Other Briefings
Japan to Help India Boost its Manufacturing, Trade and Investment
Sept. 17 – Japan will help India boost its manufacturing exports through a program designed to facilitate greater cooperation between the two countries. The program, which was announced this week during a meeting between India’s Minister of Commerce Anand Sharma and Japan’s Minister of Economy, Trade and Industry Toshimitsu Motegi, will continue a long-standing business […]
India Releases Draft Rules for New Companies Act
Sept. 12 – The Indian government has released new draft rules for the 2013 Companies Act, which will replace the original Companies Act of 1956. The new draft rules cover the first half of the Companies Act and will be open for public comment until October. The second half of the Companies Act draft rules […]
Rupee Surges as India’s Trade Deficit Narrows
Sept. 11 – Recent government data has shown that India’s trade deficit narrowed to US$10.92 billion in August (from US$12.27 billion in the previous month) due to higher exports and lower imports. In August, exports increased 12.97 percent to US$26.13 billion, the second straight month of double digit growth, while imports decreased 0.68 percent to […]
Indian Cabinet’s Project Monitoring Group Lifts Barriers on 217 Developments
Billions of investment dollars set to flow as Government cracks down on red tape Sept. 9 – The Indian government has recently removed several procedural hurdles that were responsible for bottlenecking large infrastructure projects worth a total of US$26 billion. Power projects saw the greatest liberation, which includes 17 developments previously stalled due to red […]
New RBI Chief Increases Market Confidence in India
Sept. 9 – India’s new central bank chief, Raghuram Rajan, has begun taking steps to reform the rupee. On becoming the new chief, Rajan made a promise to implement sweeping reforms. The markets reacted positively to Rajan’s appointment – stock markets and the rupee both saw an increase in their value, with banks having seen […]
Sun Microsystems Co-Founder: “India the best place to invest in right now”
Sept. 6 – During a Nasscom discussion on startups, Silicon Valley venture capitalist Vinod Khosla has stated that “India is the best place in the world to invest in.” Khosla is of the view that India should be viewed through the prism of the long-term investor rather than simply paying attention to the recent negative […]
Tea Industry Sees Growth In India
Sept. 4 – In a stroke of fortunate luck, despite the devaluing rupee, Indian tea exporters have benefited recently thanks to tea producers lowering their prices which has in turn made them much more competitive globally. The decrease in the value of the rupee has actually come at a somewhat opportune time for Indian growers […]
Indian Infrastructure: Delhi
Sept. 4 – You will be hard pressed to find infrastructure in other parts of India that can match Delhi’s. While the transportation and utilities networks do exhibit reliability issues in some areas, coverage is extensive with ongoing plans for upgrading and expansion. Roads Delhi has five national highways (NH) passing through its territory, namely […]
