SUBSCRIBERS
Modi's infrastructure splurge revives investment in India
Published Tue, Oct 13, 2015 · 09:50 PM
New Delhi
PRIME Minister Narendra Modi's bet on higher public spending to spur economic activity in India has started paying off, as capital investment shows signs of sustained revival after years of uneven growth.
But corporate spending is still tepid and federal revenues remain stressed, raising the risk of another false dawn for Asia's third-largest economy as it tries to recover momentum.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Australia’s retail sales volumes fall 0.4% in Q1
Xi bristles at criticism of China over the war in Ukraine
Australian PM accuses Chinese warplane of ‘unacceptable’ conduct
Alleged Chinese meddling spurs foreign agent registry in Canada
Hamas accepts Gaza truce proposal, Israel urges Rafah evacuation
US to snub Putin inauguration