metrics could sap some sentiment.
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India's Economy Signals Resilience Even As Exports Dim Outlook
India's economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that's surpassing China as the most populous nation.
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Spike In Interest Rates Leaves Indian Homeowners In Unenviable Position
India's sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they'll still be paying decades after they should have retired.
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Sizzling Heat Wave Puts India's Farm Sector, Economy At Risk
India's thriving farm sector - the only bright spot in its slowing economy - has become a hostage to warnings of a heat wave, muddling the outlook for policy makers already grappling with sticky inflation.
-
Young Indians More Likely To Be Unemployed If They're Educated, Says Report
In India, higher educated young people are more likely to be unemployed than those without any schooling, according to the International Labour Organization.
-
"Greatest Mistake India Can Make Is To Believe...": Raghuram Rajan's Warning
India is making a big mistake believing the "hype" around its strong economic growth since there are significant structural problems that need to be fixed for the country to meet its potential, former central bank Governor Raghuram Rajan said.
-
Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
-
RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns
For regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.
-
What RBI Order Means For Paytm And Its Users
Indian regulators ordered the parent of digital-payments provider Paytm to halt a bulk of its business, dealing a severe blow to a high-profile tech pioneer that grappled for years with regulators and criticism around its Chinese backing.
-
Rural Welfare And Infra Push: What To Expect From Pre-Election Budget
Prime Minister Narendra Modi will likely use India's last budget before the elections to woo voters with new spending measures, while avoiding a fiscal deficit increase.
-
India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
-
Cricket World Cup May Add Rs 22,000 Crore To Indian Economy: Report
The Cricket World Cup may boost host country India's economy by as much as Rs 22,000 crore ($2.6 billion), economists at Bank of Baroda estimate.
-
Working Moms-In-Law Lift Female Employment In India, Study Says
Women in India are far more likely to seek formal employment if their mother-in-law has a job, a study has found.
-
Why India's Push To Boost Rupee Payments Has Seen Limited Success
India's year-old campaign to boost the rupee's role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar.
-
India's Economy Is Booming, But Warning Signs Emerge
India's booming economy is the envy of other major markets. But beyond the hype and expectation, people who watch the country closely are flagging warning signs.
-
India's Economy Is Buzzing But Weaker Exports Could Be A Drag
India's economic activity picked up pace in April on record tax collections and a booming services sector though rising unemployment and weaker trade metrics could sap some sentiment.
-
India's Economy Signals Resilience Even As Exports Dim Outlook
India's economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that's surpassing China as the most populous nation.
-
Spike In Interest Rates Leaves Indian Homeowners In Unenviable Position
India's sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they'll still be paying decades after they should have retired.
-
Sizzling Heat Wave Puts India's Farm Sector, Economy At Risk
India's thriving farm sector - the only bright spot in its slowing economy - has become a hostage to warnings of a heat wave, muddling the outlook for policy makers already grappling with sticky inflation.
