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Vice President Biden Discusses the U.S. Economy While in India

This morning, in advance of President Obama's major economic address, Vice President Biden delivered remarks in Mumbai, India where he discussed how America’s partnership with India could improve the economies of both nations.<p>The speech, at the Bombay Stock Exchange, was part of the …

India stuck between a Walmart and a hard place

As a non-profit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial …

India

Anna Hazare slams Telangana, says creation of new states will weaken the country

Creation of a Telangana state will not only encourage demand for new states but also new districts and this will only weaken the country, social …

For India, creating smaller states like Telangana is not always the best option

When the states of what would be independent India were drawn up in the dying days of the British Raj, the criterion used was linguistic: people who mostly spoke the same language were brought together in one state. This principle ignored minority languages and dialects within these areas, as it …

India FDI in retail: what’s changed?

Print this page<p>India has long struggled with its rules on foreign direct investment, especially in retail. There have been street protests over …

What’s Behind the New Chinese Crackdown?

Since late March, when China’s new president Xi Jinping took power, nearly one hundred Chinese human rights activists have been detained, on charges …

Why Hasn’t Loan Growth Generated Economic Growth? China’s Central Bank Explains

For economists, the hot topic is why China’s growth is so much lower than its expansion of credit. Money supply has notched increases of close to 15% year-over-year in recent months, but economic growth for the second quarter was only half that rate.<p>In its latest monetary policy report (in …

The Last Stampede: Capital Now Exiting China

According to calculations by Dow Jones, the People’s Bank of China and Chinese banks sold a net 41.2 billion yuan ($6.7 billion) of foreign currency in June. Others believe the amount of net sales that month was closer to 48 billion yuan.<p>In any event, June’s net sale of foreign currency was not …

China and India: The scramble for business in Africa

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/business/1000000/1000052_h264_1500k.mp4?__gda__=1524733417_a762d6986178a383de48bad7fb699c18<p><b>Throughout Africa - at building sites, on the street, and at ports and airports - the Chinese presence is growing.</b><p>Competing for a slice of the …