Poverty. Riches. The world's largest democracy. An ancient caste system. Bollywood. India is a land of contrasts, a booming new power that remains baffling to outsiders and insiders alike. The Shiva Rules is a year-long GlobalPost series that decodes the many mysteries of India's uneven rise in the 21st century.
India's economic boom has widened the gap between rich and poor.
NEW DELHI — As debate rages over government programs designed to provide more equal opportunities to the poor, the bald facts beg the question: Is growth enough?
In the past few years a new word has appeared in India to describe the new mega-rich โ "Bollygarchs". These Indian business-owners have become a new, distinct class of the international elite. But can they keep hold of their wealth?
India's slow GDP growth and its political hurdles to economic policymaking are two key reasons that India risks losing its investment-grade rating, according to a new report from Standard & Poor's.
NEW DELHI, India — Earlier this month, India's prime minister drew a line in the sand. This weekend, he erased it. What happens next could determined his legacy.
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