At the height of his career, Rajat Gupta, the former Goldman Sachs Group Inc. director and McKinsey & Co. managing director, was sentenced to two years in prison for passing insider information to his friend and business partner, Galleon Group LLC co-founder Raj...
Recent statistics have shown a steady growth trajectory for both India and China. While GDP and manufacturing output numbers quantify a nation’s progress, softer statistics are showing a discerning upward trend. In recent report by International Finance...
The tea leaf whose humble journey from China to India centuries ago, heralded one of the most popular drinks on the subcontinent, is expected to lose her crown to the mighty coffee bean. Considered the brew of the newly affluent, the internationally well-travelled,...
Chinese author Mo Yan just became the first Mandarin to win the Nobel Prize for literature. During the same week, China announced it would be translating into Mandarin, publishing and printing constitutions of a majority of the worlds nations. Furthermore, in recent...
The cascading economy and 12 percent drop in the value of the rupee against the dollar has eroded millions from India’s billionaires. Yet two of India’s riches have personal fortunes which are much higher than the richest billionaires in China. In its...
The Asian Development Bank released a report about it, the World Bank foresaw this happening and the International Monetary Fund expects it. Growth rates in China and India are expected to drop, plummet, fall and reach a new low as international GDP figures fall and...