Economywatch

India to raise wheat exports in 2013, pay local farmers more

India has allowed 2.5 million tonnes of wheat exports for 2013 to cut bulging stocks, the finance minister said on Wednesday, compared with 2 million tonnes in 2012.<br /><br />

Economy's not a football that parties can kick around: Chidambaram

The Finance Minister also expressed the hope that once "one or two" issues were resolved it would become possible for the government to push through key economic reforms bills.

Why the rupee is such a drama queen

The currency is being weighed down by a host of worries, none of which are likely to go away in a hurry. So, expect the rupee to tumble further in coming months - and make a scene about it.

India's 6.9% GDP at a three year low vs 8.4% last fiscal

India's gross domestic product is estimated to grow an annual 6.9 percent in the 2011/12 fiscal year, a government statement said on Tuesday, citing provisional estimates.

Economy in 'Gambhir phase'; T20 quick-fixes won't work

Pain-killers and medicine can help Gambhir play a crucial IPL match, but his shoulder will really heal only with rest and recuperation. It's the same with the global and Indian economy. The time for quick-fixes is over. The economies have to slow down, cool and build new momentum for growth.

Full Text: US Fed policy rate to remain low

The US Federal Reserve bank continued to stay on course with its planned stimulus tapering program, after the FOMC agreed to cut spending by a further $10 billion to come down to $65 billion per month.

As China dumps export growth model, small players must adapt or die

As Beijing makes good on long-standing promises to redirect its economy toward domestic growth instead of exports, Companies that cannot adapt will fail.