India’s Economy Struggles After Big Hopes

By JIM YARDLEY and VIKAS BAJAJ, New York Times
Wed, 05/30/2012 - 6:00am

India’s problems have dampened hopes that it, along with China and other non-Western economies, might help revive global growth.

Sections: news world business

Topics: asia bric economy global economy india

US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Philippines mulls pullout of Syria peacekeepers
The Philippine foreign secretary says he is recommending to President Benigno Aquino III to pull out all Filipino U.N. peacekeepers from the Golan Heights following the abduction of four by Syrian rebels. More
Bangladesh Factory Collapse Death Toll Hits 1,034
Death toll from factory collapse in Bangladesh passes 1,000 as recovery operation continues. More
Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
8 die in clothing factory fire in Bangladesh as Rana Plaza toll passes 900
Eight people were killed when a fire swept through a clothing factory in Bangladesh, police and an industry association official said on Thursday, as the death toll from the collapse of another factory building two weeks ago climbed above 900. More

BING NEWS:

"India traversed remarkable journey from struggles of independence to riding waves of aspiration and development": PM Modi
Stressing the need for a collective effort to achieve goals of development Prime Minister Narendra Modi said on Saturday that India has traversed a remarkable ...
11/15/2024 - 5:42 pm | View Link
India budget: Is it enough to revive the Covid-hit economy?
Prime Minister Narendra Modi's government has ramped up spending on infrastructure, and extended credit guarantees to small businesses as Asia's third-largest economy struggles to pull off an ...
01/31/2022 - 11:00 am | View Link
India economy: Seven years of Modi in seven charts
This spurred the next big problem. "India's biggest challenge has been a slowdown in investments since 2011-12," said Mahesh Vyas, CEO of the Centre for Monitoring the Indian Economy (CMIE).
06/20/2021 - 12:59 pm | View Link
More