Other Briefings
India’s Ministry of Finance Releases Quarterly Review
Nov. 6 – The Indian economy grew at a rate of 4.4 percent during the first quarter of the 2013-14 fiscal year, according to numbers released this week by the Ministry of Finance in their Quarterly Review 2013-14. While real GDP growth below 5 percent is slow by Indian standards, the country’s economic output was […]
India’s Industrial Output Rises
Nov. 1 – India’s industrial economy looks to be on the rise, as output of its eight core industries increased to the highest levels since last September. The eight core sector industries have a combined weight of 38 percent in the Index of Industrial Production (IIP), indicating stronger construction and investment activity compared to low […]
EU Urges India to Liberalize Insurance Sector
Oct. 30 – As part of the proposed bilateral free trade agreement (FTA) between the European Union (EU) and India, the EU is pushing India to increase the allowable level of foreign direct investment (FDI) into its insurance sector in addition to increasing the voting rights of foreign investors. Presently, the maximum amount of FDI allowed […]
New Delhi & Mumbai Comparison
A comparitive overview of India’s most vibrant cities Oct. 29 – The capital of the world’s largest free-market democracy, Delhi, is a spicy fusion of the ancient and the modern, a harmonious blend of culture, cuisine, arts and architecture. Meanwhile, Mumbai, formerly known as Bombay, is the gateway to modern India – a vibrant, fast […]
India Promotes Domestic Industrial Parks for Chinese Investors
Oct. 25 – In light of India’s growing trade deficit with China, Indian Prime Minister Manmohan Singh not only welcomed Chinese investment into his country but also promoted the idea of creating Chinese industrial parks during a speech given to Chinese media and business representatives earlier this week. “We are happy that more Chinese firms […]
Survey: Bangalore on the Rise
In a recent survey conducted by the Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, Bangalore has been ranked as India’s top business destination in terms of infrastructure, human capital, city culture and basic quality of living.
China-India Border Deal Opens the Way to More Trade
Bangladesh-Myanmar-India-China Economic Region Suggested Oct. 24 – The meetings yesterday between Indian Prime Minister Dr. Manmohan Singh and Chinese Premier Li Keqiang was a mixture of détente over border issues, some cultural cross-referencing, and the laying down of a platform for increased trade opportunities. In what turned out to become a remarkably cordial and informal […]
India Further Deepens Trade and Investment with Russia
Oct. 23 – Indian Prime Minister Manmohan Singh and Russian President Vladimir Putin met in Moscow this week for the 14th India-Russia Annual Summit, which focused on deepening India’s strategic partnership with Russia to enhance trade, investment and global stability. “Despite the fragile global economic environment, our bilateral trade grew by nearly 25% last year […]
