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Indian inflation spurs intervention call
With general elections due next year, the ruling coalition is becoming vulnerable to pressure from the country’s four main leftist parties to curb economic liberalisation
Comment: India’s public sector needs decent incentives
Joe Leahy’s brush with India’s labyrinthine bureaucracy convinced him of the scale of the government’s task in working out how to provide the right incentives to turn civil servants into public servants
India urged to raise civil servant pay
The finance ministry receives recommendations to raise wages for some 4m workers by about 40%, but some economists warn that sweeping rises would strain the exchequer
Vodafone in Mumbai showdown
An upcoming Indian decision on tax liabilities involving Vodafone could have massive implications for foreign investors in the mergers and acquisitions market
India delays licence for UBS
Switzerland’s biggest bank suffers further blow as the Reserve Bank of India puts a plan to grant it final approval for a commercial banking branch licence on hold
Goa rejection of economic zones attacked
India’s commerce ministry refuted a decision by Goa to scrap plans for special economic zones, highlighting renewed controversy over industrial development
Reliance IPO clears regulatory hurdle
India’s largest initial public offering, the planned listing of Reliance Power, has cleared one of its last regulatory hurdles
HK and India in deal on flights
Hong Kong has reached an agreement with India to allow airlines to double the number of flights to big Indian cities as well as open new transit routes to the US and Europe
