7. Taxes introduced when fuel was cheap are now squeezing consumers, who are paying record amounts and more than anyone else at the pump in South Asia.
India’s healthcare system may be poorly, but buying into it will require financial vigour.
For bank bosses, this will be a difficult period, but the extra scrutiny should result in stronger institutions.
Recently, SBI reported an unexpected dip into the red. It’s a poor start to the tenure of new Chairman Rajnish Kumar, but he has a good idea of where the bank is headed.
Mukesh Ambani looks set to preside over India’s first $100 billion-plus company. The tycoon’s RIL is likely to attain a twelve-digit market capitalisation in 2018.
With a massive fall in the price of mobile data in India and rising penetration of internet-enabled phones, as many as 650 million more Indians will come online by 2022.
The future of the BRICS looks toxic. China and India stepped back from a border dispute just in time for a summit of the bloc of large emerging market countries.