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New Delhi offers to suspend mine deals
The government has offered to suspend contracts with mining companies in parts of the country in a bid to persuade Maoist rebels to lay down their weapons
Call for ‘green revolution’ in India
While the economy has grown robustly, agricultural production – including of pulses, a staple – has stagnated, leading to rocketing prices
Indian growth set to hit 7.2 per cent
India’s economy is expected to grow at a rate of 7.2 per cent this year on the back of strong growth in the manufacturing and mining sector, the government has said
India banks plan recruitment spree
Banks operating in the subcontinent are planning to hire at least 50,000 people in 2010, a further sign that Asia’s third-largest economy is quickly recovering
Scrutiny of foreign banks urged on India
A World Bank adviser says the near-failure of global financial groups in their own territories should encourage emerging market regulators to be more vigilant about overseas banking operations
Maruti’s sales hit a monthly high
India’s largest automaker reports a 33% increase in January sales as loan availability increases and new emissions rules loom
India exports show healthy rise
Merchandise exports in December grew 9.3 per cent over last year, the second straight monthly rise, fuelled by strengthening trade ties with Asia and Africa
India increases reserves burden on banks
India’s central bank took steps to exit the loose monetary policy it adopted during the global financial crisis, as it tried to steady inflation expectations without hurting a quickening recovery
India banking reforms focus on Islamic finance
The Congress party has proposed the introduction of Islamic financial products and was seeking regulatory approval for a move to capture one of the fastest growing sectors in the financial services industry
Opinion: India’s poverty curse
India stands out as an islands of growth in an ocean of economic debris, in the aftermath of the the global crisis. However, a string of recent reports show that it continues to fall behind other emerging economies when it comes to fighting poverty, writes Kunal Kumar Kundu
