Special focus on India

Euromoney's latest coverage of macroeconomic, FX, fixed income and equity market trends in the Asian powerhouse.

 

Alternative awards of the year 2017

Alternative awards of the year 2017

For the banking industry, 2017 was a time of trying finally to resolve issues of the past and avoid new mistakes, yet dig beneath the surface and it was also 12 months of intrigue and, sometimes, farce.

NPCI: The backbone to India’s payments revolution

NPCI: The backbone to India’s payments revolution

India receives global attention for its digital innovation as a tool of financial inclusion, but it couldn’t get off the ground without a unique non-profit institution charged with creating the infrastructure.

China v India in Reliance Communications spat

China v India in Reliance Communications spat

News broke last week of an intriguing insolvency petition in India: under the new Insolvency and Bankruptcy Code, high-profile disputes are now commonplace, but what’s interesting here is it pits a Chinese policy bank against an Indian private-sector corporation.

Indian banks respond to Modi's demonetization shock therapy

Indian banks respond to Modi's demonetization shock therapy

November 8, 2016, will go down in history as the day Donald Trump, a real estate mogul and reality TV host, was elected the 45th president of the United States and leader of the free world – but, in India, it marks a perhaps equally surreal event: demonetization.

RBI’s Rajan sounds alarm over breakdown in global coordination

RBI’s Rajan sounds alarm over breakdown in global coordination

A lack of international monetary policy coordination and efforts to beef up the IMF to reflect the newfound clout of emerging markets (EMs) raises the risks of trade protectionism and market volatility, Reserve Bank of India (RBI) governor Raghuram Rajan tells Euromoney.

Rajan’s surgical strikes

Rajan’s surgical strikes

Reserve Bank of India governor Raghuram Rajan is battling inflation and crony capitalists to open a new chapter in the Asian superpower’s growth story.

Modi makeover ignites India’s banking leaders

Modi makeover ignites India’s banking leaders

In exclusive interviews, leaders of Indian finance reveal how banks, nursing wounds from the recent credit boom, should be set free from the shackles of state control, as reformists raise hopes of a new dawn for Indian capitalism.

India: Waiting game continues for foreign investment banks

India: Waiting game continues for foreign investment banks

Even in a bullish scenario where a Rajan-Modi dream team unleashes reforms – from PSL to the bond market – in an economic super-cycle that sees public lenders recapitalized, foreign investment banks could still be chasing rainbows in India.

Is India bouncing back?

Is India bouncing back?

The world’s biggest democracy saw its risk score improve in the lead up to the elections, which might be the start of an upward trend.

Fed effect vs Modi effect: the rupee-appreciation story

Fed effect vs Modi effect: the rupee-appreciation story

After the rupee’s spirited rally in line with the ascent of newly installed Indian prime minister Narendra Modi, analysts say rising US yields could undercut the currency, while others claim strong equity inflows and an improvement in the current account suggest appreciation for the rest of the year.

Devil is in the detail in EM currencies

Devil is in the detail in EM currencies

It has been a horrible few months for emerging market (EM) currencies, with foreign exchange investors looking to exit a broad range of exposures from Brazil to Indonesia.

India's identity crisis

India's identity crisis

India’s business leaders are increasingly concerned about the will of its political elite to drive economic growth.