Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . India is weighing further steps to attract foreign investment into the country, just days after rolling out a sweeping package aimed at boosting inflows and shoring up its external finances. While authorities have yet to ...
Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . India is weighing further steps to attract foreign investment into the country, just days after rolling out a sweeping package aimed at boosting inflows and shoring up its external finances. While authorities have yet to spell out the next steps, economists and industry groups have identified several areas where policymakers could act. Boosting Net FDI Over the past decade, Prime Minister Narendra Modi’s government has set aside about $26 billion for manufacturing incentives, helping attract companies such as Apple Inc. and Samsung Electronics Co. to expand operations in India. The program has helped boost the share of electronic goods exports to around 11% of total merchandise shipment in the year-ended March 2026, from 5.2% in fiscal 2023, according to Nomura. Even so, net foreign direct investment has remained subdued since the pandemic as overseas investors have stepped up profit repatriation and outbound investments even while continuing to bring fresh capital into the country. Keen to build on the success of the sector-specific incentive program and strengthen India’s position as an export hub, policymakers are examining ways to deepen the country’s manufacturing ecosystem. Local media reports suggest one proposal under discussion is a revamp of the incentive program for mobile-phone makers, with a greater focus on producing components locally rather than assembling imported parts. The government is also weighing a new support package for pharmaceutical ingredients manufacturers to expand production and encourage research. Economists say India could attract more long-term investment by focusing on sectors drawing the most global capital, including artificial intelligence, data centers, electric vehicles, defense, critical minerals and clean energy. Next Generation Reforms Beyond secto...
Crops and flowers rely on them for survival, but wild bees are declining – and crucial nutrients will go missing from our diets as a result There are few ways in and out of Nepal’s Jumla district. The Karnali highway, considered one of the world’s most dangerous roads, provides the only land link, splicing through the Himalayas to connect Jumla’s terraced valleys to the rest of the country. As suc...
Crops and flowers rely on them for survival, but wild bees are declining – and crucial nutrients will go missing from our diets as a result There are few ways in and out of Nepal’s Jumla district. The Karnali highway, considered one of the world’s most dangerous roads, provides the only land link, splicing through the Himalayas to connect Jumla’s terraced valleys to the rest of the country. As such, the 120,000 people that live there are almost entirely self-sufficient, with most of them eating and selling what they grow. It’s a tenuous existence, plagued by food insecurity and malnutrition. In recent years, local beekeepers have bemoaned languishing hives and dwindling honey production, observing that roughly half of their bees seem to have vanished over the past decade. These concerns, however, ignore an even more insidious impact. Continue reading...
Microsoft co-founder to appear in closed-door session as part of lawmakers’ investigation into convicted sex offender Bill Gates is set to testify in front of the House committee on oversight and reform on Wednesday as part of the panel’s investigation into the convicted sex offender Jeffrey Epstein. The Microsoft co-founder will appear in a closed-door session, where lawmakers are expected to que...
Microsoft co-founder to appear in closed-door session as part of lawmakers’ investigation into convicted sex offender Bill Gates is set to testify in front of the House committee on oversight and reform on Wednesday as part of the panel’s investigation into the convicted sex offender Jeffrey Epstein. The Microsoft co-founder will appear in a closed-door session, where lawmakers are expected to question him about his past relationship with Epstein. A transcript of the interview is expected to be released at a later date. Continue reading...
Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at all levels to use it We live in an age of manufactured scarcity. In a world richer than ever before, roughly one 10th of the world’s population still lives in extreme destitution . Millions of people cannot afford enough food, proper housing or basic healthcare, while ...
Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at all levels to use it We live in an age of manufactured scarcity. In a world richer than ever before, roughly one 10th of the world’s population still lives in extreme destitution . Millions of people cannot afford enough food, proper housing or basic healthcare, while a tiny minority accumulates unprecedented wealth and power. At the same time, droughts, megafires, floods and heatwaves remind us that our economies are pushing the planet beyond its limits. These are not separate crises. They are symptoms of an economic model that has reached the end of the road. Poverty and inequality are not accidents; they are predictable outcomes of policy choices: how we design tax systems, regulate labour markets, value care, structure public services and decide whose needs and whose voices matter. Crucially, if governments can manufacture poverty, they can also dismantle it. Olivier De Schutter is the chair of New Economies for Eradicating Poverty; Joseph Stiglitz is a Nobel laureate in economics; Jayati Ghosh is professor of economics at University of Massachusetts Amherst; Thomas Piketty is professor of economics at the Paris School of Economics; Kate Raworth is an economist at Oxford University’s Environmental Change Institute; Jason Hickel is the author of The Divide: A Brief Guide to Global Inequality and its Solutions Continue reading...
A young woman begins a career in the adult industry while, 30 years later, her friend tries to find out what happened to her, in an addictive, twist-filled story Just as there is a lack of pornography made by women, there is a lack of books about making pornography written by women. Recent nonfiction titles such as Polly Barton’s Porn: An Oral History and Fiona Vera-Gray’s Women on Porn have sough...
A young woman begins a career in the adult industry while, 30 years later, her friend tries to find out what happened to her, in an addictive, twist-filled story Just as there is a lack of pornography made by women, there is a lack of books about making pornography written by women. Recent nonfiction titles such as Polly Barton’s Porn: An Oral History and Fiona Vera-Gray’s Women on Porn have sought to address the silence and moral confusion, while Rufi Thorpe’s novel Margo’s Got Money Troubles imagined a student mum paying her way with OnlyFans. Now Allie Rowbottom, author of a memoir, Jell-O Girls, and a novel, Aesthetica, braves the dicey terrain in her sleazy, cinematic second novel. Published into a contemporary landscape where algorithms promote increasingly extreme content, Lovers XXX takes us to the so-called golden age of the Los Angeles porn industry, through the eyes of two teenage runaways who trade troubled homes for big-city dreams. Continue reading...
The Ministry of Finance announced on Wednesday that it plans to issue 15 billion yuan (US$2.2 billion) worth of sovereign bonds in Hong Kong next week, marking its third issuance this year and strengthening the city’s role as the world’s largest offshore yuan trading hub. Analysts expected the issuance to be popular because the yuan had been appreciating against other currencies and many internati...
The Ministry of Finance announced on Wednesday that it plans to issue 15 billion yuan (US$2.2 billion) worth of sovereign bonds in Hong Kong next week, marking its third issuance this year and strengthening the city’s role as the world’s largest offshore yuan trading hub. Analysts expected the issuance to be popular because the yuan had been appreciating against other currencies and many international investors were seeking to diversify their portfolios amid geopolitical tensions. The bonds,...