Economy

India's economic growth slows to 7%

India's economy grew at an annual rate of 7% between April and June, official figures have shown.
Is the Renminbi ready to go global?

Pressure from the IMF suggests that, with time China will indeed move towards a more open capital market. But that creates other challenges for Asia's largest economy.
Asia stocks slump as China falls gather pace

Asian stocks slumped to three-year lows as a slump in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown churned world markets.
China factory data fuels slowdown fears

Latest data suggests factory activity in China shrank at its fastest pace in more than six years in August.
Financing Sustainability: Pathways to Scale

Our global and complex economy does many things well, but achieving equitable and sustainable outcomes, or in other words 'sustainable development', has not been one of its strengths.
Greek parliament passes second crucial bailout bill

Greece's parliament on Thursday passed legislation on a second batch of reforms needed to help unlock a huge international bailout for the country's stricken economy.
Graft undercuts economic growth

The Finance Minister's estimate that widespread graft takes 2 to 3 percent off the economy has serious implications for the country's development.
Analysis: Getting ready to become a middle-income country

The other challenge we will face is how to keep rising inequality in check and how to make basic services accessible to the poor. It will need proper policy, institutions and financing.
Record $15.30bn remittance in FY 2014-15

Bangladesh received record $15.3 billion in remittance from expatriates working abroad in the last fiscal year.
Budget financing biggest challenge says CPD

Financing the 2015-16 fiscal budget will be its biggest challenge, CPD says placing doubts on whether the revenue target can be met.