Raghuram Rajan's departure as head of the Reserve Bank of India to return to teaching at the University of Chicago, made some Indians fear upheaval, but with his deputy taking the helm, stability is expected.
Japan | Elected Tokyo’s first female governor, Yuriko Koike has made history in Japan. She ran as an independent in defiance of her party—the ruling Liberal Democratic Party—which supported the lesser-known Hiroya Masuda. Koike, 64 years old and a veteran politician, hopes to bring the city’s financial center back to its former glory.
Indonesia | Can the much-admired former Finance Minister of Indonesia, Sri Mulyani Indrawati, bring back the magic in her second tour in the post?
India | The Indian parliament’s adoption of a constitutional amendment bill has paved the way for the biggest tax reform in the $2 trillion economy’s history, as Narendra Modi’s government prepares to usher in a dramatic change in the tax regime: a single goods and services tax (GST) that subsumes all central, state and local levies.