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India's middle class grew sevenfold, but salary growth remained weak, data show

India, July 29 -- If you felt that your salary has been stagnating over the past few years, there is now data from the income tax filings that turns the feeling into a fact. Middle India in the tax-in... Read More


Mis-selling regulations need a lot more teeth

India, July 10 -- It has taken more than 20 years of bank branches mis-selling financial products to depositors for the central bank to give some teeth (though clearly not enough) to the regulations t... Read More


Ride out inflation with patience and prudence

India, May 14 -- The stress on the Indian economy is beginning to show up in data. The wholesale price index (WPI) for April, at 8.3% over the past year, has seen a sharp jump over the March number, w... Read More