Uncertain future for India’s middle class

Kerowa Gram Panchayat, Purulia, West Bengal. The tailor Yudhishthir Mahto and Bheem Chandra Mahto, his brother
©Swastik Pal

Aspiring vulnerable to economic and political change

The Fragile Middle

Slowdown puts 1bn middle class at risk

FT analysis questions durability of march out of poverty in emerging markets

Big increase in US producer prices

UK construction output falls and India’s trade balance narrows

Rajan warns on co-operation breakdown

RBI chief attacks QE in front of Bernanke

Rising inequality is Asia’s main challenge

Much of the benefit of economic growth goes to those who were already better off

More to rupee recovery than Modi mania

Improving growth outlook and central bank action have been key

Hawkish RBI holds rates at 8%

Core inflation remains an issue for India’s central bank

India seeks to shed ‘fragile five’ tag

Analysts say recovery follows hitting the bottom

India’s Congress in low-caste jobs pledge

Private sector attacks affirmative action move as ‘populism’

Brazil’s monthly GDP beats expectations

UK trade deficit widens while the Netherlands posts a surplus

India sets Modi-Gandhi poll battle date

More than 800m eligible to vote in general election

India’s economy expands quarterly 4.7%

Pace of growth comes in below market expectations

What if Modi fails to win India majority?

Smaller parties look to creation of a ‘third front’ government

IMF warns India of risks as polls loom

GDP growth to decline by half from three years ago

India’s parliament clashes over new state

Tempers flare over plan to create Telangana state

US challenges India over solar power

Second WTO move highlights fraught relationship

Tata tea worker share scheme criticised

Poor employees claim they were coerced into joining, study says

India’s central bank chief hits out at US

Rajan says west cannot wash hands of emerging markets

India moves to tackle ‘grave risk’ of inflation

Central bank move is third increase in six months

RBI’s reform a hard sell to New Delhi

Politicians will resist Rajan’s plans for monetary policy