India's tax policies have come under scrutiny once again, as multinational corporations have hit out at the tax demands being made by the country.

Pressure from foreign investors has caused India's government to rethink its new General Anti-Avoidance Rules, which were passed in 2012.

The Indian government has announced plans to increase the proportion of foreign investment allowed in insurance companies and pensions in the country, but it still has to pass the reform in parliament where it will face stiff opposition.

Asian countries must focus more on long-term aftercare.

The World Economic Forum has placed Switzerland at the top of its competitiveness index, citing the country's level of innovation, efficient labour market and sophisticated business sector as its key attributes.

Stephen Timewell talks to the Reserve Bank of India's deputy governor about the expected growth in the country's banking system, the challenges of establishing and Islamic finance sector in a country with the world's third largest Muslim population and the investment plans in infrastructure over the next five years.

A recent survey shows that companies from emerging markets are looking to the developing world both for the best growth strategies and for expansion opportunities.