The potential market for pensions in India is enormous. Some 284m working age people in India lack formal pensions.
It is of course a coincidence, but the pace of corporate news in India is accelerating while the new government, whose election last week sparked a surge of corporate optimism and a stock market boom, dithers over which ministers to appoint to which jobs.
Consumers have traditionally sought solace in life's little low-cost treats during hard times. Lipstick, lingerie, sunglasses and watches are some of the usual "affordable luxuries" people have turned to in recessions. And each downturn throws up fresh examples.
Before blaming offshoring for every ill, there are three critical and often overlooked factors that will determine the success of the project. These factors -- visibility, risk mitigation, and governance and compliance -- are ultimately in the hands of the client and addressing them "at home" can dramatically alter the outcome of an outsourced software development project.
An Indian pharmaceutical company is gearing up to sell a cheap version of the leading patented antiviral flu drug Tamiflu to emerging economies, in a move that will pitch intellectual property rights against affordable access to medicines.
Citigroup came under growing pressure to overhaul its board on Tuesday after it revealed that two long-serving directors survived a shareholder vote largely thanks to a balloting rule that is due to be scrapped.
Is Asia a bouncy, bouncy Tigger? Or, like the proverbial dead cat, are Asian tigers on a merely temporary upward trajectory? Certainly, Asia's tigers and, if you will bear with the zoological references, its canaries, too, have done better recently.
So, Tim Geithner, the US Treasury secretary, is fighting chronic uncertainty with transparency. The results of the "stress tests", an exercise to identify undercapitalised banks so the government can make sure they have enough capital to recover, will be announced on Thursday.
Traders brushed aside rumours that the US government's stress tests would require the banking sector to raise significant new capital. Instead, further gains for equity markets and better-than-expected US employment data set a positive tone.
Tough US import controls on biological materials, introduced after the September 11 2001 attacks, hindered the rapid identification of the H1N1 virus because samples from infected Mexican patients had to be sent to Canada for analysis instead of the US.
India's largest automotive group said it had received 203,000 pre-paid orders worth Rs25bn ($507m) for the Nano, the world's cheapest car, which it put on sale for a 16-day booking period which ended on April 25.
Asian economies are unlikely to undergo a sustained recovery until mid-2010 and can not rely on China to pull the region out of its current slump, a senior International Monetary Fund official said on Wednesday, casting doubts on a "green shoots" theory that has helped bolster Asian stock markets recently.
If global stagflation takes hold, it will force China to accelerate its reforms to float its currency and create a single, independent and market-based financial system. When that happens, the dollar will collapse.
The Federal Reserve chairman highlighted the recent recovery in consumer spending and said there were "signs of bottoming" in the housing market.
Acting stars in the world's most prolific movie-making industry have seen their fees plunge by up to 80 per cent from the peaks they reached last year, leading producers say.
Signs of "green shoots" in India came in the form of an ABN-Amro Bank purchasing managers' index based on a survey of 500 companies.
Neither recessions nor world wars have deterred women from indulging in beauty products, writes Valentina Zannoni.
The European Union's attempt to regulate hedge funds will affect other classes of alternative investment such as real estate funds and investment trusts, lawyers studying the fine print of the new rules have warned.
The head of the World Health Organisation hit back at critics who have accused it of over-reaction to the swine flu crisis, warning it may return "with a vengeance" in the months ahead.
Barack Obama on Monday promised to double public funding of scientific research to exceed the level Washington spent during the "space race" unleashed by Dwight Eisenhower and John F. Kennedy 50 years ago.