Other Briefings
U.S. and India Team Up to Tackle Cybercrime
Dec. 24 – Despite a recent diplomatic spat between the two countries, India and the United States will soon increase joint efforts to check cybercrime via a new cooperation portal. During a two-day bilateral conference between top American and Indian police chiefs in New Delhi, India proposed the creation of a joint portal called the […]
Anti-Corruption Party Forms Delhi Government
Dec. 23 – India’s newest political party, the Aam Aadmi Party (AAP or Common man party), has ended several days of uncertainty by successfully forming a government in Delhi state. The AAP, which made its debut this year running on an anti-corruption platform, took the Indian political scene by storm last month when it claimed […]
Christie’s Debuts First Major Art Auction in India
India’s luxury goods market is the world’s fastest growing Dec. 20 – The international art dealer Christie’s has just held its first auction in India. 83 lots of high value paintings and sketches, including works by Tyeb Mehta and Amrita Sher-Gil were on offer. Estimates for the total lot came to US$6-8 million. The art auction market in india […]
India Approves New Anti-Corruption Agency
Dec. 18 – India’s upper house of Parliament passed a measure Tuesday that will create a new independent anti-corruption agency with the broad authority to investigate senior politicians and other high-level allegations of corruption. The Lokayuktas Bill (Lokpal Bill) has been stalled in the upper house for more than two years since social activist Anna […]
WTO Reaches Food Security Agreement with India
By Kavita Patel Dec. 16 – The World Trade Organization’s 159 member states came to a momentous agreement on December 7th to lower global trade barriers. The Bali Package marks the first major WTO deal since its establishment in 1995. The package’s most significant achievement is its decision on trade facilitation, which will increase global […]
BJP Stuns in Election Outcome, Congress Party in Disarray
India’s governing Congress party has suffered heavy losses in three state elections and has narrowly lost in a fourth, with the Bharatiya Janata Party the clear winner across all the elections.
India Seeks Latin American Investors in Manufacturing and Infrastructure
Dec. 11 – During a visit to India this week by business community leaders from Latin American and Caribbean (LAC) countries, India indicated it was actively seeking LAC investment in its manufacturing, infrastructure, and agricultural processing sectors. Led by Ecuadorian Vice President Jorge Glas Espinel, the 250 member business delegation will attend a number of […]
India’s Economy on Track for Expansion in 2014
Dec. 3 – After Ernst & Young ranked India as the most attractive investment destination in the world last week, strong quarterly growth figures indicate India’s economy is on track to expand by at least 5 percent in 2014. In a press conference yesterday, Indian Finance Minister P. Chidambaram pointed to India’s decreasing account deficit, […]
