India to see ‘big-bang’ reforms in Modi’s second term, government think tank says

NEW DELHI: In the first 100 days of Indian Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that should please foreign investors are likely to be pursued, according to a top official at the government’s main think tank. The reforms will include changes in labour laws, privatisation moves, and creation of […]

Japan’s industrial output rebounds but trade war risks grow

TOKYO Japan’s industrial output rebounded in April, though retail sales grew at a slower pace from the previous month, suggesting that both domestic and external demand could come under severe pressure in the event of a protracted Sino-US trade war. The rise in industrial output was also mainly because Japanese companies front-loaded production before a […]