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WEF India
India Economic Summit
Global business and political leaders meet in New Delhi for a three-day summit to discuss India’s next generation of growth. Follow the FT’s coverage
Principal content
EU and India to establish free trade by 2010
EU officials said they would push hard for a bilateral free trade agreement with India at the one-day summit in New Delhi but Indian ministers were more cautious
Gold extends record high on India purchase
Gold prices surged to an all-time high after India’s central bank bought 200 tonnes of the precious metal, swapping dollars for bullion as the country’s finance minister warned the economies of the US and Europe had ‘collapsed’
India flexes its foreign reserve muscles
India’s purchase of 200 tonnes of gold from the International Monetary Fund displayed the economic strength of the world’s two fastest growing large economies, New Delhi said
New Delhi puts hallmark on return to gold
For the past 20 years central banks have been in the grip of anti-gold sentiment. Today the picture looks decidedly different: sales in Europe have slowed to a crawl and Asian banks have started swapping their dollars for gold
IMF sells 200 tonnes of gold to India central bank
The International Monetary Fund will use the $6.7bn from the sale to shore up its long-term finances and subsidise loans to poor countries
India starts to tighten monetary policy
India’s central bank takes the first steps to unwind its ultra-loose monetary policy adopted to ward off the ravages of the global financial crisis
Short View: A decoupled world
Asian economies are already at the point where overheating is the main danger, while US consumers, for all the money thrown at them, are still not feeling any better, writes John Authers
James Lamont: Is the new altruism a means to an end?
The mood is different in India’s government. Mrs Gandhi led the way by flying economy class from New Delhi to Mumbai, writes James Lamont
Global Insight: Urban India remains a work in progress
New Delhi, designed as an administrative centre by Edwin Lutyens, is again a building site a century on in preparation for next year’s Commonwealth Games
Asian countries seek to rein in property prices
Singapore and South Korea have tightened rules governing loans to the property sector and India may soon follow suit. China and Hong Kong have also warned banks to avoid imprudent lending to homebuyers
