India’s newly elected pro-business prime minister Narendra Modi.  Photograph: Vivek Prakash/Bloomberg

Expectations that India’s newly elected pro-business prime minister Narendra Modi will take the necessary action to boost economic growth and create m(...)

Raghuram Rajan, India’s central bank governor, during  a Bloomberg TV  interview on January 30th, 2014. Mr Rajan warned that “industrial countries have to play a part in restoring”  global policy co-ordination. Photographer: Dhiraj Singh/Bloomberg

India’s central bank governor has hit out at the US and other industrialised countries for running selfish economic policies as their recovery lead(...)

A customer counts currency inside a currency exchange shop in Kolkata. The rupee  has fallen by some 20 per cent since May. Photograph: Rupak De Chowdhuri/Reuters.

The Indian rupee slid back towards a record low today, with investors braced for a statement on the state of economy from prime minister Manmohan Sin(...)

India’s rupee yesterday posted its biggest single-day percentage fall since October 1995. Photograph: Dhiraj Singh/Bloomberg

The Indian rupee rebounded today from a record low after the central bank’s move to provide dollars directly to oil companies provided relief to the c(...)

One of the first Indian bank one rupee notes printed in 1917. The currency is under pressure on international markets. REUTERS/Anindito Mukherjee

India’s battered rupee endured its worst day on foreign exchange markets in almost two decades, plunging almost 4 per cent to close just below Rs69 (...)

India’s economic growth began a feeble recovery at the tail end of a 2012 fiscal year that saw the slowest expansion in a decade, providing little rel(...)