With global trade negotiations stalled, India and the European Union are pressing to complete a bilateral free-trade agreement in the autumn
that is intended to triple their 53 billion euro ($66 billion) trade flow within five years.
After nine rounds of negotiations, India and Europe are closing in on such a free-trade agreement, Anand Sharma, the Indian minister of commerce and industry, said in an interview.
Further ratcheting up the stakes in the fast-growing and intensely competitive Indian wireless market,
telecom companies bid nearly $11 billion for spectrum designated for high-speed data services.
The final tally of a frenzied monthlong auction concluded at nearly twice the amount that the government had expected,
a sum that many analysts had previously said might itself be too ambitious.
Founded three seasons ago, the Indian Premier League managed to make the sport of cricket sexy.
India’s corporate titans bought teams, Bollywood stars infused matches with celebrity glamour and fans from Mumbai to Dubai to New Jersey followed the league on television as its value rose to more than $4 billion.
India’s cities are expanding on a larger scale and at a faster pace than ever before.
To date, though, the country has avoided dealing with the hard questions about how best to manage its massive urbanization.
For years, India and other developing countries, particularly China, have imported different categories of waste from developed countries as a lucrative, if controversial, business.
Critics have blamed the importing of discarded computer equipment, known as toxic e-waste, for long-term chronic health problems among workers in scrapyards, as well as environmental damage.
Suicide has become something of a phenomenon in India, especially in the south, which now has one of the highest suicide rates in the world — a fact that has both puzzled and alarmed public health experts.
Suicides by indebted farmers are frequently reported in the news media and pointed to as a sign that India has forgotten its rural poor.
Two years after Wal-Mart came to India, it is trying to do to agriculture here what it has done to industries around the world:
change business models by using its hyper-efficient practices to improve productivity and speed the flow of goods.
Land acquisition for expanding cities and industry is one of the most bitterly contentious issues in India, rife with corruption and violent protests.
Yet in some areas it has created pockets of overnight wealth, especially in the outlying regions of the capital, New Delhi,
The World Bank has stepped forward in lending to health sector in India. Three projects totaling US$ 662 million, which were held up for more than a year, have now been approved by the Board of Executive Directors of the World Bank. [br]
