India's overhaul of its decades-old criminal justice system has come under criticism from some lawyers and activists who say the changes could increase police powers over citizens and increase case backlogs in an overworked system.
Global Banks Are the Biggest Bulls in India’s Bond Market
Foreign banks have emerged as the largest investors in India’s trillion dollar sovereign bond market in recent weeks, attracted by the nation’s economic prospects and a stable currency. They’ve bought more than 500 billion rupees ($6 billion ...
Pakistan to stay in IMF cycle if taxes not hiked, says Finance Minister
Federal Finance Minister Muhammad Aurangzeb warned that Pakistan will stay in the IMF cycle if taxes are not increased.In an interview with Financial Times, he said that the 'upcoming IMF program will ...
Indonesia sees higher 2024 budget deficit at 2.7% of GDP, finance minister says
Indonesia's budget deficit this year is forecast to widen to 2.7% of gross domestic product on a estimated rise in spending due to the rupiah's depreciation and as tax revenue from the mining sector ...
India Faces Fiscal Challenges Ahead of Budget Presentation
A recent report highlights India's high public debt, limiting fiscal space for welfare measures that could stimulate the economy. Analysts expect Finance Minister Nirmala Sitharaman to continue on the ...
India Faces Fiscal Challenges Ahead of Budget Presentation
A recent report highlights India's high public debt, limiting fiscal space for welfare measures that could stimulate the economy. Analysts expect Finance Minister Nirmala Sitharaman to continue on the ...
Income tax cuts in Budget: A half-hearted recipe to fix India’s consumption woes
The upcoming Budget may include something that the interim Budget missed: cuts in income tax. Will the move really help put money in the hands of the people and boost consumption, or is there some ...
China’s graduates told to embrace financial reshuffle, ‘don’t feel ashamed’ about career
Students at a university in Shanghai told not to be ashamed of taking a job in China’s finance sector amid the industry’s heightened scrutiny and dwindling reputation.
Indonesia’s investors fret over Prabowo’s free school meals pledge
The president-elect’s US$4.35 billion plan to give away free meals and vow to be ‘daring’ on spending has rattled debt and currency markets.
US says it has raised concerns with India about its ties with Russia
The United States has raised concerns with India about its relationship with Russia amid Moscow's invasion of Ukraine, a U.S. State Department spokesperson told reporters on Monday in response to questions about a meeting between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin.